Tesla Summary

Tesla is making waves with several recent developments. The company is hinting at a Premium Robotaxi offering, currently testing a couple of Model S units, indicating a strategic engineering and data collection effort.

Additionally, Tesla has partnered with Lemonade to provide insurance for Full Self-Driving, with Lemonade's Shai Wininger mentioning 'almost free' coverage for Tesla FSD miles. In sales, the company is pushing for final year-end sales of the Model Y, offering discounts of up to $1,500 on new configurations.

However, Tesla has received a mixed report in a Consumer Reports study, ranking dead last in used car reliability, which has raised questions about the durability of its vehicles. Meanwhile, in a competitive landscape, Rivian has unveiled plans for a self-driving chip and a new subscription service, Autonomy+, to challenge Tesla's dominance in the self-driving market.

Finally, Tesla's Model Y has topped private vehicle registrations in Hong Kong and has emerged as the leading electric vehicle in Malaysia, showing strong sales performance in Asia.