A Tesla Semi prototype was spotted in transport, presumably, after having completed several weeks of winter testing near its cold-weather testing facility outside of Delta Junction, Alaska.
Various sightings of the Tesla Semi from over the weekend suggest that the all-electric semi-truck was making its way down the western seaboard of the United States from Washington, through Oregon, and back to its Fremont, California test facility.
Video captures of a Tesla Semi being transported on the back of a semi-trailer shows the prototype’s salt-covered exterior as it makes its way back from cold-climate performance testing under snowy conditions.
Tesla Semi have done some #SosialDistancing @elonmusk hardcore testing? pic.twitter.com/keqweQ6GSh
— John D. (@Real_John_D) March 23, 2020
In January, Tesla noted in an email communication to Semi-truck reservation holders that the truck was undergoing hazard testing at its test facility in Fremont, California.
“Over the last few months, we have continued testing the trucks in real world conditions. We also spent time at a proving ground to evaluate the truck’s resilience over rougher road conditions. Using instruments mounted on the vehicle, we collected road input data to ensure the trucks can handle severely degraded roads. At our own Fremont test facility, we subjected the trucks to a number of high energy, discreet events such as curb strikes, pot holes, and other harsh inputs to confirm the truck is capable of handling common hazards.”
In the same communication, the company indicated that Tesla Semi has already completed “important engineering development checkpoints” and would be rolling out more “production-representative vehicles” vehicles in 2021.
Ahead of planned production, Tesla Semi would undergo several weeks of winter testing. The company has an extreme cold testing facility in Alaska where its vehicles, including the Tesla Model S and Model 3, undergo intense winter testing.
“In the short term, the team is gearing up for several weeks of winter testing to validate the truck’s performance in cold weather and low traction conditions. We are excited to share insights from the winter with you, as we will be able to highlight the major advantages of electric traction and motor control, which no diesel powertrain can match,” said the company in an email to a Tesla Semi reservation holder.
Actually I re-read the letter it says they will have limited volume production 2nd qtr of 2020. pic.twitter.com/A2hTYyTVdz
— chris (@chris31402370) January 9, 2020
Tesla has not confirmed where Semi-truck production will take place, only noting in its fourth-quarter earnings update letter that the facility would be in North America.
CEO Elon Musk indicated in the Q4 earnings call that Tesla Semi would be initially produced in limited quantity as the company focused efforts on increasing battery production capacity. Given the size of the all-electric truck and its energy needs, having a strong supply of battery cells is crucial to preventing a strain on supply for its consumer vehicles like the Model 3 and Model Y.
“So, the thing we’re going to be really focused on is increasing battery production capacity because that’s very fundamental because if you don’t improve battery production capacity, then you end up just shifting unit volume from one product to another and you haven’t actually produced more electric vehicles,” said Musk when asked about the Tesla Semi. “So, that’s part of the reason why we have not, for example, really accelerated production of the Tesla Semi because it does use a lot of cells and unless we’ve got a lot of battery cells available, then — and say like accelerating production of the Tesla Semi would then necessarily mean making pure Model 3 or Model Y cars. And so, we’ve got a really — make sure we get a very steep ramp in battery production and continue to improve the cost per kilowatt-hour of the batteries.”
A Tesla Semi was captured on Sunday, making its way down Interstate 5 in Olympia Washington, roughly 60 miles south of Seattle. Credit: Tvlog.
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
