News
Tesla invites Europeans to take ‘Drive To Believe’ challenge: one week with Model S
A new program being offered by Tesla invites residents in select European markets to participate in the company’s latest ‘Drive To Believe’ challenge and win a chance to experience Model S through an extended one week test drive.
Residents of the UK, Germany, Netherlands, Norway, Sweden, Switzerland, France, Austria, Belgium, Finland, Luxembourg, Italy, Denmark, and Ireland that win the challenge will have the opportunity to swap their existing vehicles for a Tesla Model S on specific dates between November 16 and December 31, 2016.
“At Tesla, we believe that it takes driving a Tesla and experiencing its superior performance, safety, and technology, to be convinced. We now want to give you that opportunity as well.”, reads the description on Tesla’s ‘Drive to Believe’ online form.
It’s no secret that Tesla is making a significant investment in expanding its European footprint. CEO Elon Musk recently told investors that the company has plans to expand its battery production into Europe with a second Gigafactory. The company also recently announced that it had acquired top-notch German engineering firm Grohmann Engineering to form a new division aimed at building automated assembly systems, a step towards Musk’s goal of “building the machine that builds the machine”. Continued efforts on scaling Tesla’s European infrastructure while streamlining manufacturing processes and logistics allows the company to position itself ahead of demand.
Meanwhile, programs such as the latest ‘Drive To Believe’ challenge allows the company’s sales arm to focus on driving demand overseas. Secondarily, by having prize winners sign off on terms that would allow Tesla to film their experience with a Model S, the company is able to leverage its Customer Stories program as a tool to build trust among interested buyers and further stimulate sales efforts.
We’ve included the full details of Tesla’s ‘Drive to Believe’ European competition.
TESLA ‘DRIVE TO BELIEVE’ EUROPEAN COMPETITION 2016
1. The promoter
1.1 The promoter is: Tesla Motors Netherlands B.V., Burgemeester Stramanweg 122 (1101 EN), Amsterdam Netherlands (Tesla).
2. The competition
2.1 The title of the competition is TESLA ‘DRIVE TO BELIEVE’.
2.2 Entrants must answer a skill-based question within the space provided in the competition field online at www.tesla.com/drive-to-believe
2.3 The competition will run in one phase. For you to be eligible for the competition, your entry must be submitted between 00:01 on 16th November to 23:59 on 31 December 2016
2.4 You may enter the competition only once.
2.5 All competition entries received after 23:59 on 31 December 2016 will be automatically disqualified from the competition.
2.6 To enter the competition you must fill in all required fields on www.tesla.com/drive-to-believe
2.7 Participation in the competition can only take place at www.tesla.com/drive-to-believe. No applications to enter made in any other manner will be accepted.
2.8 No purchase necessary.
2.9 Tesla will not accept:
(a) responsibility for competition entries that are lost, mislaid, damaged or delayed in transit, regardless of cause, including, for example, as a result of any equipment failure, technical malfunction, systems, satellite, network, server, computer hardware or software failure of any kind; or
(b) proof of transmission as proof of receipt of entry to the competition.
2.10 By submitting a competition entry, you are agreeing to be bound by these terms and conditions.
2.11 The competition entry selection will be based on the entrant’s specific eligibility for the competition. The decision of Tesla (acting reasonably) will be final. Tesla reserves the right to amend the criteria used to judge entries.
2.12 By entering the competition, you hereby warrant that all information submitted by you in your entry is true, accurate and complete in every respect. Tesla reserves the right to verify any information contained in your entry and/or your eligibility to enter the competition.
2.13 Tesla reserve the right in its absolute discretion to disqualify any entrant if it has reasonable grounds to believe that an entrant has breached any of these terms and conditions or any applicable law. Each entrant acknowledges and agrees that any failure to comply with these terms and conditions could lead to Tesla disqualifying that person, without Tesla giving any reason for such disqualification or granting any opportunity for challenge.
2.14 In the event that a prize-winner is disqualified from the competition, Tesla will select an alternative prize-winner in the same manner as the original prize-winner and such selection will be subject to these terms and conditions.
3. Eligibility
3.1 The competition is only open to all residents in the following European markets: UK, Germany, Netherlands, Norway, Sweden, Switzerland, France, Austria, Belgium, Finland, Luxembourg, Italy, Denmark, Ireland
3.2 Entrants must be 25 years of age or above and own a car and hold a valid driver’s license for the market they reside in and enter the competition from.
3.3 Entrants must be able to provide proof of identity.
3.4 Entrants must be willing to be filmed and for all footage and image and voice recordings of their person to be used for Tesla promotional purposes, in all media, globally, in perpetuity for no additional fee or financial remuneration of any kind.
3.5 Any person that is any of the following is not eligible to win the competition:
(a) an employee of Tesla or its holding or subsidiary companies;
(b) an employee of agents or suppliers of Tesla or its holding or subsidiary companies, who are professionally connected with the competition or its administration; or
(c) a member of the immediate families or households of (a) and (b) above.
Tesla reserves the right to disqualify any person that it knows is, or has reasonable grounds to believe is, ineligible for the competition as a result of this condition.
3.6 In entering the competition, you confirm that you are eligible to do so and eligible to claim the prize. Tesla may require you to provide proof that you are eligible to enter the competition.
3.7 Tesla will not accept competition entries that are:
(a) automatically generated by computer;
(b) completed by third parties;
(c) illegible, have been altered, reconstructed, forged or tampered with;
(d) incomplete.
3.8 There is a limit of one entry per person for the duration of the competition. In the event that Tesla discovers or has reasonable grounds to believe that the same person has made multiple entries, such person and any entries made by them shall be disqualified and, if such entrant has already been selected as a prize-winner, an alternative prize-winner will be selected in accordance with condition 2.14
3.9 Tesla reserves all rights to disqualify you if your conduct is contrary to the spirit or intention of the competition or if you engage in political slogans or homophobic language, behaviour of a lewd or explicitly sexual nature or engage in content which is defamatory, obscene, illegal, vulgar, offensive or otherwise unsuitable or infringes others’ rights (including intellectual property rights).
4 The prize
4.1 The prize is as following:
(a) Competition winners must swap their current car for a Tesla Model S for the duration of one week to take place on specific dates Tesla will select between 00:01 on 16th November to 23:59 on 31 December 2016.
4.2 The prize is supplied by Tesla.
4.3 There is no cash alternative for the prize. The prize is not negotiable or transferable.
4.4 In order to claim the prize you must comply with condition 6.
5. Winner announcement
5.1 The winners of the competition will be announced across all media to be selected by Tesla on a date or dates to be selected by Tesla.
5.2 The decision of Tesla is final and no correspondence or discussion will be entered into.
5.3 Tesla will contact the winner personally as soon as Tesla has selected a shortlist of winners.
6. Claiming the prize
6.1 If you are the winner of the prize, you will have 2 days from the Announcement Date to claim the prize. If you do not claim the prize within this timeframe, your claim will become invalid.
6.2 The prize may not be claimed by a third party on your behalf.
6.3 Tesla will make all reasonable efforts to contact the winner. If the winner cannot be contacted or is not available, or has not claimed their prize within 2 days of contact, Tesla reserves the right to offer the prize to the next eligible entrant selected from the correct entries that were received.
6.4 Tesla does not accept any responsibility if you are not able to take up the prize.
6.5 No prize will be awarded where any entrant has committed any form of misconduct (as determined by Tesla in its sole discretion).
7. Limitation of liability
Insofar as is permitted by law, Tesla, its agents or distributors will not in any circumstances be responsible or liable to compensate the winner or accept any liability for any loss, damage, disappointment, personal injury or death occurring as a result of any entrant entering this competition, taking up the prize, or as a result of any entrant winning or not winning any prize, except where it is caused by the negligence of Tesla, its agents or distributors or that of their employees. Your statutory rights are not affected.
8. Ownership and intellectual property rights
8.1 You agree that Tesla (and any third party authorised by Tesla) may use your person, voice and image for any promotional purpose (for example, placing it on the Tesla webpage and social channels for advertising media. You give Tesla (and any third party authorised by Tesla) your irrevocable permission to use, reproduce, publish, display, transmit, copy, amend, store, sell and sub-license your person, voice and image worldwide and in perpetuity for promotional purposes and for the purposes of the competition. Tesla will own the right to your image and voice recordings captured during the duration of the competition.
8.2 By submitting your competition entry, you agree to:
(a) assign to Tesla all your voice and image rights with full title guarantee; and
(b) waive all moral rights,
8.3 You agree that Tesla may, but is not required to, make your personal image and voice recordings available on our social media channels and websites and any other media, whether now known or invented in the future, and in connection with any publicity of the competition. You agree to grant Tesla a non-exclusive, worldwide, irrevocable license, for the full period of any intellectual property rights in your image and voice recordings, to use, display, publish, transmit, copy, edit, alter, store, re-format for such purposes.
9. Data protection and publicity
9.1 If you are the winner of the competition you agree that Tesla may use your name, image, and town or country of residence to announce the winner of this competition and for any other reasonable and related promotional purposes.
9.2 You further agree to participate in any reasonable publicity required by Tesla.
9.3 By entering the competition, you agree that any personal information provided by you with the competition entry may be held and used only by Tesla or their agents and suppliers to administer the competition.
10. General
10.1 If there is any reason to believe that there has been a breach of these terms and conditions, Tesla may, at its sole discretion, reserve the right to exclude you from participating in the competition.
10.2 In the event of any dispute regarding these terms and conditions, the conduct or results of the competition, or any other matter relating to a competition, the decision of Tesla shall be final and unchallengeable and no correspondence or discussion shall be entered into, comment issued, or reason given in respect of any decision made by Tesla.
10.3 Tesla reserves the right to hold void, suspend, cancel, or amend all or any part of the competition where it becomes necessary to do so. Any changes to these terms and conditions, or cancellation of the competition, will be posted on the Tesla website. It is the responsibility of entrants to keep themselves informed as to any changes to the terms and conditions.
10.4 These terms and conditions and any dispute arising out of or in connection with them or their subject matter (including any non-contractual disputes or claims) shall be governed by the laws of the Netherlands and the parties submit to the exclusive jurisdiction of the courts of The Netherlands.
Elon Musk
SpaceX to launch military missile tracking satellites through new Space Force contract
SpaceX wins a $178.5M Space Force contract to launch missile tracking satellites starting in 2027.
The U.S. Space Force awarded SpaceX a $178.5 million task order on April 1, 2026 to launch missile tracking satellites for the Space Development Agency. The contract, designated SDA-4, covers two Falcon 9 launches beginning in Q3 2027, one from Cape Canaveral Space Force Station in Florida and one from Vandenberg Space Force Base in California. The satellites, built by Sierra Space, are designed to bolster the nation’s ability to detect and track missile threats from orbit.
The award falls under the National Security Space Launch Phase 3 Lane 1 program, which Space Force uses to move payloads to orbit on faster timelines and at more competitive prices. “Our Lane 1 contract affords us the flexibility to deliver satellites for our customers, like SDA, more easily and faster than ever before to all the orbits our satellites need to reach,” said Col. Matt Flahive, SSC’s system program director for Launch Acquisition, in the official press release.
SpaceX is quietly becoming the U.S. Military’s only reliable rocket
The SDA-4 contract is the latest in a long string of national security wins for SpaceX. As Teslarati reported last month, the Space Force recently shifted a GPS III satellite launch from ULA’s Vulcan rocket to SpaceX’s Falcon 9 after a significant Vulcan booster anomaly grounded ULA’s military missions indefinitely. That move made it four consecutive GPS III satellites transferred to SpaceX after contracts were originally awarded to its competitor.
This didn’t come without a fight and dates back years. SpaceX originally had to sue the Air Force in 2014 for the right to compete for national security launches, at a time when United Launch Alliance held a near monopoly on the market. Since then, the company has steadily displaced ULA as the dominant provider, and last year the Space Force confirmed SpaceX would handle approximately 60 percent of all Phase 3 launches through 2032, worth close to $6 billion.
With missile defense satellites now part of its launch manifest alongside GPS, communications, and reconnaissance payloads, SpaceX is giving hungry investors something to chew on before its imminent IPO.
Elon Musk
Tesla’s Q1 delivery figures show Elon Musk was right
On the surface, the numbers reflect a mature EV market facing competition, softening demand, and the loss of certain incentives. Yet they also quietly validate a prediction Elon Musk has repeated for years: Tesla’s traditional auto business is becoming far less central to the company’s future.
Tesla reported its Q1 delivery figures on Thursday, and the figures — solid but unspectacular — show that CEO Elon Musk was right about what the company’s most important production and division would be.
We are seeing that shift occur in real time.
Tesla delivered 358,023 vehicles in the first quarter of 2026, according to the company’s official report released April 2.
The figure represents modest year-over-year growth of roughly 6 percent from Q1 2025’s 336,681 deliveries but a sharp sequential drop from Q4 2025’s 418,227. Production reached 408,386 vehicles, while energy storage deployments hit 8.8 GWh.
On the surface, the numbers reflect a mature EV market facing competition, softening demand, and the loss of certain incentives. Yet they also quietly validate a prediction Elon Musk has repeated for years: Tesla’s traditional auto business is becoming far less central to the company’s future.
Musk has long argued that vehicles alone will not define Tesla’s value.
Optimus Will Be Tesla’s Big Thing
In September 2025, Musk stated bluntly on X that “~80% of Tesla’s value will be Optimus,” the company’s humanoid robot.
He has described Optimus as potentially “more significant than the vehicle business over time.” Those comments were not abstract futurism. In January 2026, during the Q4 2025 earnings call, Musk announced the end of Model S and X production, framing it as an “honorable discharge,” he called it.
Those are the biggest factors.
~80% of Tesla’s value will be Optimus.
— Elon Musk (@elonmusk) September 1, 2025
The Fremont factory space, once dedicated to those flagship sedans, is being converted into an Optimus manufacturing line, with a long-term target of one million robots per year from that single facility alone.
The Q1 2026 numbers arrive at precisely the moment this strategic pivot is accelerating. Model 3 and Y deliveries totaled 341,893 units, while “other models” (including Cybertruck, Semi, and the final wave of S/X) added 16,130.
Growth is no longer explosive because Tesla is no longer chasing volume at all costs. Instead, the company is reallocating capital and factory floor space toward autonomy, energy storage, and robotics, businesses Musk believes will command far higher margins and enterprise value than incremental car sales.
Delivery Hits and Misses are Becoming Less Important
Wall Street’s pre-release consensus had pegged deliveries near 365,000. Coming in below that estimate might have rattled investors focused solely on automotive metrics. Yet Musk’s thesis has never been about maximizing quarterly vehicle shipments.
Tesla, he has insisted, “has never been valued strictly as a car company.”
The modest Q1 auto performance, paired with the deliberate wind-down of legacy programs and the ramp of Optimus, underscores that point. While EV demand stabilizes, Tesla is building the infrastructure for Robotaxis and humanoid robots that could dwarf today’s car business.
The future is here, and it is happening. It’s funny to think about how quickly Tesla was able to disrupt the traditional automotive business and force many car companies to show their hand. But just as fast as Tesla disrupted that, it is now moving to disrupt its own operation.
Cars, once the only recognizable and widely-known division of Tesla, is now becoming a background effort, slowly being overtaken by the company’s ambitions to dominate AI, autonomy, and robotics for years to come.
Critics may still view the shift as risky or premature. But the Q1 figures, solid but unspectacular in the auto segment, illustrate exactly what Musk has been signaling: the era when Tesla’s valuation rose and fell with every Model Y delivery is ending.
The company’s long-term bet is on AI-driven products that turn vehicles into high-margin robotaxis and factories into robot foundries. Thursday’s delivery report did not just meet the market’s tempered expectations; it proved Elon Musk was right all along.
The car business, once everything, is quietly becoming an important piece of a much larger puzzle.
Investor's Corner
Tesla reports Q1 deliveries, missing expectations slightly
The figure, however, fell short of Wall Street’s consensus estimate of 365,645 units, reflecting ongoing headwinds in the global EV market.
Tesla reported deliveries for the first quarter of 2026 today, missing expectations set by Wall Street analysts slightly as the company aims to have a massive year in terms of sales, along with other projects.
Tesla delivered 358,023 vehicles in the first quarter of 2026, marking a 6.3 percent increase from 336,681 vehicles in Q1 2025.
The figure, however, fell short of Wall Street’s consensus estimate of 365,645 units, reflecting ongoing headwinds in the global EV market. Production reached approximately 362,000 vehicles, with Model 3 and Model Y accounting for the vast majority. The results come as Tesla navigates softening demand, intensifying competition in China and Europe, and the expiration of key U.S. federal tax incentives.
🚨 BREAKING: Tesla delivered 358,023 vehicles in Q1 2026
Tesla also reported record energy deployments of 8.8 GWh
Wall Street had delivery consensus estimates of 365,645 pic.twitter.com/EVNAu5L3UT
— TESLARATI (@Teslarati) April 2, 2026
Energy storage deployments provided a bright spot, hitting a record 8.8 GWh in Q1. This underscores the accelerating momentum in Tesla’s energy segment, which has become a critical growth driver even as automotive volumes stabilize.
Year-over-year, the energy business continues to outpace vehicle sales, with analysts noting strong backlog demand for Megapack systems amid rising grid-scale needs for renewables and AI data centers.
Looking ahead, analysts project full-year 2026 vehicle deliveries in the range of 1.69 million units—a modest 3-5% rise from roughly 1.64 million in 2025.
Growth is expected to accelerate in the second half as production ramps and new incentives emerge in select markets. However, risks remain: persistent high interest rates, price competition from legacy automakers and Chinese EV makers, and potential margin pressure could cap upside.
Tesla has not issued official full-year guidance, but executives have signaled confidence in sequential quarterly improvements driven by cost reductions and refreshed lineups.
By the end of 2026, Tesla plans several major product launches to reignite momentum. The refreshed Model Y, including a new 7-seater variant already rolling out in select markets, is expected to boost family-oriented sales with updated styling, efficiency gains, and interior enhancements.
Autonomous ambitions remain central to Tesla’s mission, and that’s where the vast majority of the attention has been put. Volume production of the Cybercab (Robotaxi) is targeted to begin ramping in 2026, potentially unlocking new revenue streams through unsupervised Full Self-Driving (FSD) deployment.
A next-generation affordable EV platform, possibly under $30,000, is also in advanced planning stages for 2026 or 2027 introduction. On the energy front, the Megapack 3 and larger Megablock systems will drive further deployment scale.
While Q1 highlights transitional challenges in autos, Tesla’s diversified roadmap, spanning refreshed consumer vehicles, commercial trucks, Robotaxis, and explosive energy growth, positions the company for a stronger second half and beyond. Investors will watch Q2 closely for signs of sustained recovery, especially with new vehicles potentially on the horizon.
SpaceX to launch military missile tracking satellites through new Space Force contract
Tesla’s Q1 delivery figures show Elon Musk was right
Tesla reports Q1 deliveries, missing expectations slightly
Elon Musk says Tesla is developing a new vehicle: ‘Way cooler than a minivan’
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
