TSLA News & Events

The Trump administration is anticipated to propose a change to the U.S.-Mexico-Canada Agreement, or USMCA, that would mandate that half of the components and materials in an automobile come from U.S. sources in order to qualify for reduced tariffs under the deal, the Wall Street Journal's Gavin Bade, Santiago Perez, and Christopher Otts reports. The requirement would greatly increase the number of U.S. components required in cars made under the pact, measured by the dollar value of the parts, the authors say, noting that the USMCA currently requires three quarters of a vehicles to come from North American sources, but no U.S.-specific requirements. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Lucid Group (LCID), Mercedes-Benz (MBGYY), Nissan (NSANY), Rivian (RIVN), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).

Tesla (TSLA) has only 42 vehicles operating as robotaxis in the state of Texas nearly a year after service launched in the state, which pales in comparison to the 577 robotaxis Alphabet's (GOOGL) Waymo operates there, Bloomberg's Kara Carlson reports, citing the Texas DMV. The official count was unveiled for the first time in registration information Tesla provided to the DMV under new rules that went into effect this week, the author notes.

A Reuters investigation reports that Tesla's "Full Self-Driving" safety claims rely on flawed methodology and internal concerns about system reliability, including skepticism from former data labelers and engineers regarding its real-world driving performance, Chris Kirkham and Rachael Levy report. Reuters found that the safety claims were based on a flawed comparison that may have overstated performance by roughly a factor of three, because Tesla compared airbag deployment crashes in its vehicles against broader federal tow-truck crash data that already includes less severe incidents and does not align on equivalent severity thresholds.