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Tesla’s pooling deal with Fiat-Chrysler is proving to be a killer combo in Europe
New data from the International Council on Clean Transportation (ICCT) shows that the pooling deal between Tesla and Fiat-Chrysler Automobiles is proving to be a strong force, as the two companies recently made up for 39% of the total electric vehicles registered in Europe.
According to the ICCT, the FCA-Tesla duo made up for nearly 2 of every five electric vehicles sold in Europe during the first quarter of 2020. The next closest competitor was Volvo, which shared 22% of the market with their electric cars. BMW was third with 14%.
“This is the result of a strong uptake of Tesla battery-electric vehicle sales, with a tenfold increase in deliveries in markets such as the UK, while at the same time sales of the Fiat brand combustion engine vehicles were cut in half compared to the previous month,” an ICCT Fact Sheet said.
⚡️Unprecedented⚡️ EV sales🚗all across European car markets in Q1 2020:
📈Record 10% marketshare in March
🇪🇺Driven by EU car CO2 regulation that kicked in on 1 Jan 2020See @TheICCT @MockPeter analysis:https://t.co/eYe8UrfngZ pic.twitter.com/fi7Q2FMcbe
— T&E (@transenv) April 29, 2020
In April 2019, Tesla and Fiat-Chrysler struck a deal to “pool” together their fleets to meet tough European Union emissions standards. The EU allowed company “pooling” to reach the goal of 95g of CO2 per kilometer at the beginning of 2020, and FCA chose Tesla to help accomplish that feat. Fiat Chrysler will pay Tesla around 1.8 billion euros for the deal, which will help them avoid large fines for having excessive emissions rates.
Fiat-Chrysler has plans to transition some of its most popular vehicles to electric as emissions standards are proving to be a tough task for the company when it is standing alone. The Fiat 500e will roll out for its first deliveries in Europe in July 2020. Meanwhile, the company also has plans to electrify the Fiat Panda, a car that could launch as soon as 2021.
Furthermore, FCA also expressed intentions to build Plug-In Hybrid variants of the Jeep Compass, Renegade, and Wrangler in a $10.5 billion initiative to transition to a more sustainable transportation lineup. But until then, the automaker’s pooling deal with Tesla would be its trump card to avoid emissions fines in Europe.
Tesla’s presence in Europe is notable. The company’s Model 3, Model S, and Model X are currently all available for purchase in the region. The Model Y will be available for purchase when the first phase of Giga Berlin is finished, and Tesla plans to complete that project in July 2021.
The Model 3, for its part, has made waves in the region’s auto sector. While other manufacturers like Volkswagen, Mercedes-Benz, and BMW continue to maintain high sales numbers through their lineup of petrol-powered sedans, the Tesla Model 3 has competed with these companies head-on. Figures from JATO Dynamics suggest that the Model 3 was the third most popular car, regardless of power source, in Europe in December 2019.
The partnership between both Tesla and Fiat-Chrysler goes way past selling vehicles. The collaboration between the two companies will, of course, increase sales figures. However, the ultimate goal was to decrease the amount of CO2 emissions into the Earth’s atmosphere, which is an issue that Fiat-Chrysler would have struggled with on its own. However, Tesla has helped FCA come within just three points of its emissions goal of 95g of CO2 per kilometer.
Elon Musk
SpaceX Starship just nailed something it’s never done before
SpaceX’s Starship flew successfully Friday, landing both stages and deploying its first Starlink V3 satellites.
Starship’s thirteenth test flight delivered exactly what SpaceX needed with a clean liftoff, two successful stage recoveries, and the first real payload the vehicle has ever carried to space. Booster 20 and Ship 40 lifted off at 5:51 p.m. CT from Starbase, and by the time the mission wrapped roughly an hour later, both halves of the rocket had done exactly what they were supposed to do.
Booster 20 separated from Ship 40 a few minutes into the flight and stuck a controlled splashdown in the Gulf of Mexico about six minutes after liftoff. That is a meaningful turnaround from Flight 12 in May, when the booster lost several engines during its boostback burn before a hard water landing attempt.
Starship as seen from Starlink satellites pic.twitter.com/e2hvfmnewh
— Elon Musk (@elonmusk) July 25, 2026
Starship 40’s performance was arguably the bigger win. The vehicle deployed the first 20 operational Starlink V3 satellites Starship has ever carried, then flew a suborbital arc to a landing in the Indian Ocean that SpaceX commentator Dan Huot called the company’s softest splashdown yet. “This is a dream scenario for this team that’s trying to get this heat shield data,” Huot said on the live broadcast, according to Space.com’s live coverage. “I’m a little over the moon right now. Wow. Lucky number 13.”
Unlike the mass simulators SpaceX flew on Flight 12, these were production Starlink V3 satellites, meant to extend solar arrays and antennas and attempt to link with the broader constellation before reentering minutes later. Getting real hardware through a full deploy sequence on only the second flight of the V3 generation keeps Starship on schedule for the payload work NASA is counting on for future Artemis lunar landings.
What an awesome launch, really seems like everything went super well and it was all incredibly smooth.
SpaceX is awesome. Very interested to see how the market will respond on Monday pic.twitter.com/KSHmyBfV55
— TESLARATI (@Teslarati) July 25, 2026
— TESLARATI (@Teslarati) July 25, 2026
The flight also arrives at a moment when SpaceX needed a win. SPCX has traded below its $135 IPO price since mid-July, as Teslarati reported when the mission slipped to Friday, and short interest has climbed to roughly a third of the tradable float. A clean flight will not fix a balance sheet, but it does answer the one question SpaceX absolutely needed answered this week: whether the fixes made after the July 16 abort would hold up under real flight conditions. They did, on both stages, on the first try after the redesign.
SpaceX has not set a target date for Flight 14, though the company has said it wants to push toward an orbital attempt on the next mission. After Friday, that goal looks a lot more within reach.
Tesla’s Supercharger Diner in Los Angeles dominated the company’s global usage rankings after just one year, proving the concept is more than just a one-off novelty location that will fade away.
The performance could incite the company to build more locations, something that CEO Elon Musk has hinted at for some time.
Tesla’s Supercharger Diner delivered 21.2 GWh of energy in its first year of operation, the company’s head of Charging, Max de Zegher, revealed on X. Of the top 10 most utilized Supercharger locations in Tesla’s global infrastructure, the Diner in Los Angeles was the most used by drivers, and it wasn’t particularly close:
Tesla Diner opened exactly 1 year ago. Inspiring that futuristic places like this exist.
It’s our highest usage Supercharger in the world: 21.2 GWh delivered in a year, 1.6k sessions/day.
Top 10 Superchargers by energy delivered: https://t.co/9YvJ8lw696 pic.twitter.com/koB3AUJHws
— Max (@MdeZegher) July 21, 2026
On its launch day one year ago, nobody was too sure what the Tesla Diner would be about. It seemed like an interesting concept, and considering it had been in the works for years, it was a highly anticipated launch that many were looking forward to.
Based on its success, we could see additional Diners with Superchargers built throughout the United States, and potentially beyond. Musk has said on several occasions that the company would be willing to bring the Diner idea to more markets.
Tesla makes major change at Supercharger Diner amid epic demand
Of the markets that Musk has mentioned, both Palo Alto and Austin have come to be perceived as ideal selections. However, there are no concrete plans as of now to build new Supercharger Diners anywhere; the location on Santa Monica Boulevard will remain the exclusive spot to pick up Tesla-inspired eats, at least for the time being.
Tesla short sellers won big following the company’s massive fall on Wall Street after it reported subpar Earnings on Wednesday.
Tesla short sellers collected about $4.12 billion in single-day profits on Thursday, according to Bloomberg. Shares fell as much as 15 percent during Thursday’s session. It closed as one of the worst days for Tesla on Wall Street in the past three years.
Investors sold off the stock after Tesla said it would aggressively direct its spending toward AI and its Optimus robot project. The company had record revenues, which were driven by one of the strongest quarters in terms of vehicle deliveries in company history.
However, it missed EPS estimates by reporting just $0.33, a far cry from the $0.53 analysts expected.
S3 Partners reported that about 3 percent of Tesla’s outstanding stock is sold short. Managing Director at S3, Ihor Dusaniwsky, provided the short seller’s potential profit, as well as another figure: shorts have likely had paper gains of $8.92 billion this year, as Tesla shares are down 30 percent in 2026.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla has burned short sellers many times in the past, but the company’s latest Earnings Call was a chance for those skeptics to taste some payback. Although the company gave some very transparent information regarding future projects, the rollout of Robotaxi, Optimus, and Semi, many investors took their profits on Thursday.
Notable short sellers like Michael Burry have been transparent about their skepticism around Tesla shares. Burry just revealed three weeks ago that he had opened up a new short on the stock, stating he shorted Tesla shares at $416.22. “Happy it jumped back to this level,” he said in a blog post.
At the time of publication, Tesla shares were down about 3 percent and the stock was trading at $309.92.
SpaceX Starship just nailed something it’s never done before
Tesla’s Supercharger Diner probably just secured more locations
