Tesla has launched the capability for direct integration with DIMO, a decentralized connected car app that lets users connect to networks like vehicle fleets and earn rewards.
DIMO announced the direct integration with Tesla’s vehicles in a press release on Tuesday, set to let Tesla owners manage permissions with their data, connect to vehicle fleet networks, and earn rewards for sharing data directly through the app. Tesla is the first major automaker to enable such an integration, and the company already has 20,000 Tesla vehicles and a total of 109,000 vehicles integrated with the DIMO platform.
In a statement to Teslarati, DIMO Co-Founder Alex Rawitz pointed to Tesla’s approach to opening developer platforms as a good one, noting that platform openness and user choice are worth prioritizing.
“Connected services have not been the goldmine that the auto industry expected,” Rawitz said. “One of the reasons for that has been underwhelming developer platforms that don’t put users first. Tesla is certainly bringing the industry in the right direction by making their platform more open and giving users choice with what apps they can enable for their car.”
📣This is BIG… @Tesla has enabled a direct integration with DIMO, the first automaker to do so. Tesla continues to lead the way by officially supporting robust connections with open mobility platforms. pic.twitter.com/LJDot2IkTN
— DIMO (@DIMO_Network) August 27, 2024
“Where many automakers struggle with issues of security, privacy, and openness, Tesla continues to lead the way by officially supporting robust connections with open mobility platforms,” DIMO writes in the release. “Tesla drivers will now be able to seamlessly manage their connection to DIMO via their Tesla app or infotainment system and continue earning rewards for simply having their vehicle connected to the network.”
To sign up, Tesla owners simply need to download the DIMO app and connect their vehicles to the network here, where they can toggle data permissions and earn money for staying connected. You can learn more about the program on DIMO’s website here.
Tesla vehicles that are already on the DIMO platform will need to upgrade their connection by October 31. The connected car app developer notes that the deal will offer owners “fine-grained permission control,” along with access to advanced widgets for car health, and additional capabilities such as remotely unlocking the trunk, opening the doors, and more.
“The connected car experience will be as personalized as your phone,” Rawitz also explained in a Tuesday post on X. “Lot’s of companies trying to make that happen, only one project aiming to do it decentralized.”
Tesla adopting direct integration with the platform is also a huge step, as other automakers could follow in opening up their codebases for integration with third-party platforms like DIMO.
In a conversation with Teslarati in June, fellow DIMO Co-Founder explained how the app adds additional layers for vehicle owners in controlling their own data, even with regards to competition in the used auto market.
“You really want to be in a situation where, if you control your data, not only can you in some cases monetize that, but if you’re bringing that data to a transaction with an insurance company, or with the used car market, to these really big transactions that people make all the time, you’re gonna get a better deal most of the time,” Chatham explained. “And you can at least choose whether you’re going to include that data in the deal or not.”
Updated 8/28/24: Added paragraph three and initial quote from DIMO Co-Founder Alex Rawitz.
Survey shows that 96% of consumers want to own their vehicle data
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Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
Elon Musk’s xAI closes upsized $20B Series E funding round
