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Tesla (TSLA) shares surge over 11% amidst news of Musk’s China visit

Credit: Tesla Asia/X

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Tesla shares (NASDAQ:TSLA) saw a lot of momentum on Monday’s pre-market amidst news surrounding CEO Elon Musk’s unannounced trip to Beijing, China. Musk met with a number of high-profile officials during his visit, and later reports suggested that Tesla had partnered with internet giant Baidu, possibly as a strategy to help pave the way for the launch of Full Self-Driving (FSD) in China. 

Musk’s unannounced China trip was quick, with the CEO, accompanied by Tesla executives Tom Zhu and Grace Tao, meeting China Council for the Promotion of International Trade (CCPIT) Chairman Ron Hongbin just hours after he landed in the country. Later videos posted by Chinese media showed that Musk also met with Premier Li Qiang

Reports later emerged stating that Tesla China had entered into a partnership with Baidu for lane mapping and navigation data. With the partnership in place, Tesla China would be able to use the internet giant’s mapping license for data collection on China’s public roads, as noted in a Reuters report. The China Association of Automobile Manufacturers also noted that Tesla, along with other notable automakers like BYD, have cleared all data processing requirements in the country. 

These updates suggested that Tesla may be closing in on launching FSD to the Chinese automotive market. And so far, it appears that TSLA investors are appreciating the developments. As of writing, TSLA shares are trading +11.48% at $187.64 per share on Monday’s premarket. 

Tesla China has been quite silent about the matter, with the EV maker simply stating that “there is currently no timetable for FSD to enter China.” That being said, Musk’s visit, together with the Baidu deal and the announcement from the China Association of Automobile Manufacturers, seem to point to the idea that Tesla is about to launch its FSD system to the domestic Chinese market. 

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China is home to the world’s largest and most competitive market for electric vehicles. Thus, systems like FSD could provide Tesla with an edge that few of its rivals could match. The size of Tesla’s fleet in China should also help provide the company with a substantial volume of training data for FSD and the company’s autonomous driving program. 

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla is building a new UFO-inspired Supercharger in the heart of Alien country

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Credit: MarcoRP | X

Tesla is planning to build a new UFO-inspired Supercharger in the heart of Alien country — Roswell, New Mexico.

Back in 1947, a crash of debris led to rumors of an alleged crash of a UFO just 75 miles north of Roswell near Corona, New Mexico. The crash was officially noted as the recovery of a military balloon, but over the years, speculation persists that the “flying disc” many saw might have been extraterrestrials trying to make contact with Earth.

As a result of the 1947 crash, Roswell has adopted it and used it as the inspiration for much of its tourism. As Tesla is planning to build a Supercharger in the area, it is using the same sort of inspiration for the location, which will feature just eight charging stalls located under a CyberCanopy.

It was first spotted by MarcoRP, a noted Supercharger permit insider:

Here are some better pictures of the design:

Tesla’s Head of Charging for North America, Max de Zegher, confirmed that the site will be inspired by the events near Roswell in 1947. He noted that Tesla “wants to build a few Superchargers cool enough to be worth of the trip itself.”

This will undoubtedly be one of those locations, and along with the Tesla Drive-in Diner Supercharger in Santa Monica, it seems the company could be moving toward some more unique designs for the future, making the charging experience more fun and interesting for owners:

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This Tesla vandal caused thousands in damage, but she was let off the hook: Here’s why

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Credit: Tesla

A Tesla vandal in Bloomington, Minnesota, caused $3,200 in damages to a car after keying it. However, the local police department, as well as the owner of the Tesla, let her off the hook.

As a Tesla sat in the parking lot of a Cub Foods grocery store, it was damaged in an act of vandalism that we are unfortunately seeing all too frequently. Police managed to locate the woman responsible for the damage, aiming to hold her responsible for the scrapes she applied to the vehicle.

However, in an act that many might not be able to perform, the owner of the Tesla did not want to pursue any criminal charges. Instead, they just wanted their car fixed.

Police Chief Booker Hodges said (via Minnesota Star Tribune):

“The victim in this case just wanted their car fixed, and they just wanted the suspect to pay for that. Based on the totality of the circumstances here, and along with our core value of being compassionate, this is the best outcome for everybody involved in this case.”

It was an incredible act of forgiveness, as many of those who have had their Teslas damaged in response to CEO Elon Musk likely would not have been able to do the same thing. One person who had their vehicle keyed filed a civil lawsuit against the vandal, who damaged their car while it was parked at Dallas-Fort Worth International Airport, seeking $1 million in damages.

Chief Hodges finished his remarks about this specific situation by calling out the leaders who have spread a hateful narrative about Musk and Tesla, and the company’s vehicle owners as well:

“We need our leaders to start leading and stop feeding this rhetoric. People should be able to drive whatever car they want without fear of going into a store and someone scratching their car or people yelling at them because of the car that … they choose to drive. It’s time for all of us, you know, just to start getting along and knock this stuff off, man. People should be able to be left alone.”

While Chief Hodges did not mention anyone specifically, Minnesota politician and former VP candidate Tim Walz said earlier this month that he “gets a boost” when Tesla stock falls. He later retracted his statement by stating it was just a joke.

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Tesla Model Y tops Norway sales despite low Q1 delivery results

The new Model Y ended March as Norway’s top-selling vehicle for the month, with 1,819 units sold.

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Credit: Tesla China

Tesla did not meet delivery expectations in the first quarter of 2025, and a huge reason behind this was the changeover to the new Model Y in Giga Texas, the Fremont Factory, Giga Shanghai, and Giga Berlin.

Despite Tesla’s disappointing Q1 vehicle delivery results, the new Model Y still made a significant impact in key markets such as Norway.

The new Model Y’s Norway Comeback

While sales of the new Model Y in January and February were low in Norway, the vehicle saw a lot of momentum as soon as deliveries of the updated all-electric crossover started. This resulted in the new Model Y ending March 2025 as Norway’s top-selling vehicle for the month, with 1,819 units sold.

Over the course of Q1 2025, Tesla was able to sell a total of 2,792 Model Y units. That was enough to also make the all-electric crossover Norway’s best-selling vehicle in the first quarter. This is quite an impressive feat for Tesla, especially since sales were throttled during the quarter due to the company’s changeover to the new Model Y.

Source: Elbilstatistikk

Tesla in Other European Markets

Tesla’s results in Europe during the first quarter were a mixed bag. In Germany alone, Tesla saw 4,935 vehicles sold in Q1 2025. As per the German road traffic agency KBA, Tesla’s sales in March dropped 42.5% to 2,229 units year-over-year. This was despite overall EV registrations rising 35.3% during the month. 

In Italy, new vehicle registrations rebounded 51% in March from the previous year to 2,217 units, as per data from the Transport Ministry. This is still quite impressive considering that Tesla has become a very polarizing carmaker in Europe, thanks in no small part to CEO Elon Musk’s politics and close relation to U.S. President Donald Trump.

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