This Week in Tesla: Model Y Tops Sales, NHTSA Demands Autonomous Vehicles Fix and More
From the Model Y emerging as a Chinese best-seller to Robotaxis facing criticism from NHTSA, Tesla Inc. (NASDAQ:TSLA) has had an eventful week. Here’s a look at some of the headlines from this week.
Model Y Tops Sales in China
Tesla’s Model Y SUV reclaimed the title of China’s best-selling vehicle in June. This comes as the automaker’s Q2 2026 delivery figures also exceeded Wall Street expectations, with over 480,000 units delivered.
New Jersey Could Block Tesla Robotaxis
Tesla’s expansion of its robotaxis could face a setback in New Jersey if a proposed bill requiring autonomous vehicles to use cameras and other sensing technologies, including radar and LiDAR sensors, passes.
Autonomous Vehicles Under Scrutiny
The National Highway Traffic Safety Administration (NHTSA) has expressed concerns over autonomous vehicles interfering with first responder operations. NHTSA Administrator Jonathan Morrison criticized the companies operating these vehicles and called for fixes by the end of the month.
Tesla’s Stretched Valuation
Investor Gary Black of The Future Fund LLC raised concerns over Tesla’s valuation, outlining the company’s high price-to-earnings ratio and declining forward earnings estimates as reasons why most institutional investors are avoiding the stock.
Improvements to Tesla’s FSD
Tesla’s Full Self-Driving (FSD) system could soon get smarter neighborhood navigation. The company’s vice president of AI software, Ashok Elluswamy, confirmed that they are working on natural-language voice commands for precise drop-off locations.
Musk Envisions Better Healthcare with AI
Elon Musk touted the company’s humanoid robot, Optimus, as well as artificial intelligence, saying that the tech could enable better healthcare. He stated that Optimus could provide universal excellent healthcare that surpasses current standards.
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