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Tesla is testing the waters in Germany for the expansion of its energy utility business

(Credit: Tesla)

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During the second quarter earnings call, Elon Musk discussed the inherent potential of Tesla Energy. According to the CEO, Tesla Energy has a lot of room to grow simply because the utility sector is far larger than the automotive market. And if Musk’s recent visit to Germany and the company’s recent initiatives are any indication, it appears that Tesla is now testing the waters for a potential push into the country’s energy market. 

Tesla has recently acquired a license that would allow it to trade electricity across western Europe. The electric car maker has also been surveying potential customers in Germany about the idea of using Tesla power in their vehicles. As noted in a Reuters report, consultants and energy industry executives believe that these strategies could set the stage for Tesla, perhaps with one or more partners, to expand its business to German’s utility sector. Such a move would be strategic, considering that the country is Europe’s largest power market. 

Interestingly enough, the survey that Tesla sent to German customers asked about switching from an existing energy supplier to a new power provider. The questionnaires were sent out about a month after Tesla became a member of the Paris-based EPEX Spot power exchange, a platform utilized to trade intraday cross-border electricity. Questions from the survey, which were retrieved by Reuters, hinted at some of the company’s speculated technologies, such as vehicle-to-grid (V2G) capabilities for its vehicles. 

“What would encourage you to switch from your existing energy supplier?” The survey noted, adding “Would you buy a Tesla photovoltaic system and home storage (Tesla Powerwall) if you could switch to a specially designed Tesla electricity tariff?” The survey also asked if customers would be willing to allow Tesla to control when their vehicles are charged. 

Industry executives and consultants noted that such a system could allow the company to coincide charging with cheap electricity rates during off-peak hours. This could also open the doors for Tesla to utilize power gathered by its customers to help balance the power grid, an increasingly important service in Germany as the country starts to embrace more renewable solutions.

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Granted, Tesla is only at the first stages of its energy business’ expansion, but the company has taken visible steps towards this goal in recent months. Back in May alone, Tesla applied for a license to supply power in the UK. This application was approved, paving the way for the company’s battery storage products and Autobidder software to test the waters in the UK’s utility sector

Berthold Hannes, a consultant with 30 years of energy advisory experience, stated that an expansion into the utility sector actually makes sense for a business like Tesla. “The next and obvious step for Tesla is to get into production, especially of renewable power. Tesla could use its own locations, for example, the roofs of plants or the sites of charging points, and alternatively, or in addition, it could take stakes in solar plants or wind parks,” Hannes said. 

In the Q2 2020 earnings call, Elon Musk explained that Tesla Energy plays a huge role in the company’s mission to accelerate the world’s shift to sustainability. “Tesla Energy will be roughly the same size as Tesla automotive. The energy business collectively is bigger than the automotive business. So you say like, how big is the energy sector? It’s bigger than automotive. And in order to achieve a sustainable energy future, we have to have sustainable energy generation,” the CEO said.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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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.

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Credit: Tesla

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.

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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.

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Tesla sets November 6 date for 2025 Annual Shareholder Meeting

The automaker announced the date on Thursday in a Form 8-K.

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Credit: Tesla

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.

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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.

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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.

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Credit: Tesla China

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.

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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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