It appears that Tesla’s first Virtual Power Plant beta event in California was a resounding success. As per reports from homeowners who participated in the program, thousands of houses equipped with Tesla Powerwalls were able to help keep the grid stable.
Tesla has been laying the foundations of a Virtual Power Plant in California for some time now. Last year, the company started a pilot program that gave homeowners with Powerwall batteries the option to join the VPP. Tesla eventually improved the program by offering homeowners monetary compensation for allowing their Powerwall batteries to be used to help the grid if needed.
Tesla’s current program, which recently expanded to Southern California Edison (SCE) homeowners, offered a $2 per kWh compensation for those who choose to participate in the VPP. Tesla noted that homeowners would likely receive about $10 to about $60 for every event. One such instance happened recently, with Tesla notifying the participants of the CA VPP if they would like to participate in the Virtual Power Plant beta event.
Reports from Tesla Powerwall owners across California were extremely positive. Screenshots from PG&E Tesla Powerwall owners showed that about 2,342 homeowners took part in the Virtual Power Plant beta event, pushing about 16.5 MW of power back to the grid. Meanwhile, Powerwall owners in the SCE grid hinted that about 268 homes participated in the test, pushing 1.5 MW of power to the grid.
Between the Powerwall owners on the PG&E and the SCE networks, it seems that a total of about 2,600 homes participated in the test, pushing about 18 MW of power to the grid. That’s a pretty encouraging result, especially considering that Tesla is looking to expand its VPP program to accommodate far more homes in the near future.
The concept of a Virtual Power Plant is quite simple, though creating a viable distributed power plant is easier said than done. Considering how successful Tesla’s Virtual Power Plant test was, however, it would not be surprising if the company’s VPP project gets more participants in its next events. After all, Elon Musk has stated multiple times in the past that he believes Tesla Energy would be bigger than the company’s automotive business. A rapidly expanding VPP could be just the breakthrough that Tesla Energy needs to go mainstream.
Check out Lastbulb’s Tesla Virtual Power Plant tracker below.
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Tesla Cybercab sightings on public roads are becoming more frequent
After it was unveiled a year ago by Tesla, the company has made some pretty drastic jumps in progress in terms of the Cybercab, but a recent development has truly pushed fans of the company to think it is probably going to be available soon.
Tesla Cybercab sightings on public roads are becoming much more frequent, and they all are pointing to one thing: imminent production.
The Tesla Cybercab is the company’s vehicle developed for fully autonomous travel, as it will be manufactured without a steering wheel or pedals, according to CEO Elon Musk.
Tesla Robotaxi Cybercab: Seats, price, special features, release date, and more
After it was unveiled a year ago by Tesla, the company has made some pretty drastic jumps in progress in terms of the Cybercab, but a recent development has truly pushed fans of the company to think it is probably going to be available soon.
Last week, we reported on the first Cybercab sighting when the vehicle was finally being tested on public roads. The spotting was not a one-time deal, as we are now seeing many more sightings on public roads:
Saw it the other day pic.twitter.com/uv0geR6GIh
— Shareef Mahmoud (@saltyyshareef) November 6, 2025
The first spotting was in Palo Alto, just a few blocks from Tesla’s Engineering Headquarters in Los Altos. This second sighting appears to be relatively close to that first spotting, and it seems unlikely Tesla would be putting it on roads much further than that.
The public on-road testing of the Cybercab marks a major milestone in the entire project for Tesla. These early sightings and testing phases are usually followed by a lot of speculation about when the vehicle could end up in the hands of customers.
However, Tesla has already put a definitive date on when Cybercab production will begin, as Elon Musk said during the Q3 Earnings Call that it would roll off production lines in Q2 of next year.
But the speculation regarding the Cybercab is slightly different than other vehicles because Tesla has been developing it for fully autonomous travel; it’s not meant to be driven by humans but instead by software and the company’s Full Self-Driving suite.
Despite the vehicle being spotted with a steering wheel and pedals in the recent sightings, Musk has maintained that the Cybercab will not be developed with typical controls for a human. He recently confirmed this, and it does not seem the company is willing to veer too much from its plans for an autonomous car.
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Tesla Model Y Performance is rapidly moving toward customer deliveries
New drone images from noted drone operator and Gigafactory Texas observer Joe Tegtmeyer show Tesla is moving forward quickly in terms of its progress in producing the new Model Y Performance.
Tesla has rapidly progressed in the production of its most anticipated Model Y trim level: the Model Y Performance.
New drone images from noted drone operator and Gigafactory Texas observer Joe Tegtmeyer show Tesla is moving forward quickly in terms of its progress in producing the new Model Y Performance.
The vehicle is being spotted more frequently at the factory located just outside of Austin, with what appears to be the first units rolling out to outbound lots:
In case you missed the news, Giga Texas has begun Model Y Performance production. Now all variants of the Model Y (except the China-only YL) are built in Texas. pic.twitter.com/AOOB9jtLwN
— Joe Tegtmeyer 🚀 🤠🛸😎 (@JoeTegtmeyer) November 6, 2025
In the United States, Tesla unveiled the Model Y Performance on September 30, the newest iteration of the fastest trim level of the best-selling car in the world for the past two years. It was launched on the very last day of the $7,500 electric vehicle tax credit in the United States.
It featured a handful of performance improvements, including a 0-60 MPH acceleration rate of 3.3 seconds, a trim from the 3.5 seconds the 2025 version offered.
Additionally, the range has gone from 277 miles to 308 miles, a notable improvement in terms of how far it can travel on a charge.
There are also a handful of hardware changes that Tesla made to improve its aerodynamic performance, which all likely can be attributed to the boost in speed and acceleration, as well as range.
The vehicle was initially launched in Europe, which was not surprising, especially as Tesla was testing the new Performance trim at the famed Nurburgring in Germany.
Deliveries are currently slated for late November, but some orders are getting projections of mid-December for their Model Y Performance, which would help Tesla bolster its end-of-year delivery figures and follow up on an extremely bullish finish to Q3, which was the company’s strongest performance in history.
Elon Musk
Twitter co-founder Jack Dorsey endorses Elon Musk Tesla pay package
Dorsey framed the pay package as an engineering and governance crossroads for Tesla.
Twitter co-founder and Square CEO Jack Dorsey has publicly backed Elon Musk’s leadership ahead of Tesla’s pivotal shareholder vote, which is expected to be decided later today at the company’s 2025 annual meeting.
Dorsey framed the pay package as an engineering and governance crossroads for Tesla.
Dorsey’s public nod framed as an engineering defense of Musk
In a post on X, Dorsey weighed in on Tesla’s post about being in a “critical inflection point.” As per the Twitter-co-founder, the vote on Musk’s 2025 performance award is not about compensation. Instead, it’s about ensuring the path for the company’s engineering in the coming years.
“This is not about compensation. it’s about ensuring a principled (and exciting!) engineering approach to the company’s future,” Dorsey wrote on his post, later stating that users of Cash app with TSLA shares would be able to vote for the CEO’s proposed 2025 performance award.
Elon Musk appreciated Dorsey’s endorsement, responding to the Twitter co-founder’s post with a heart emoji. Musk has been pretty thankful for the support for is fellow tech executives, also thanking Michael Dell recently, who also advocated for its proposed 2025 performance award.
Musk’s support
While Elon Musk’s 2025 performance award has received opposition from proxy advisors such as Glass Lewis and ISS, it has received quite a lot of support from longtime bulls such as ARK Invest, and, more recently, Schwab Asset Management following calls from TSLA retail shareholders.
“Schwab Asset Management’s approach to voting on proxy matters is thorough and deliberate. We utilize a structured process that focuses on protecting and promoting shareholder value. We apply our own internal guidelines and do not rely on recommendations from Glass Lewis or ISS. In accordance with this process, Schwab Asset Management intends to vote in favor of the 2025 CEO performance award proposal. We firmly believe that supporting this proposal aligns both management and shareholder interests, ensuring the best outcome for all parties involved,” Charles Schwab told Teslarati.
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