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Tesla owners give back to local communities for the Holidays
Tesla owners all across the nation found ways to help their local communities this holiday season. The holidays are tough on families in need, and the kindness of caring strangers often helps make the season a bit brighter and merry for those families who are struggling.
In New York, the Tesla Owners Club of New York State held its third annual toy drive outside of Gigafactory New York. The Police Athletic League of Buffalo, a 501(c)(3) nonprofit organization providing the youth with various programs, participated.
#Buffalopal youth were thrilled to be the guests of the Tesla Owners club New York State 3rd annual toy drive outside #GigaNY
Thank you to @TOCNYS members for spreading joy this holiday season to our Youth! #supportyouth #teslacares #manythanks #seasonofgiving pic.twitter.com/OrvSszcAFm— PoliceAthleticLeague (@PalBuffalo) December 11, 2022
John P. Weiksnar John Weiksnar said it was a success and credited the Tesla staff and the nonprofit for coordinating. In November, the New York Tesla Club also collected 255 pounds of nonperishable food and hygiene items for FeedMore WNY, which was once two separate nonprofits that merged into one. Initially, it was Meals on Wheels for Western New York and the Food Bank of Western New York.
@elonmusk Our third annual #TOCNYS toy drive outside #GigaNY on 12/10/2022 was a total success! Many thanks to Tesla staff & @PalBuffalo for coordinating, and to @TOCNYS members for morphing frunks full of toys into instant smiles. . . . pic.twitter.com/LrJxjKe56n
— John P. Weiksnar (@jpw1116) December 11, 2022
On the other side of the country, The Tesla Owners Club of San Joaquin Valley held a toy drive for Toys For Tots at Kettleman City, California.
Our 3rd #teslatoydrive with @ToysForTots_USA is coming up Dec 3rd at Kettleman, I sincerely hope you can make it. #Tesla $TSLA pic.twitter.com/QZucVTAawf
— TOC San Joaquin Valley (@SjvTesla) November 27, 2022
The Tesla Owners of Silicon Valley Club held its holiday toy drive and block party at Palo Alto Firestation #2. This was their second annual holiday drive in partnership with the Palo Alto Fire and Police Departments, which closed off the street for the event.
.@PaloAltoPolice @PaloAltoFire holiday toy drive is happening. @elonmusk @tesla pic.twitter.com/Rlc5UEde4U
— Tesla Owners Silicon Valley (@teslaownersSV) December 17, 2022
The Tesla Owners Club of East Bay Fremont held a toy drive that benefited Toys for Tots. The club had its own version of Santa Mode with cargo vans filled with donations to the charity. In a statement to Teslarati, the Tesla Owners Club of East Bay Fremont said:
“Seeing the consistency in which the Tesla community comes together every year to give back to those in need, is inspiring. Saving the planet and making life on it better can be one and the same.”
As the Holiday 🎄🎅🏼 season commences, on behalf of our @Tesla club, from Fremont to the 🌍: Happy Holidays. This was our own version of Santa Mode. Cargo Vans full of gifts! Santa photos for all! So proud to do our part in spreading cheer 🎁 in partnership with @ToysForTots_USA pic.twitter.com/GOclFP0FL8
— Tesla East Bay Fremont (@TeslaOwnersEBay) December 23, 2022
In Ohio, the Tesla Owners Club of Columbus raised funds to support Nationwide Children’s Hospital, which has helped some of its club members and the community. Club member Doug Sherwood shared his story.
“Eight years ago, my son was born six and a half weeks early. He was born at four pounds and six ounces. Children’s Hospital took care of him–24/7 care–and helped us feel comfortable holding him and caring for him.”
Our club is raising funds to support @nationwidekids – they've personally helped some of our members' families, and support many more in our community.
Please consider donating to support our toy drive this year – all proceeds go directly to Nationwide Children's hospital! pic.twitter.com/bY2nsqAOmn— Tesla Owners Columbus, OH (@TeslaOwnersCbus) December 2, 2022
Disclosure: Johnna is a $TSLA shareholder and believes in Tesla’s mission.
Your feedback is welcome. If you have any comments or concerns or see a typo, you can email me at johnna@teslarati.com. You can also reach me on Twitter at @JohnnaCrider1.
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Tesla gives its biggest signal yet that Cybercab launch is imminent
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
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Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
News
Tesla faces Full Self-Driving pushback in EU over ‘speeding’
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.