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Tesla is absolutely crushing the competition in California thanks to the Model Y
Tesla may not be recognized by the Biden administration as a leader in the electric vehicle market, but this does not mean that the company is not absolutely dominating the sector. This was certainly the case in California, Tesla’s original home state, as the EV maker has completely expanded its reach even into the general auto market, as highlighted by CNBC’s Phil LeBeau in a recent Squawk Box segment.
Citing data from the California New Car Dealers Association, LeBeau stated that Tesla is completely dominating the electric vehicle sector, and a lot of it has to do with the strength of the Model Y. The Model Y competes in the extremely popular crossover segment, and it shows, with the all-electric vehicle ranking as the state’s fifth best-selling model, outselling even popular gas-powered rivals. This is very impressive considering that the Model Y is a premium-priced crossover, and it has received a number of price increases over the year.
“We get this data every quarter from the California New Car Dealers Association, and it’s a great look at how the country’s largest auto market is moving in terms of trends — what people are buying what they’re not buying — and the numbers look incredible for Tesla. Now they’ve always been strong in California. It’s always been their strongest market, but look at the surge in sales this year. Nobody’s close to them, up 64%. The strength of this, the Model Y. Now the Model 3 has always done well there, but the Model Y it is the fifth best-selling model in California. Let me stress this again. Not the fifth-best-selling electric vehicle. The fifth best-selling vehicle, period. It is also the number one luxury compact SUV in California,” LeBeau said.
Apart from discussing the Model Y’s strength in California, the CNBC correspondent also highlighted that estimates for Tesla’s fourth-quarter deliveries are becoming more and more optimistic. While current FactSet estimates for the company’s Q4 2021 vehicle deliveries stand at an already impressive 893,000, LeBeau noted that it would not be surprising if these estimates rise to over 900,000 vehicles as the year ends. There’s a lot of upside left for Tesla’s deliveries in the near future as well, as the company is yet to deploy its new EV production sites, Giga Berlin and Giga Texas. When those are already in operation, the company’s vehicle deliveries would most certainly see a notable rise.
“One reason when you take a look at Tesla’s annual sales, the estimates continue to go up not just because of California, but because of what they’re doing worldwide. The estimate now according to FactSet is for full year deliveries to reach 893,000 vehicles. Don’t be surprised by the end of the year if the estimate tops 900,000 vehicles. As you take a look at Tesla over the last three months, remember the Gigafactory hasn’t even come online. It starts production at the end of this year. We’ll probably start to see the first vehicles coming out of the Gigafactory next year. We will see the Cybertruck towards the end of next year,” LeBeau said.
Watch CNBC’s segment on Tesla’s strength in California in the video below.
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Tesla begins Robotaxi certification push in Arizona: report
Tesla seems serious about expanding its Robotaxi service to several states in the coming months.

Tesla has initiated discussions with Arizona transportation regulators to certify its driverless Robotaxi service in the state, as per a recent report from Bloomberg News. The move follows Tesla’s launch of its Robotaxi pilot program in Austin, Texas, as well as CEO Elon Musk’s recent comments about the service’s expansion in the Bay Area.
The Arizona Department of Transportation confirmed to Bloomberg that Tesla has reached out to begin the certification process for autonomous ride-sharing operations in the state. While details remain limited, the outreach suggests that Tesla is serious about expanding its driverless Robotaxi service to several territories in the coming months.
The Arizona development comes as Tesla prepares to expand its service area in Austin this weekend, as per CEO Elon Musk in a post on X. Musk also stated that Tesla is targeting the San Francisco Bay Area as its next major market, with a potential launch “in a month or two,” pending regulatory approvals.
Tesla first launched its autonomous ride-hailing program on June 22 in Austin with a small fleet of Model Y vehicles, accompanied by a Tesla employee in the passenger seat to monitor safety. While still classified as a test, Musk has said the program will expand to about 1,000 vehicles in the coming months. Tesla will later upgrade its Robotaxi fleet with the Cyercab, a two-seater that is designed without a steering wheel.
Sightings of Cybercab castings around the Giga Texas complex suggests that Tesla may be ramping the initial trial production of the self-driving two-seater. Tesla, for its part, has noted in the past that volume production of the Cybercab is expected to start sometime next year.
In California, Tesla has already applied for a transportation charter-party carrier permit from the state’s Public Utilities Commission. The company is reportedly taking a phased approach to operating in California, with the Robotaxi service starting with pre-arranged rides for employees in vehicles with safety drivers.
News
Tesla sets November 6 date for 2025 Annual Shareholder Meeting
The automaker announced the date on Thursday in a Form 8-K.

Tesla has scheduled its 2025 annual shareholder meeting for November 6, addressing investor concerns that the company was nearing a legal deadline to hold the event.
The automaker announced the date on Thursday in a Form 8-K submitted to the United States Securities and Exchange Commission (SEC). The company also listed a new proposal submission deadline of July 31 for items to be included in the proxy statement.
Tesla’s announcement followed calls from a group of 27 shareholders, including the leaders of large public pension funds, which urged Tesla’s board to formally set the meeting date, as noted in a report from The Wall Street Journal.
The group noted that under Texas law, where Tesla is now incorporated, companies must hold annual meetings within 13 months of the last one if requested by shareholders. Tesla’s previous annual shareholder meeting was held on June 13, 2024, which placed the July 13 deadline in focus.
Tesla originally stated in its 2024 annual report that it would file its proxy statement by the end of April. However, an amended filing on April 30 indicated that the Board of Directors had not yet finalized a meeting date, at least at the time.
The April filing also confirmed that Tesla’s board had formed a special committee to evaluate certain matters related to CEO Elon Musk’s compensation plan. Musk’s CEO performance award remains at the center of a lengthy legal dispute in Delaware, Tesla’s former state of incorporation.
Due to the aftermath of Musk’s legal dispute about his compensation plan in Delaware, he has not been paid for his work at Tesla for several years. Musk, for his part, has noted that he is more concerned about his voting stake in Tesla than his actual salary.
At last year’s annual meeting, TSLA shareholders voted to reapprove Elon Musk’s compensation plan and ratified Tesla’s decision to relocate its legal domicile from Delaware to Texas.
Elon Musk
Grok coming to Tesla vehicles next week “at the latest:” Elon Musk
Grok’s rollout to Tesla vehicles is expected to begin next week at the latest.

Elon Musk announced on Thursday that Grok, the large language model developed by his startup xAI, will soon be available in Tesla vehicles. Grok’s rollout to Tesla vehicles is expected to begin next week at the latest, further deepening the ties between the two Elon Musk-led companies.
Tesla–xAI synergy
Musk confirmed the news on X shortly after livestreaming the release of Grok 4, xAI’s latest large language model. “Grok is coming to Tesla vehicles very soon. Next week at the latest,” Musk wrote in a post on social media platform X.
During the livestream, Musk and several members of the xAI team highlighted several upgrades to Grok 4’s voice capabilities and performance metrics, positioning the LLM as competitive with top-tier models from OpenAI and Google.
The in-vehicle integration of Grok marks a new chapter in Tesla’s AI development. While Tesla has long relied on in-house systems for autonomous driving and energy optimization, Grok’s integration would introduce conversational AI directly into its vehicles’ user experience. This integration could potentially improve customer interaction inside Tesla vehicles.
xAI and Tesla’s collaborative footprint
Grok’s upcoming rollout to Tesla vehicles adds to a growing business relationship between Tesla and xAI. Earlier this year, Tesla disclosed that it generated $198.3 million in revenue from commercial, consulting, and support agreements with xAI, as noted in a report from Bloomberg News. A large portion of that amount, however, came from the sale of Megapack energy storage systems to the artificial intelligence startup.
In July 2023, Musk polled X users about whether Tesla should invest $5 billion in xAI. While no formal investment has been made so far, 68% of poll participants voted yes, and Musk has since stated that the idea would be discussed with Tesla’s board.
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