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Tesla Top 5 Week in Review: TSLA surge, 0-60 mph 2.05 sec, neural nets, and more
Tesla has been in the news a lot this week, as usual, but the biggest headlines surrounded its unexpectedly strong stock market performance. Another event that made the Tesla crowd happy was the release of a new over-the-air software update which removed a power limiting safety feature. In a related story, a team of creative folks reverse engineered the maximum theoretical acceleration of a car; if you didn’t read this story, you’ll be amazed what they found out. Tesla CEO Elon Musk was a featured speaker in the UAE at the World Summit, which coincided with Tesla’s entrance into that market. And Musk also offered some fascinating insights about artificial intelligence and what the future might look like if humans don’t stay current with AI’s potential. Here are those stories.
Tesla (TSLA) shares surge across 52-week high as Model 3 production takes stage
Over a six month period, Tesla shares rose by nearly 25% and traded this week above $280. This is within grasp of the company’s all-time high, with a market cap that has grown by $10 billion. Investors have begun to give more weight to Tesla’s highly anticipated Model 3, which is slated to begin production on February 20. Development and planned timeline launch for the Model 3 look good and are critical to Tesla’s continued success moving forward. If all goes as hoped, the vehicle will help take the company from producing about 100,000 cars annually today to 500,000 annually in 2018.
Tesla removes performance restrictions in latest software update
Tesla’s policy on limiting the power output of its performance vehicles due to frequency patterns of launch mode engagement and maximum power levels has ended. This week, the car manufacturer pushed a software update to its customers that removes power limiting on Performance variants of its Model S and Model X. Tesla continued to remind its customers that prudent habits can prevent premature wear of components due to high stress launches. Tesla confirmed that they will now “monitor the condition of the powertrain and display an alert if service is needed so we can take proactive steps, such as by replacing parts if necessary, to maintain the vehicle’s performance.”
Math says, Tesla’s “Maximum Plaid” mode could achieve 0-60 mph in 2.05 seconds
In this article scoop, Teslarati related how a group of really creative folks at Engineering Explained decided to reverse engineer the maximum theoretical acceleration that a Tesla Model S could achieve. The team worked somewhat counter-intuitively. They began by calculating the maximum deceleration first. Then they moved back up to acceleration, focusing on a stock Model S with stock tires. The result? Tesla’s next generation Roadster with “Maximum Plaid” mode may have the ability to accelerate from 0-60 mph in 2.05 seconds.
Elon Musk presents at the Tesla Launch Event in the UAE (Video)
Tesla CEO Elon Musk was a celebrity speaker at this week’s World Government Summit in Dubai. In his remarks, Musk noted, “We expect to invest tens of millions of dollars in the UAE for charging, service and support infrastructures. By next year, you’ll be able to travel anywhere in the GCC with an electric vehicle.” As he spoke about sustainability, Musk acknowledged that EV availability wouldn’t necessarily translate into immediate sales, as the region still considers fossil fuel-powered cars to be the preferred method of transportation. Following Musk’s visit, the UAE announced that it had ordered 200 Model S and Model X vehicles for use as a limousine service.
Elon Musk says human brains need to merge with AI to stay competitive with machines
As artificial intelligence technology improves, as some point humans will become irrelevant. That’s why we must learn to merge with machines, according to Tesla CEO Elon Musk, who explained some of his beliefs about the dangers of artificial intelligence this week. “I think we need to be very careful in how we adopt artificial intelligence and that we make sure that researchers don’t get carried away,” he stated. “Sometimes what will happen is a scientist will get so engrossed in their work that they don’t really realize the ramifications of what they’re doing.” Musk described how humans can mitigate those dangers through a type of merger of biological and machine intelligence, which he said would solve the problem of humans losing control over artificial intelligence.
Elon Musk
Tesla confirmed HW3 can’t do Unsupervised FSD but there’s more to the story
Tesla confirmed HW3 vehicles cannot run unsupervised FSD, replacing its free upgrade promise with a discounted trade-in.
Tesla has officially confirmed that early vehicles with its Autopilot Hardware 3 (HW3) will not be capable of unsupervised Full Self-Driving, while extending a path forward for legacy owners through a discounted trade-in program. The announcement came by way of Elon Musk in today’s Tesla Q1 2026 earnings call.
🚨 Our LIVE updates on the Tesla Earnings Call will take place here in a thread 🧵
Follow along below: pic.twitter.com/hzJeBitzJU
— TESLARATI (@Teslarati) April 22, 2026
The history here matters. HW3 launched in April 2019, and Tesla sold Full Self-Driving packages to owners on the understanding that the hardware was sufficient for full autonomy. Some owners paid between $8,000 and $15,000 for FSD during that period. For years, as FSD’s AI models grew more demanding, HW3 vehicles fell progressively further behind, eventually landing on FSD v12.6 in January 2025 while AI4 vehicles moved to v13 and then v14. When Musk acknowledged in January 2025 that HW3 simply could not reach unsupervised operation, and alluded to a difficult hardware retrofit.
The near-term offering is more concrete. Tesla’s head of Autopilot Ashok Elluswamy confirmed on today’s call that a V14-lite will be coming to HW3 vehicles in late June, bringing all the V14 features currently running on AI4 hardware. That is a meaningful software update for owners who have been frozen at v12.6 for over a year, and it represents genuine effort to keep older hardware relevant. Unsupervised FSD for vehicles is now targeted for Q4 2026 at the earliest, with Musk describing it as a gradual, geography-limited rollout.
For HW3 owners, the over-the-air V14-lite update is welcomed, and the discounted trade-in path at least acknowledges an old obligation. What happens next with the trade-in pricing will define how this chapter ultimately gets written. If Tesla prices the hardware path fairly, acknowledges what early adopters are owed, and delivers V14-lite on the June timeline it committed to today, it has a real opportunity to convert one of the longest-running sore subjects among early adopters into a loyalty story.
Elon Musk
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Tesla’s Optimus factory in Texas targets 10 million robots yearly, with 5.2 million square feet under construction.
Tesla’s Q1 2026 Update Letter, released today, confirms that first generation Optimus production lines are now well underway at its Fremont, California factory, with a pilot line targeting one million robots per year to start. Of bigger note is a shared aerial image of a large piece of land adjacent to Gigafactory Texas, that Tesla has prominently labeled “Optimus factory site preparation.”
Permit documents show Tesla is seeking to add over 5.2 million square feet of new building space to the Giga Texas North Campus by the end of 2026, at an estimated construction investment of $5 billion to $10 billion. The longer term production target for that facility is 10 million Optimus units per year. Giga Texas already sits on 2,500 acres with over 10 million square feet of existing factory floor, and the North Campus expansion is being built to support multiple projects, including the dedicated Optimus factory, the Terafab chip fabrication facility (a joint Tesla/SpaceX/xAI venture), a Cybercab test track, road infrastructure, and supporting facilities.
Credit: TESLA
Texas makes strategic sense beyond the existing infrastructure. The state’s tax structure, lower labor costs relative to California, and the proximity to Tesla’s AI training cluster Cortex 1 and 2, both located at Giga Texas and now totaling over 230,000 H100 equivalent GPUs, means the Optimus software stack and the factory producing the hardware will share the same campus. Tesla’s Q1 report also confirmed completion of the AI5 chip tape out in April, the inference processor designed specifically to power Optimus units in the field.
As Teslarati reported, the Texas facility is intended to house Optimus V4 production at full scale. Musk told the World Economic Forum in January that Tesla plans to sell Optimus to the public by end of 2027 at a price between $20,000 and $30,000, stating, “I think everyone on earth is going to have one and want one.” He has previously pegged long term demand for general purpose humanoid robots at over 20 billion units globally, citing both consumer and industrial use cases.
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a miss on vehicle deliveries for the first quarter, delivering 358,023 vehicles and building 408,386 cars during the three-month span.
As Tesla transitions more toward AI and sees itself as less of a car company, expectations for deliveries will begin to become less of a central point in the consensus of how the quarter is perceived.
Nevertheless, Tesla is leaning on its strong foundation as a car company to carry forward its AI ambitions. The first quarter is a good ground layer for the rest of the year.
Tesla Q1 2026 Earnings Results
Tesla’s Earnings Results are as follows:
- Non-GAAP EPS – $0.41 Reported vs. $0.36 Expected
- Revenues – $22.387 billion vs. $22.35 billion Expected
- Free Cash Flow – $1.444 billion
- Profit – $4.72 billion
Tesla beat analyst expectations, so it will be interesting to see how the stock responds. IN the past, we’ve seen Tesla beat analyst expectations considerably, followed by a sharp drop in stock price.
On the same token, we’ve seen Tesla miss and the stock price go up the following trading session.
Tesla will hold its Q1 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q1 2026 Earnings Call at 4:30pm CT https://t.co/pkYIaGJ32y
— Tesla (@Tesla) April 22, 2026
Tesla confirmed HW3 can’t do Unsupervised FSD but there’s more to the story
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
