- Cantor forecasts Tesla Q2 deliveries ~397,414 (below consensus) and 15.7 GWh energy deployments. Q1 free cash flow beat. 2026 capex raised >$25B; negative free cash flow expected remainder of year.
- Tesla said Hardware 3 can't support unsupervised FSD; owners can trade for AI4-equipped vehicles or await a potential retrofit. Company released updated FSD software amid a regulatory crash probe.
- NHTSA closed probe into power-steering loss on ~376,241 Tesla 2023 Model 3 and Model Y after Tesla issued OTA software fix and owner complaints fell.
- Tesla and SpaceX share a joint chip fabrication complex in Texas; at least one analyst commented on the arrangement and suggested the two companies could be combined in the future.
- Elon Musk said SpaceX’s Grok 4.5 may outperform competitors, noted SpaceX–Tesla AI collaboration and possible shared compute, and that Tesla still holds a small equity stake in SpaceX.
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Key facts: Cantor Q2 ~397K; HW3 Cannot Run FSD; NHTSA Closes 376K
Cantor forecasts Tesla Q2 deliveries ~397,414 (below consensus) and 15.7 GWh energy deployments. Q1 free cash flow beat. 2026 capex raised >$25B; negative free cash flow expected r