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Trump says he ‘has to be for electric cars’ because of Musk endorsement
Presidential candidate Donald Trump spoke at a rally in Georgia over the weekend, and while he maintained plans to end U.S. President Joe Biden’s electric vehicle (EV) “mandate,” he also added that he was a supporter of the technology as a result of his endorsement from Tesla CEO Elon Musk.
Trump held a rally in Atlanta, Georgia, on Saturday, during which he noted that he is supportive of EVs due to Musk officially endorsing him for president last month. Trump has gone back and forth on EVs over the last several weeks, and although Biden doesn’t formally have an “EV mandate,” Trump has doubled down on plans to end the mandate on his first day in office, if elected.
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President Joe Biden comes after Elon Musk following Trump endorsement
“She wants to get rid of gas-powered cars and replace them with all electric,” Trump said during the speech, referring to Democratic Presidential nominee Kamala Harris. “They don’t go far, they cost too much, they’re all made in China; other than that they’re fantastic, and I’m for electric cars.”
“I have to be, you know, because Elon endorsed me very strongly, Elon. So I have no choice,” Trump added.
The presidential candidate also went on to say he thought EVs should be a part of the market, though he emphasized that he thinks switching to only EVs was unwise, partially due to the cost of chargers.
“I’m for a small slice as a slice. You want to have every kind of a car imaginable,” Trump said. “You want to have gas-propelled cars, you want to have hybrids, you want to have every kind of a car imaginable. They want to go all electric, and there’s no way you can ever load them up. They call it loading them, you can’t load them.”
Trump also went on to allude to the amount of money that would need to be spent to install EV chargers in the “middle West,” where he says the country is going to have to spend $9 trillion. He then said that, for just eight chargers, it cost $9 billion, adding that that was a good deal.
The speech touched on several different subjects, and the EV comments came following Trump’s claims that he would “end the $100 trillion green new scam,” lower energy prices, and re-launch several drilling projects. He also detailed plan his apparent plans to build an iron dome over the entire country to protect against World War 3, which he says is “very close to happening.”
To be sure, the so-called “mandate” Trump was talking about doesn’t exist, though he’s likely referring to emissions standards set by Biden with the Environmental Protection Agency (EPA), requiring U.S. light-duty auto sales to reach a 67-percent market share of overall EVs by 2032, with that ratio required to meet 46 percent for medium-duty vehicles. The target is also aiming for about 50 percent of auto sales to be electric by 2030, in line with a goal Biden had set a few years earlier.
Another program that is thought to hang in the balance if Trump is elected is the $7,500 federal EV tax credit, which Trump and running mate J.D. Vance have vocally opposed in the past. Last year, Vance proposed a bill that would replace the $7,500 credit with one of the same amount for gas vehicles, additionally pointing to U.S. reliance on China for EVs and their materials.
You can watch the full rally below, with Trump’s statements about EVs taking place about 20 minutes in.
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Tesla released the Full Self-Driving v14 ‘Lite’ suite to owners of Hardware 3 or AI3 vehicles today, adding several new features to the vehicles that were once believed to be capable of unsupervised self-driving.
Now, Tesla has released this modified suite to older Tesla vehicles, adding plenty of new features and capabilities.
Here are the full release notes for the suite:
- Distilled the intelligence from HW4 V14 into HW3. This allows HW3 to directly learn how to handle scenarios using HW4 V14 as a guide. This process unlocks the improvements that have been made to HW4 including Reinforcement Learning (RL) and offline models for HW3.
- Improved both proactive and reactive responsiveness across a wide variety of categories including navigation handling, merges and forks, pedestrian interactions, traffic lights, and vehicle cut-in scenarios.
- Improved general comfort in nominal scenarios through fewer false slowdowns, smoother steering and more consistent lane centering.
- Introduced parking, unparking, and reversing capabilities.
- Added Arrival Options for you to select where FSD should park: in a Parking Lot, on the Street, in a Driveway, or at the Curbside.
- Speed Profiles are now available at all times, to further customize driving style preference.
These improvements, according to Tesla’s Head of AI, Ashok Elluswamy, help distill the driving behavior from AI4’s v14 series into both the camera and compute configurations of AI3.
Tesla Full Self-Driving v14 ‘Lite’ for older cars finally gets released
He added:
“It includes destination options and speed profiles on city roads, but more importantly significantly improved safety. We hope you’ll enjoy it, once the build ships wide.”
FSD v14 Lite is now rolling out to AI3 early-access customers. Based on the feedback, will rollout to more customers over the next few weeks.
This build distills the driving behavior from AI4’s v14 series into both the camera and compute config of AI3. It includes destination…
— Ashok Elluswamy (@aelluswamy) June 29, 2026
Tesla will continue to roll out the v14 Lite suite more widely in the coming weeks, the company said.
Tesla has finally released its Full Self-Driving v14 ‘Lite’ suite for older cars that equip the Hardware 3 or AI 3 chip, which have not been able to handle the newest versions of the company’s driver assistance software.
Tesla officially started releasing the v14 Lite suite to owners in the Early Access Program last night. The company’s Head of AI, Ashok Elluswamy, said that the rollout will continue over the next few weeks. The build distills the driving behavior from AI4’s v14 series into both the camera and compute configurations of an AI3 car.
🚨 Tesla is releasing v14 Lite for AI3 owners who are in early-access
This will give AI3 cars the ability to experience new FSD features like parking preferences. https://t.co/pp6Q5FOKoz pic.twitter.com/tqexMB8SVy
— TESLARATI (@Teslarati) June 29, 2026
It also includes a variety of new features that were available to AI4 cars running v14, including:
- Start Self-Driving from Park
- Arrival and Parking Options
- Speed Profiles
The release is highly anticipated because those owners with AI3 vehicles were early adopters into the FSD platform and were promised that their cars would be capable of achieving Full Self-Driving.
However, Tesla CEO Elon Musk admitted during the company’s recent Q1 Earnings Call that these vehicles would not be capable of achieving unsupervised Full Self-Driving, which is what Tesla had originally said.
Owners were not pleased with this answer, or the idea that their commitment to buying the suite outright for thousands of dollars would not yield the ability to drive without operating the car. Tesla gave some solutions for this, including a discount on a new car, or an upgrade to an AI4 or AI5 self-driving computer and new, upgraded cameras.
Tesla owners do not seem pleased with these options, as they require giving the company more money.
Nevertheless, it is important to note that Tesla came through for owners here by releasing v14 Lite before the end of Q2, something it had promised owners during the previous Earnings Call. Tesla has had trouble keeping up with timelines, but this is a big achievement for the team.
Tesla released what analysts believe the company will report in terms of deliveries and energy deployments for Q2, but the figures seem to confirm a long-standing theory on the company’s vehicle division.
For years, Tesla was just looked at as a car company. Now that it has established itself as a powerhouse in energy, AI, and tech as a whole, the company is now less hellbent on achieving quarterly growth, on a sequential basis, at least from a major standpoint.
Tesla topped out its annual deliveries in 2023 at 1.81 million, and in the two years since, the company has reported a decrease in deliveries for the entire 12-month term both times.
With Tesla delivering 358,023 cars in Q1, a 6.3 percent increase over Q1 2025, but falling short of Wall Street expectations at 365,000-370,000 units, the narrative around vehicle deliveries and their importance continued to change earlier this year. Some might say it is convenient, but others might say it is the typical evolution of a company that continues to change over time.
For Q2, Tesla’s delivery consensus estimates sit at 406,024 units, analysts believe. They were surveyed from Daiwa, DB, Wedbush, Cowen, Canaccord, Baird, Wolfe, BMP Paribas, Goldman Sachs, RBC, Evercore ISI, Barclays, Bank of America, Wells Fargo, Morgan Stanley, Truist, UBS, Jefferies, JPM, Needham & Co., HSBC, and William Blair.
Credit: Tesla
Tesla is also expected to report deployments of 13.8 GWh this quarter.
The change to Tesla’s overall narrative now leans less on vehicle deliveries and more on its other projects. Most notably, Tesla’s Robotaxi project has taken the priority over most of its other business ventures, and investors and the public are more concerned about the deployment of vehicles into the fleet, the operation of a driverless ride-hailing service, Cybercab production and operation, and expansion into new cities.
Tesla analyst realizes one big thing about the stock: deliveries are losing importance
This big narrative switch happened when Tesla indicated it was looking at making transportation a service by launching a ride-hailing service that will operate using Tesla’s Full Self-Driving suite. Once unsupervised operation begins, Robotaxi could be a new way for people to get around, all without a driver in their car.
Instead, they will rely on the billions of miles Tesla has accumulated from its real-world fleet.
It is important to note that Tesla remains significant in the automotive sector, and deliveries must continue as they have for years. Tesla still has a strong automotive business and needs to execute further on all facets to keep its investors happy.
Tesla Full Self-Driving v14 ‘Lite’ Release Notes: new capabilities and features
Tesla Full Self-Driving v14 ‘Lite’ for older cars finally gets released
