

News
Tesla Model 3 finally gets a CHAdeMO quick charge adapter
Tesla is finally offering a CHAdeMO quick charge adapter for the Model 3 in its online store. The page for the accessory went live earlier today, giving Model 3 owners additional options for fast-charging outside of the Supercharger network and leverage the vast DC fast-charging network. With this update, Tesla’s existing lineup of vehicles, the Model S, Model X, and Model 3, are now all compatible with CHAdeMO’s expansive network of chargers.
Similar to the Supercharger Network, CHAdeMO is a quick charging method for battery electric vehicles. Proposed as a global industry standard in 2010 by a group of five Japanese automakers, CHAdeMO steadily grew into a network of 23,000 global charge points, which include 9,200 in Europe, 3,200 in North America, and 7,600 in Japan.
Tesla, for its part, has offered a CHAdeMO adapter for the Model S and Model X for years. When the Model 3 was released, it was widely assumed that the new sedan would be compatible with the CHAdeMO adapters of its larger siblings, but this was not the case. The EVgo Fast Charging Network confirmed this on Twitter.
Tesla, for its part, has shown indications that it is looking to bring CHAdeMO charging to the Model 3. A page for a CHAdeMO adapter that was supposedly compatible with the Model 3 briefly went live in the vehicle’s “adapters” section at Tesla’s online store last June, but the page was quickly updated to remove the item. Tesla has also maintained that its vehicles will eventually be capable of recharging their batteries using all “compelling” public quick charge networks, hinting further at CHAdeMO compatibility in the near future.
Tesla’s release of the Model 3’s CHAdeMO adapter comes as the electric car maker continues the international rollout of the Model 3. This could prove strategic in territories where CHAdeMO is popular, such as Japan. Having a CHAdeMO adapter ready for the Model 3’s upcoming deliveries in Japan ensures that customers in the Asian country could charge at the DC fast chargers without any issues.
Tesla’s Superchargers are arguably the gold standard when it comes to electric vehicle charging systems, and with the ongoing expansion of V3 chargers, the network is bound to become even more impressive and formidable. Despite this, the company has demonstrated a willingness to make its vehicles compatible with chargers outside its expansive, proprietary network.
This was shown in the company’s release of CCS adapters for the Model S and X in Europe, as well as CHAdeMO adapters for the two flagship vehicles. Tesla has also started rolling out Superchargers with both its proprietary connector and a CCS plug in Europe, in order to cater to the Model 3, which is being shipped with a CCS plug by default in the region.
Tesla’s CHAdeMO adapter for the Model 3, which retails for $450 each and is capable of charging at speeds of up to 50 kW, could be accessed here.
News
Tesla Model Y proudly takes its place as China’s best-selling SUV in May
The Model Y edged out competitors like the BYD Song Plus.

The Tesla Model Y claimed its position as China’s best-selling SUV in May, with 24,770 units registered, according to insurance data from China EV DataTracker.
The Model Y edged out competitors like the BYD Song Plus, which recorded 24,240 registrations, as well as Geely’s gasoline-powered Xingyue L, which took third place with 21,014 units registered, as noted in Car News China report.
Return To The Top
The Model Y’s return to the top of China’s SUV market follows a second-place finish in April, when it trailed the BYD Song Plus by just 684 units. Tesla China had 19,984 new Model Y registrations in April, while BYD had 20,668 registrations for the Song Plus.
For the first five months of 2025, Tesla sold 126,643 Model Ys in China, outpacing the Song Plus at 110,551 units and BYD’s Song Pro at 80,245 units. This is quite impressive as the new Tesla Model Y is still a premium vehicle that is significantly more expensive than a good number of its competitors.
Year-Over-Year Challenges
Despite its SUV crown, Tesla’s year-over-year performance in China is still seeing headwinds. May sales totaled 38,588 units, a 30% year-over-year decline. From January to May, Tesla delivered 201,926 vehicles in China, a 7.8% drop year-over-year. These drops, however, are notably affected by the company’s changeover to the new Model Y in the first quarter.
Exports from Tesla’s Shanghai Gigafactory also fell, with 90,949 vehicles being shipped from January to May 2025. This represents a decline of 33.4% year-over-year, though May exports rose 33% to 23,074 units.
China’s electric vehicle market, meanwhile, showed robust growth. Total NEV sales, which includes battery electric vehicles (BEVs) and plug-in hybrids (PHEVs), reached 1,021,000 units in May, up 28% year-over-year. BEV sales alone hit 607,000 units, a 22.4% increase.
Considering the fact that China’s BEV market is extremely competitive, the Tesla Model Y’s rise to the top of the country’s SUV rankings is extremely impressive.
News
Waymo temporarily halts service in select San Francisco and LA areas amid protests
The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations.

Waymo, Alphabet’s autonomous vehicle subsidiary, has suspended its driverless taxi operations in parts of Los Angeles and San Francisco amid violent protests linked to U.S. Immigration and Customs Enforcement (ICE) raids in the state.
The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations.
Waymo Catches Strays Amid Anti-ICE Protests
Protests erupted in Los Angeles and San Francisco in response to the Trump administration’s immigration raids, which ultimately resulted in California Governor Gavin Newsom calling the White House’s deployment of National Guard troops unconstitutional.
Amidst the protests, images and videos emerged showing several Waymo robotaxis being defaced and destroyed. At least five Waymo robotaxis ended up being caught in the crossfire, and at least one vehicle ended up being burned to the ground.
The incident resulted in the Los Angeles Police Department advising people to avoid downtown areas due to toxic fumes from the robotaxis’ burning lithium-ion batteries. As noted in a KRON4 report, Waymo ultimately halted service in affected areas “out of an abundance of caution.”
Robotaxi Sentiments
The cost of the attacks is notable. Each Waymo robotaxi is valued between $150,000 and $200,000, per a 2024 Wall Street Journal report. Interestingly enough, this is not the first time that Waymo’s robotaxis ended up on the receiving end of angry protesters. On February 24, a Jaguar I-PACE robotaxi was set ablaze and vandalized by a crowd in San Francisco. Videos taken at the time showed a mob of people attacking the vehicle.
Despite the recent attacks on its robotaxis, Waymo has stated it has “no reason to believe” its vehicles were specifically targeted during the protests, as per a report from The Washington Post. A company spokesperson also noted that some of the Waymo robotaxis that were defaced and destroyed during the violent demonstrations had been completing drop-offs near the protest zones.
Investor's Corner
xAI targets $5 billion debt offering to fuel company goals
Elon Musk’s xAI is targeting a $5B debt raise, led by Morgan Stanley, to scale its artificial intelligence efforts.

xAI’s $5 billion debt offering, marketed by Morgan Stanley, underscores Elon Musk’s ambitious plans to expand the artificial intelligence venture. The xAI package comprises bonds and two loans, highlighting the company’s strategic push to fuel its artificial intelligence development.
Last week, Morgan Stanley began pitching a floating-rate term loan B at 97 cents on the dollar with a variable interest rate of 700 basis points over the SOFR benchmark, one source said. A second option offers a fixed-rate loan and bonds at 12%, with terms contingent on investor appetite. This “best efforts” transaction, where the debt size hinges on demand, reflects cautious lending in an uncertain economic climate.
According to Reuters sources, Morgan Stanley will not guarantee the issue volume or commit its own capital in the xAI deal, marking a shift from past commitments. The change in approach stems from lessons learned during Musk’s 2022 X acquisition when Morgan Stanley and six other banks held $13 billion in debt for over two years.
Morgan Stanley and the six other banks backing Musk’s X acquisition could only dispose of that debt earlier this year. They capitalized on X’s improved operating performance over the previous two quarters as traffic on the platform increased engagement around the U.S. presidential elections. This time, Morgan Stanley’s prudent strategy mitigates similar risks.
Beyond debt, xAI is in talks to raise $20 billion in equity, potentially valuing the company between $120 billion and $200 billion, sources said. In April, Musk hinted at a significant valuation adjustment for xAI, stating he was looking to put a “proper value” on xAI during an investor call.
As xAI pursues this $5 billion debt offering, its financial strategy positions it to lead the AI revolution, blending innovation with market opportunity.
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