

News
Tesla Model X awarded 5-star safety rating in every category by NHTSA
Just a few short hours after we posted the cringeworthy crash test videos of the Tesla Model X, Tesla confirmed through a company blog post that the Model X has officially been awarded a 5-star safety rating by the National Highway Transportation Safety Administration (NHTSA) in every safety category.
The NHTSA updated its website to show the official 2017 Tesla Model X safety rating which reveals a perfect overall safety score, making it the safest SUV possible as ranked by the administration. Tesla notes that the Model X achieved the best safety results achieved by any SUV ever tested, and in fact achieved the second best safety results of any vehicle ever tested, right behind the Tesla Model S. One might recall that the Model S was so revolutionary when tested that it broke the testing machine.
The impressive safety results achieved by the Model X demonstrate another fundamental advantage of electric vehicles over vehicles with front-engine designs. The large crumple zones found in the engine-less Model X provide superb crash protection by absorbing the force of an impact. In the event of a crash, occupants have a 93% probability of walking away from it without facing serious injury. Model X’s 5-star safety rating is a game changer for SUVs which are historically prone to rolling over due to their higher center of gravity.
Much like the Model S, the Model X achieved the best ever rollover results in its class due to the skateboard battery design which puts the 1,200 pound battery as low as possible in the vehicle. The battery serves to hold the vehicle to the ground, mitigating any potential for rollover that might exist in an accident.
We’ve provided the full announcement by Tesla below.
Tesla Model X the First SUV Ever to Achieve 5-Star Crash Rating in Every Category
We engineered Model X to be the safest SUV ever, and today, the National Highway Traffic Safety Administration (NHTSA) announced that after conducting independent testing, it has awarded Model X a 5-star safety rating in every category and sub-category, making it the first SUV ever to earn the 5-star rating across the board. More than just resulting in a 5-star rating, the data from NHTSA’s testing shows that Model X has the lowest probability of injury of any SUV it has ever tested. In fact, of all the cars NHTSA has ever tested, Model X’s overall probability of injury was second only to Model S.
Model X performs so much better in a crash than gas-powered SUVs because of its all-electric architecture and powertrain design. The rigid, fortified battery pack that powers Model X is mounted beneath the floor of the vehicle creating a center of gravity so low that Model X has the lowest rollover probability of any SUV on the road. No other SUV has ever come close to meeting and exceeding this rollover requirement.
NHTSA’s tests assess both the structure of the vehicle, which must minimize intrusion into the cabin and absorb as much energy as possible, and also the seatbelt and airbag restraint system, which must maximize injury mitigation in the event of a crash. Among the nine subcategories rated by NHTSA, including frontal impact, side impact, and pole impact tests conducted on both the driver and passenger side as well as the rollover test, Model X achieved 5-stars in every category and sub-category. That means that in the event of a serious crash, Model X occupants have an overall 93% probability of walking away without a serious injury – a testament to our commitment to building the safest cars on today’s roads.
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. Other popular SUVs that bowed to the Model Y in May include the Toyota RAV4 and the Honda CR-V, as well as affordable vehicles like the Toyota Corolla Cross.
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 EV sales, including 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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