

News
Tesla ‘Cyber Rodeo’ expected to feature remarks from TX politicians Ted Cruz, Greg Abbott
Tesla’s massive “Cyber Rodeo” at Gigafactory Texas will feature food, fireworks, tours of the new factory, and remarks from Texas politicians Ted Cruz and Greg Abbott, according to reports.
A note from Global Equities Research analyst Trip Chowdhry indicated both Senator Cruz and Governor Abbott would make an appearance to show their support for Tesla’s new factory. The $1.1 billion electric vehicle manufacturing facility located just outside Austin city limits will send an influx of new employment opportunities to Austin, which would likely be the focal point of the politicians’ remarks.
Credit: Twitter | Greg Abbott
Tesla is not the only notable tech company to move to the Austin area, as Dell, Amazon, and Apple are just three of the big names to join the electric automaker in the area within the last few years. However, CEO Elon Musk has been friendly with Gov. Abbott in the past, meeting with him on several occasions. Abbott even offered Musk and Tesla an invitation to open a facility in Texas in early 2020 when the COVID-19 pandemic forced a prolonged shutdown of the automaker’s Northern California-based Fremont factory. Musk threatened to move Tesla’s headquarters to Texas, a move the company finalized last year. Fast forward to now, and Tesla is preparing to launch deliveries of its all-electric Model Y at the site.
Fifteen thousand people are expected to gain entry into Tesla’s “Cyber Rodeo,” but if you didn’t get a ticket, there is still a chance to make it inside. Earlier today, Musk, who is expected to give his remarks around 9 PM CT this evening, said there could be some leniency at the event. “The door won’t be super strict,” Musk said. The event is also set to be live-streamed.
Anticipation for the event has been building for some time. After other production facilities, like Tesla’s recently-opened Gigafactory Berlin plant, have received their own unique festivals, Musk hinted that the Austin factory would have a Texas-themed event.
Tesla begins inviting 15,000 guests to ‘Cyber Rodeo’ at Gigafactory Texas
The finer portions of the event are currently unknown, but fans were ecstatic to see the Cybertruck wandering the Giga Texas property through the past few days. Tesla built more anticipation with a series of covered vehicles within the facility yesterday in a photo captured by Joe Tegtmeyer, a drone operator who has built a reputation as the Tesla fans’ eye in the sky throughout the development of the new production facility.
The Cyber Rodeo live from Gigafactory Texas will also have a live stream, which will commence at 9 PM CT.
I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.
News
Tesla Model Y becomes dual champ in China’s vehicle sales rankings
The Model Y’s recent accomplishments suggest that Tesla really has created something special with the all-electric crossover.

The Tesla Model Y was recently deemed a double champion in China, with the all-electric crossover topping two notable sales charts in the country’s automotive sector.
The Model Y’s recent accomplishments suggest that Tesla really has created something special with the all-electric crossover, as it has continued to outsell even vehicles that are newer and more affordable.
Tesla China’s announcement
In a post on Weibo, Tesla China VP Grace Tao highlighted that the Model Y topped China’s sales of SUVs, as well as vehicles that are priced in the 200,000-400,000 yuan range. This is quite remarkable, as the Model Y is one of the more costly entries in both lists. She also invited everyone to try out the vehicle for themselves. “You will know the champion strength after a try,” the Tesla VP wrote.
For the first half of the year, the Tesla Model Y sold 171,491 units domestically in China. This number was enough to make it the country’s best-selling SUV and vehicle priced in the 200,000-400,000 yuan range, but it could still easily be higher in the second half of 2025.
This was because Tesla initiated a changeover in Gigafactory Shanghai to shift the facility’s Model Y line to the vehicle’s new iteration. Had Tesla sold the Model Y in full force during the first half of 2025 in China, the vehicle’s domestic sales figures would have been even more impressive.
Model Y L coming
Tesla China’s Model Y sales could see a notable boost in the second half of the year due to the addition of the Model Y L, an extended wheelbase version of the all-electric crossover. Tesla is yet to announce the details for the Model Y L, though the vehicle was listed in the MIIT regulatory catalog as a six-seater. This is game-changing, as the Model Y’s previous seven-seat configurations have caught criticism for being far too cramped and unusable for adults.
With the six-seat Model Y in the company’s lineup, Tesla would be able to compete with popular vehicles from rivals like BYD, which have made it a point to release spacious three-row vehicles that are designed to carry the whole family. Provided that the Model Y L is priced correctly, it could very well raise Tesla’s vehicle sales this year.
Investor's Corner
Tesla still poised to earn $3B in ZEV credits this year: Piper Sandler
Piper Sandler analyst Alex Potter maintained his $400 per share price target on TSLA stock.

Tesla (NASDAQ:TSLA) is still poised to earn about $3 billion in zero-emission vehicle (ZEV) credits this year despite growing concerns over policy shifts under United States President Donald Trump. This is, at least, according to Piper Sandler analyst Alex Potter, who maintained his $400 per share price target and “Overweight” rating on TSLA stock.
Tesla’s ZEV credit revenue
In a recent investor note, Potter acknowledged that Trump’s efforts to undo EV-related incentives could impact Tesla’s ZEV credit income. The analyst noted that these effects would likely not be too drastic, however, even if ZEV credits provide Tesla’s finances with a substantial boost. Last year, Tesla earned about $3.5 billion from regulatory credits, equal to nearly 100% of the company’s FY24 free cash flow, as noted in a Benzinga report.
Potter estimated that the impact of potential regulatory reversals from the Trump administration will likely not be immediate. “Tesla will still book around $3B in credits this year, followed by $2.3B in 2026,” the Piper Sandler analyst wrote.
Considering his reiterated $400 price target for Tesla stock, Potter seems to be expecting an upside of over 20% for the electric vehicle maker. It should be noted, however, that Tesla is a volatile stock by nature, so huge swings in stock price may happen even without material developments from the company.
Robotaxi developments
The Piper Sandler analyst also highlighted the progress of Tesla’s Full Self-Driving (FSD) program and Robotaxi developments as potential offsets to regulatory headwinds. Potter pointed to expanding operations in Austin and Tesla’s push to launch Robotaxi services in Phoenix and the Bay Area, pending regulatory approval.
“In our view, these favorable FSD-related developments are likely to overshadow any/all negative commentary arising from lower 2025/2026 estimates,” the analyst wrote.
In addition to rescinding ZEV programs, the Trump administration has proposed ending the $7,500 federal EV credit by September 2025 and rolling back Corporate Average Fuel Economy (CAFE) standards.
News
Tesla sees 9,900 new vehicle registrations in China in July’s third week
Tesla introduced minor updates to the Model 3 and Model Y long-range variants recently.

Tesla recorded 9,900 new vehicle insurance registrations in China during the week of July 14–20, a 19.3% decline from the 12,270 units that were listed in the prior week. The drop follows a sharp surge in early July, when registrations rose 145% week-over-week.
Weekly registrations dip after early July surge
Tesla’s drop in insurance registrations last week follows a notable spike earlier this month. During the week of July 7–13, the company registered 12,300 vehicles, up 145% from just 5,010 units the week before. That surge was largely driven by strong domestic demand for the locally produced Model Y crossover and Model 3 sedan, both built at Tesla’s Gigafactory Shanghai.
Tesla introduced minor updates to both long-range models recently, as well as a minor price increase for the Model 3. The Model Y’s pricing remained unchanged, a move that likely helped maintain momentum in the highly competitive Chinese EV market, as noted n a CNEV Post report. Despite the recent dip, the Model Y continues to lead Tesla’s local deliveries, highlighting its role as the company’s top seller in China.
June sales remain strong despite lower exports
Tesla’s June wholesale figures in China totaled 71,599 vehicles, up 0.83% year-over-year and 16.1% from May, according to the China Passenger Car Association (CPCA). Retail sales in the country reached 61,484 units, making June Tesla’s second-highest domestic month of the year, behind only March. The figures suggest that the Model Y and Model 3 are seeing some stable demand in China, despite emerging competition and pricing pressure in the local EV segment.
However, exports from Gigafactory Shanghai dropped to 10,115 units in June, down 13.9% from last year and over 56% from May. The shift suggests Tesla may be prioritizing domestic deliveries ahead of new product introductions. Tesla, after all, is expected to launch the six-seat variant of the Model Y, called the Model Y L, in China in the coming months.
-
Elon Musk5 days ago
Waymo responds to Tesla’s Robotaxi expansion in Austin with bold statement
-
News5 days ago
Tesla exec hints at useful and potentially killer Model Y L feature
-
Elon Musk6 days ago
Elon Musk reveals SpaceX’s target for Starship’s 10th launch
-
Elon Musk7 days ago
Tesla ups Robotaxi fare price to another comical figure with service area expansion
-
News5 days ago
Tesla’s longer Model Y did not scale back requests for this vehicle type from fans
-
News5 days ago
“Worthy of respect:” Six-seat Model Y L acknowledged by Tesla China’s biggest rivals
-
News6 days ago
First glimpse of Tesla Model Y with six seats and extended wheelbase
-
Elon Musk6 days ago
Elon Musk confirms Tesla is already rolling out a new feature for in-car Grok