Tesla this week: Denies China FSD termination rumors, Musk hints at new model

As the weekend draws to a close, Tesla and its CEO Elon Musk once again dominate the headlines. Let's review the major news surrounding the electric vehicle giant over the past week.

Tesla denies rumors of China FSD termination

Reports emerged that Tesla was scaling back its full self-driving program in China. However, Tesla denied these reports, calling them "untrue," and confirmed it has not closed its data center in Shanghai. Instead, Tesla is increasing hiring for autonomous driving-related positions. Click to read more.

Musk teases new Tesla model

After a user urged the billionaire to build a small van, Musk hinted at the possibility of adding a family-oriented vehicle to Tesla's lineup, sparking speculation. Musk suggested a new high-occupancy vehicle, saying it would be "way cooler than a minivan." Notably, Tesla has previously unveiled the Robovan concept. Click to read more.

Musk discusses galactic expansion with Optimus robots and solar power

As SpaceX disclosed plans for a new Starship base in Louisiana, the CEO also explored the potential for Tesla's Optimus robot to become the first "von Neumann" machine. The spaceport is estimated to cost over $100 billion and is expected to achieve self-sufficiency while creating 3,000 jobs. Click to read more.

Tesla launches largest recall in China

Tesla will recall nearly 3 million vehicles in China due to a problem with emergency door release devices. This marks the company's largest recall in the country. According to reports, the issue led to 12 crashes in which occupants or rescuers could not open the doors of Tesla vehicles involved in fires, resulting in at least 15 deaths before the recall was initiated. Click to read more.

Tesla raises Cybertruck prices amid weak sales

Despite sluggish sales, Tesla has increased prices on certain configurations of its all-electric pickup truck, the Cybertruck, with hikes of up to $5,000. Click to read more.