News
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.
Lifestyle
Tesla makes the cut on California’s newest EV Rebate program
California just signed a $270 million EV rebate into law and it starts this summer.
California Governor Gavin Newsom signed SB 168 into law on Monday, July 13, 2026, creating a $270 million EV rebate program that delivers money directly at the dealership rather than as a tax credit applied months later. The program, called MyFirstEV, is funded equally by California’s state budget and participating automakers, with each contributing $135.5 million to make the math work.
The timing is directly tied to the loss of federal support when the $7,500 federal EV tax credit ended, removing the most significant consumer incentive that had driven EV adoption in the U.S. California, which accounts for roughly one-third of all EVs sold nationally, moved to fill that gap with a state-level replacement.
The rebate structure is straightforward. First-time EV buyers can receive $3,500 off any new battery-electric vehicle with an MSRP up to $50,000. Used EVs priced at $25,000 or below qualify for a $1,750 rebate. The credit is applied at the point of sale, which removes the friction of the old federal system where buyers had to wait for tax season to see the benefit. The program goes live later this summer, with the California Air Resources Board expected to release full participation details next month.
California hits Tesla Cybercab and Robotaxi driverless cars with new law
For Tesla buyers, the implications are mixed. The Tesla Model 3 RWD at $42,490 and the Model 3 Long Range at $47,490 both fall under the $50,000 cap and would qualify for the full $3,500 rebate for first-time buyers. The Model Y, which starts at $44,990 after Tesla’s recent price adjustment, also qualifies. The Model X, Model S, and Cybertruck all exceed the cap and receive no benefit. As Teslarati has reported, the program also includes a carve-out exempting California-based automakers like Rivian and Lucid from the price cap entirely, a provision that puts Tesla at a disadvantage since it relocated its headquarters to Texas in 2021.
Other qualifying vehicles include the Chevrolet Equinox EV, Ford Mustang Mach-E, Hyundai Ioniq 5, Kia EV6, and Volkswagen ID.4.
The Tesla Semi is entering a new Pilot Program with Paper Transport, LLC (PTI), a Wisconsin-based transportation provider. The company will test the Semi’s Long Range configuration through “dedicated operations within the Chicago market.”
Chicago presents an interesting challenge for the Semi, as it will be a colder-weather climate that will test the Semi’s ability to operate in lower temperatures and in potentially large accumulations of snow. This is something Tesla has been testing with the Semi in Alaska and even in Northern California during the colder months, but Chicago will present a truly tough midwestern winter.
Tesla Semi spotted on journey home after winter performance testing
PTI says it is using the Semi to evaluate its strategy of reducing transportation emissions while maintaining performance, reliability, and cost efficiency. These are major arguments for the Semi being introduced into new fleets.
CEO of PTI Tyler Ellison said:
“PTI has been a leader in sustainable transportation solutions for over 15 years. We take a consultative approach to helping customers identify and implement the right transportation solution for their network. Our partnership with Tesla expands our portfolio alongside renewable natural gas and intermodal, giving customers more ways to reduce Scope 3 emissions without compromising service or economics.”
PTI is far from the first company to adopt the Semi within a fleet, as Tesla entered strategic agreements with PepsiCo. and its subsidiary Frito-Lay for a Pilot Program that extended throughout the California region.
Tesla has let companies like those utilize the Semi to determine whether it would be suitable for their operations. Additionally, Tesla gets valuable information regarding the Semi’s performance, knowing what to improve and what is ideal for companies that will utilize the all-electric truck for regional and nationwide logistics.
PTI plans to utilize the Long Range configuration, which is priced at $290,000 and features a range of approximately 500 miles, a three-motor powertrain, up to 800 kW of drive power, and consumption of just 1.7 kWh per mile.
Tesla Semi pricing revealed after company uncovers trim levels
VP of Maintenance at PTI, Bryan Ellen, added:
“We are excited to partner with Tesla, leveraging their ever-evolving technology. We are bullish in our estimation of the parallels available between our dedicated model and the efficiency of their fully electric Class 8 tractor. We anticipate a growing synergy between our businesses as we work to facilitate this sustainable solution for our customers.”
PTI has logged more than 87 million miles using sources like compressed and renewable gas, but now is looking to take it a step further with fully electric operations.
Tesla revealed on Monday that it is building a new autonomous vehicle at Gigafactory Texas, its plant just outside of the City of Austin. This particular vehicle will be geared toward those who are in need of a wheelchair-accessible car that would require no human driver for operation.
According to a new report from Wired, Tesla’s Senior Policy Advisor, India Herdman, told members of the Washington D.C. City Council on Monday:
“We are in development for a purpose-built, wheelchair-accessible autonomous vehicle. We know that paratransit can be very difficult, and people who are confined to wheelchairs permanently should still be able to move around freely, so that is an active product being built by Tesla in Texas.”
This builds upon what CEO Elon Musk said last year on X, which confirmed the company was working on accessible rides within its Robotaxi platform, which currently is confined to the Model Y.
Absolutely
— Elon Musk (@elonmusk) September 19, 2025
Tesla is also developing the Cybercab, which started employee rides last week. However, this vehicle is not necessarily geared toward wheelchair accessibility.
That leaves a major gap in the autonomous ride-sharing program that Tesla is attempting to build; the company has been pretty clear that it does not want to complicate its manufacturing lines by bringing in a wide array of body styles.
However, it seems necessary to have something larger that could help transport people to appointments when they cannot drive. For wheelchair accessibility, the Robovan, which was unveiled at the “We, Robot” event in October 2024, seems to be the most ideal solution:
Herdman did not indicate whether she was referring to the Robovan or if Tesla is building yet another body style that is geared toward full autonomy but also caters to the handicapped.
Tesla might need to develop something specifically for the handicapped in order to align with the Americans with Disabilities Act, which prevents discrimination against people with disabilities in transportation services. Uber was hit with a lawsuit late last year for “refusing to reasonably modify its policies, practices, or procedures where necessary to avoid discriminating against riders with disabilities.”
Tesla would obviously like to avoid this.
It will be interesting to see what Tesla will do with this project, and whether it will introduce something new to the market or just continue with the Robovan.
Tesla makes the cut on California’s newest EV Rebate program
Tesla Semi enters new Pilot Program with interesting challenge
