News
Tesla Model Y taxi service might be required to buy gas cars before it can deploy EV fleet
Revel, a startup that unveiled its plans to launch a Tesla Model Y-based rideshare service in New York back in April, recently met a rather bizarre roadblock — one that could result in the company actually buying 50 gas cars before it could deploy its EV fleet.
The aspiring Model Y taxi service expected to win approval for its operations in the city because a 2018 cap on new rideshare and taxi vehicles included exemptions for electric vehicles, as well as cars that are accessible to handicapped individuals. The TLC later noted that it was pondering the elimination of the EV exemption, citing traffic concerns and congestion.
On Monday, June 21, the New York TLC issued a notice stating that it had voted to stop issuing new for-hire licenses for electric vehicles. There was a catch to the TLC’s notice, however, as the commission noted that “A public hearing was held virtually by the TLC and the rule was adopted by the Commission at the June 22, 2021 Commission meeting.”
That’s right. The New York TLC posted a notice stating that it had made a decision in a meeting that has not happened yet.
Allan Fromberg, a spokesperson for the New York TLC, simply noted that posting a final version of a planned rule change online is required by the City Administrative Procedure Act. He also dismissed concerns that the commission had already made a decision, citing issues about the past tense used in the notice as a “red herring.”
Interestingly enough, New York TLC Chair Aloysee Heredia Jarmoszuk, during an interview with the New York Post last week, stated that the agency would not bar Revel of any similar companies from entering the rideshare market in the city. She also stated that if Revel does face an unfavorable ruling, the aspiring Model Y taxi service could still launch its EV taxis if it bought 50 gas-powered vehicles, took them out of service, and replaced them with Teslas instead.
“Just because a car is electric doesn’t mean that adding more cars and more congestion is good for the environment. This is a simple math issue. This is not about targeting a group or saying you can’t enter the marketplace or we don’t like you,” she said.
Revel CEO Frank Reig, however, expressed his disapproval of such a suggestion. In a statement to the media outlet, Reig noted that requiring Revel to purchase gas cars to launch an electric taxi fleet would be the “very definition of limiting market competition.” He also stated that he is confident the company’s Model Y taxis would hit New York’s streets.
“We are going to be on the streets because we know the law is completely on our side. Never in Revel’s history have we operated illegally,” he said.
It’s not just the Revel CEO who has expressed his reservations about the TLC’s notice. Arthur Goldstein, a former city council legal staffer, remarked that the commission’s use of past tense for a meeting that’s yet to happen “makes no sense.” If they’re using a phrase like ‘was adopted’ and it’s being published today, it is just not accurate. Anyone reading it would think, ‘This is a done deal. Why should I even put forth an argument to change it?’” he said.
Bruce Schaller, a transportation expert and former staffer at the TLC and Department of Transportation, had similar misgivings, noting that the TLC’s notice was simply bad optics. “It looks bad. They should not finalize the rule until they’ve had the hearing and heard from the public. It makes you very suspicious. You just intuit that there’s a rationale behind this that’s been kept invisible and you don’t know what it is,” he said.
Do you have anything to share with the Teslarati Team? We’d love to hear from you, email us at tips@teslarati.com.
News
Tesla China registrations hit 20.7k in final week of June, highest in Q2
The final week of June stands as the second-highest of 2025 and the best-performing week of the quarter.
Tesla China recorded 20,680 domestic insurance registrations during the week of June 23–29, marking its highest weekly total in the second quarter of 2025.
The figure represents a 49.3% increase from the previous week and a 46.7% improvement year-over-year, suggesting growing domestic momentum for the electric vehicle maker in Q2’s final weeks.
Q2 closes with a boost despite year-on-year dip
The strong week helped lift Tesla’s performance for the quarter, though Q2 totals remain down 4.6% quarter-over-quarter and 10.9% year-over-year, according to industry watchers. Despite these declines, the last week of June stands as the second-highest of 2025 and the best-performing week of the quarter.
As per industry watchers, Tesla China delivered 15,210 New Model Y units last week, the highest weekly tally since the vehicle’s launch. The Model 3 followed with 5,470 deliveries during the same period. Tesla’s full June and Q2 sales data for China are expected to be released by the China Passenger Car Association (CPCA) in the coming days.
Tesla China and minor Model 3 and Model Y updates
Tesla manufactures the Model 3 and Model Y at its Shanghai facility, which provides vehicles to both domestic and international markets. In May, the automaker reported 38,588 retail sales in China, down 30.1% year-over-year but up 34.3% from April. Exports from Shanghai totaled 23,074 units in May, a 32.9% improvement from the previous year but down 22.4% month-over-month, as noted in a CNEV Post report.
Earlier this week, Tesla introduced minor updates to the long-range versions of the Model 3 and Model Y in China. The refreshed Model 3 saw a modest price increase, while pricing for the updated Model Y Long Range variant remained unchanged. These adjustments come as Tesla continues refining its China lineup amid shifting local demand and increased competition from domestic brands.
Elon Musk
Tesla investors will be shocked by Jim Cramer’s latest assessment
Jim Cramer is now speaking positively about Tesla, especially in terms of its Robotaxi performance and its perception as a company.
Tesla investors will be shocked by analyst Jim Cramer’s latest assessment of the company.
When it comes to Tesla analysts, many of them are consistent. The bulls usually stay the bulls, and the bears usually stay the bears. The notable analysts on each side are Dan Ives and Adam Jonas for the bulls, and Gordon Johnson for the bears.
Jim Cramer is one analyst who does not necessarily fit this mold. Cramer, who hosts CNBC’s Mad Money, has switched his opinion on Tesla stock (NASDAQ: TSLA) many times.
He has been bullish, like he was when he said the stock was a “sleeping giant” two years ago, and he has been bearish, like he was when he said there was “nothing magnificent” about the company just a few months ago.
Now, he is back to being a bull.
Cramer’s comments were related to two key points: how NVIDIA CEO Jensen Huang describes Tesla after working closely with the Company through their transactions, and how it is not a car company, as well as the recent launch of the Robotaxi fleet.
Jensen Huang’s Tesla Narrative
Cramer says that the narrative on quarterly and annual deliveries is overblown, and those who continue to worry about Tesla’s performance on that metric are misled.
“It’s not a car company,” he said.
He went on to say that people like Huang speak highly of Tesla, and that should be enough to deter any true skepticism:
“I believe what Musk says cause Musk is working with Jensen and Jensen’s telling me what’s happening on the other side is pretty amazing.”
Tesla self-driving development gets huge compliment from NVIDIA CEO
Robotaxi Launch
Many media outlets are being extremely negative regarding the early rollout of Tesla’s Robotaxi platform in Austin, Texas.
There have been a handful of small issues, but nothing significant. Cramer says that humans make mistakes in vehicles too, yet, when Tesla’s test phase of the Robotaxi does it, it’s front page news and needs to be magnified.
He said:
“Look, I mean, drivers make mistakes all the time. Why should we hold Tesla to a standard where there can be no mistakes?”
It’s refreshing to hear Cramer speak logically about the Robotaxi fleet, as Tesla has taken every measure to ensure there are no mishaps. There are safety monitors in the passenger seat, and the area of travel is limited, confined to a small number of people.
Tesla is still improving and hopes to remove teleoperators and safety monitors slowly, as CEO Elon Musk said more freedom could be granted within one or two months.
News
Tesla launches ultra-fast V4 Superchargers in China for the first time
Tesla has V4 Superchargers rolling out in China for the first time.
Tesla already has nearly 12,000 Supercharger piles across mainland China. However, the company just initiated the rollout of the ultra-fast V4 Superchargers in China for the first time, bringing its quick-charging piles to the country for the first time since their launch last year.
The first batch of V4 Superchargers is now officially up and running in China, the company announced in a post on Chinese social media outlet Weibo today.
The company said in the post:
“The first batch of Tesla V4 Superchargers are online. Covering more service areas, high-speed charging is more convenient, and six-layer powerful protection such as rain and waterproof makes charging very safe. Simultaneously open to non-Tesla vehicles, and other brands of vehicles can also be charged. There are more than 70,000 Tesla Superchargers worldwide. The charging network layout covers 100% of the provincial capitals and municipalities in mainland China. More V4 Superchargers will be put into use across the country. Optimize the charging experience and improve energy replenishment efficiency. Tesla will accompany you to the mountains, rivers, lakes, and seas with pure electricity!”
The first V4 Superchargers Tesla installed in China are available in four cities across the country: Shanghai, Zhejiang, Gansu, and Chongqing.
Credit: Tesla China
Tesla has over 70,000 Superchargers worldwide. It is the most expansive and robust EV charging network in the world. It’s the main reason why so many companies have chosen to adopt Tesla’s charging connector in North America and Europe.
In China, some EVs can use Tesla Superchargers as well.
The V4 Supercharger is capable of charging vehicles at speeds of up to 325kW for vehicles in North America. This equates to over 1,000 miles per hour of charging.
Tesla China registrations hit 20.7k in final week of June, highest in Q2
Tesla investors will be shocked by Jim Cramer’s latest assessment
Tesla launches ultra-fast V4 Superchargers in China for the first time
-
News6 days agoTesla Robotaxi’s biggest challenge seems to be this one thing
-
News2 weeks agoTesla confirms massive hardware change for autonomy improvement
-
Elon Musk13 hours agoTesla investors will be shocked by Jim Cramer’s latest assessment
-
Elon Musk2 weeks agoElon Musk slams Bloomberg’s shocking xAI cash burn claims
-
News2 weeks agoTesla China roars back with highest vehicle registrations this Q2 so far
-
News2 weeks agoTesla features used to flunk 16-year-old’s driver license test
-
News2 weeks agoTexas lawmakers urge Tesla to delay Austin robotaxi launch to September
-
News2 weeks agoTesla dominates Cars.com’s Made in America Index with clean sweep