Under a proposed arrangement described by Tesla to investors, the company would license xAI's AI models to power its FSD and share a portion of its revenue with xAI, according to the report, said a person familiar with the matter.

According to CPCA's comprehensive estimate of preliminary monthly data, the national wholesale sales of new-energy passenger car manufacturers in August amounted to 1.05 million units, up 32% year-on-year and 11% sequentially.

In August, Tesla's China-made electric vehicle sales increased by 3% year-on-year, and its China-made Model 3 and Model Y deliveries increased by 17% from July.

China is nipping at Tesla’s heels in developing battery-powered, humanoid robots that are expected to replace human labor on electric vehicle production lines.

On August 20, local time, the European Commission disclosed to interested parties a draft decision on the imposition of final countervailing duties on imports of pure electric vehicles from China. Making minor adjustments to the proposed rates, BYD:17.0%, Geely:19.3%, SAIC:36.3%, other cooperating companies:21.3%, and all other non-cooperating companies:36.3%, it decided to impose a separate tariff rate on Tesla as a Chinese exporter, set at 9% at this stage, with any potential measure valid for five years. The EU-China Chamber of Commerce issued a statement expressing strong dissatisfaction and resolute opposition to this trade protectionist approach by the EC, after China filed a lawsuit in the World Trade Organization (WTO) over the EU's provisional countervailing measures on electric vehicles. The EU has always questioned this, recently, Germany's “Agora Transportation Transformation” think tank and the Boston Consulting Group jointly released a study showing that if Germany wants to achieve the goal of having 15 million electric cars by 2030, it will have to rely on Chinese automakers.

Bernstein's analyst Tony Sacconaghi noted that Tesla's market share is declining in all regions, whether it's under electric vehicles (EVs) or under the other hybrids (xEVs) category.

At 8 p.m. on August 12, Trump and Musk held an online meeting lasting more than two hours.

On Monday evening, Aug. 13, local time, former U.S. President Donald Trump engaged in a live conversation with Tesla CEO Elon Musk on the X platform. Musk offered himself a role in helping to cut federal spending during Trump's second term in office. This seems to indicate that the world's richest man, is increasingly integrating himself into American politics. Musk has called for the creation of a government commission to ensure that taxpayer money is spent effectively, and said he would like to play a role in the process. Musk said "I'd be happy to help on such a commission if it's formed." Trump praised Musk for the idea.

Recently, Uber CEO Dara Khosrowshahi expressed three major concerns about Tesla's upcoming Robotaxi program.

Due to fierce competition in the industry, Tesla's competitiveness in the Southeast Asian market lags significantly behind that of Chinese manufacturers, so its plan to set up factories in Southeast Asia has been temporarily shelved.

Tesla plans to increase its investment in the Dojo supercomputer to enable fully autonomous driving and launch robot cabs.

According to the CPCA monthly preliminary data comprehensive estimates, in July the national new energy passenger car manufacturers wholesale sales of 950,000 units, up 29% year-on-year, down 3% from the previous year.

Morgan Stanley listed Tesla as a "top pick" in the U.S. auto sector, replacing Ford and driving Tesla shares up 5.6 per cent at the close of trading on Monday.

Analysts downgraded Tesla from "hold" to "sell," but the stock was not very volatile.

Given that demand for electric cars continues to soar in China while stagnating in the U.S. and Europe, industry researcher BI notes that BYD is on track to outsell Tesla in electric car sales this year.

In Q2, Tesla's less-than-stellar results dragged down its stock price, and many business developments were shared on the earnings call.

Tesla announced its lowest quarterly profit margin in the past five years on Tuesday evening, and its stock price fell 12% on Wednesday, evaporating nearly $100 billion in market value.

Summarize Tesla's fiscal 2024 quarterly results for your reference。

Tesla's revenue for the second quarter was $25.5 billion, a slight increase of 2% year-on-year, and adjusted net profit was $1.812 billion, a decrease of 42% year-on-year.

Musk announced on X on Monday that Tesla's humanoid robot Optimus will begin small-scale production next year and be put into internal use within the company.