Tesla is reportedly weighing a sale of its China operations to clear the path for a SpaceX merger, Zoox wins the first US federal approval for fully driverless paid robotaxis, and Rivian reports its strongest quarter to date.
Tesla is reportedly evaluating a sale of its Chinese manufacturing and sales operations as a condition for clearing regulatory hurdles on a potential Tesla-SpaceX merger — a move that would fundamentally reshape both companies' corporate structures.
NHTSA has granted Zoox the first US regulatory approval to operate paid robotaxi service in vehicles with no human steering or pedal controls, initially authorizing production of up to 2,500 purpose-built pods per year.
Rivian reported Q2 2026 revenue of $1.658 billion (up 27% year-over-year) and record gross profit of $179 million — the company's strongest quarter and a signal that its cost structure is finally inflecting.
Tesla delivered its 10 millionth vehicle — a milestone the company marked publicly — at the same moment that broader EV adoption growth rates are decelerating across major markets.
Chinese automaker Hongqi demonstrated an EV that charges from 10% to 70% state-of-charge in 4 minutes and 22 seconds — part of a broader shift in China where ultra-fast charging is being measured in seconds rather than minutes.
BMW pulled forward the order window for the i3 by several months after early reservation numbers came in significantly above projections, suggesting stronger-than-expected consumer appetite for BMW's mass-market EV.