Elon Musk’s artificial-intelligence start-up xAI unveiled Grok 4 in a late-Wednesday livestream on X, only five months after the previous version. Musk described the system as “the smartest AI in the world,” claiming it already outperforms most humans and will begin discovering new technologies within a year. An accompanying application-programming interface is available immediately.

xAI said the single-agent Grok 4 delivers about 10-times the reasoning power of Grok 3, while a multi-agent option dubbed Grok 4 Heavy spends more compute time to raise scores further. Grok 4 Heavy recorded 50.7 percent on the 2,500-question Humanity’s Last Exam and 60.6 percent on the ARC-AGI reasoning benchmark, comfortably ahead of OpenAI’s and Google’s latest public models.

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Tesla Chief Executive Officer Elon Musk said on 10 July that the company’s driver-less ride-hailing “robotaxi” service could be operational in California’s San Francisco Bay Area within one to two months, provided state regulators grant the necessary approvals.

The timeline gives the clearest indication to date of when Tesla intends to move from pilot testing to commercial deployment of its autonomous vehicles. Approval would put the carmaker in direct competition with Alphabet’s Waymo and General Motors’ Cruise, both of which already operate limited robotaxi fleets in the region.

Venture-capital firm Andreessen Horowitz said on 9 July it has moved the state of incorporation of its main operating entity, AH Capital Management, from Delaware to Nevada. The firm, which manages tens of billions of dollars across multiple technology funds, said the change is effective immediately.

In a blog post titled “We’re Leaving Delaware, And We Think You Should Consider Leaving Too,” the firm argued that recent decisions by the Delaware Court of Chancery have injected “unprecedented subjectivity” into corporate governance cases, eroding the predictability that once made the state the default domicile for U.S. companies. By contrast, Nevada has codified the business-judgment rule in statute and is upgrading its business courts, including measures to waive jury trials and allow gubernatorial appointment of judges.

Andreessen Horowitz joins a growing list of technology companies—including Tesla, Dropbox and Tripadvisor—that have abandoned Delaware in favor of other jurisdictions. The firm said it will continue to invest in Delaware-incorporated startups but hopes its move will prompt founders to reassess where they incorporate.

Logistics provider ArcBest Corp. has completed a three-week pilot using Tesla Inc.’s electric Class 8 Semi, logging 4,494 miles and averaging 321 miles per day. The truck consumed 1.55 kWh of electricity per mile, the most efficient real-world figure yet reported for the model.

The result surpasses Tesla’s own fleet average of 1.6 kWh per mile disclosed in September 2024 and represents roughly a 10 percent improvement on third-party tests conducted in 2023. Higher efficiency lowers operating costs and extends driving range, key factors in the economics of battery-electric freight hauling.

Tesla says it plans to begin volume production of the Semi at a new Nevada factory later this year, with initial customer deliveries expected in 2026. Improved performance could strengthen the company’s pitch to carriers seeking to cut fuel expenses and curb greenhouse-gas emissions from long-haul trucking.

Linda Yaccarino said Wednesday she is stepping down as chief executive of X, ending a two-year tenure that began when owner Elon Musk hired the longtime advertising executive in 2023 to steady the company’s business operations.

In a post on the platform, Yaccarino wrote, “After two incredible years, I’ve decided to step down as CEO of 𝕏,” adding that “the best is yet to come as X enters a new chapter with @xAI,” Musk’s artificial-intelligence venture. She did not specify a departure date or name a successor.

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A coalition of 27 major Tesla shareholders, including several U.S. state treasurers and large pension funds, on Wednesday pressed the electric-vehicle maker’s board to set a date for its 2025 annual shareholder meeting. In a letter, the investors warned that Tesla is days away from violating a Texas law that requires companies incorporated in the state to hold an annual meeting within 13 months of the previous one—putting the deadline at July 13, 2025, after the last gathering in June 2024.

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Elon Musk has publicly challenged former President Donald Trump over the release of Jeffrey Epstein-related files, questioning Trump's credibility and urging transparency. Musk posted a tweet stating, "How can people be expected to have faith in Trump if he won’t release the Epstein files?" This marks a renewed public confrontation between Musk and Trump, with Musk using the Epstein files as a focal point in his criticism. The issue has drawn attention across multiple media outlets, highlighting Musk's persistent pressure on Trump to disclose the documents.

Wedbush analyst Dan Ives has urged Tesla's board of directors to establish formal boundaries around CEO Elon Musk's political activities, warning that Musk's increasing involvement in Washington could pose risks to the company's future. Ives called for the board to act promptly to limit Musk's time spent on politics and address concerns related to his pay and time management. These recommendations come amid Musk's recent announcement of plans to form a new political entity called the America Party. In response to Ives's proposals, Musk publicly dismissed the analyst's suggestions with a direct message on the social media platform X, telling Ives to "shut up." Despite this exchange, some investors remain bullish on Tesla, viewing the recent stock sell-off as overdone and emphasizing the company's critical growth phase driven by advancements in autonomous driving and robotics.

President Donald Trump on 4 July signed the “One Big Beautiful Bill Act,” a wide-ranging tax and spending package that cleared Congress the previous day. The law accelerates the phase-out of several clean-energy incentives created under the Inflation Reduction Act, signalling a policy shift away from federally backed electrification.

The most immediate change is the end of the federal clean-vehicle tax credit. Buyers now have until 30 September 2025 to take delivery of an eligible electric vehicle in order to claim up to $7,500 on new models and $4,000 on used ones; the incentives vanish entirely after that date, three months sooner than previously planned.

Read more

President Donald Trump’s newly approved transportation and energy “megabill” will halt U.S. federal subsidies for electric vehicles on 30 September 2025 and tilt incentives toward gasoline-powered models. The head of a leading Chinese auto industry group said the measure effectively hands a competitive edge to China’s fast-growing electric-vehicle manufacturers at the very moment they are stepping up exports.

Read more

William Blair & Co. cut its rating on Tesla Inc. to Market Perform from Outperform, warning that a recently passed GOP spending measure, dubbed the “Big Beautiful Bill,” erodes key incentives that underpin the electric-vehicle maker’s profitability and demand outlook.

The legislation eliminates the $7,500 federal tax credit for new EV purchases and scraps corporate average fuel-economy (CAFE) fines, changes the brokerage says could slice as much as $2 billion a year from Tesla’s regulatory-credit income and temper U.S. vehicle sales.

Tesla shares fell about 7% in pre-market trading on 7 July after the downgrade but had recovered to $297.93, up 1.4%, by midday 8 July as investors weighed the longer-term impact of the policy shift.

Tesla's China operations commenced the third quarter of 2025 with a focus on exports from its Giga Shanghai facility. During the first week of July, Tesla registered 5,000 vehicles domestically in China. Insurance registration data for the week ending July 6 shows Tesla with 5,010 units, surpassing competitors Xiaomi and Nio, which had 4,890 and 2,500 registrations respectively. Nio's total insurance registrations, including its Onvo and Firefly brands, declined by 18.89% from the previous week, totaling 5,110 units. Tesla delivered 3,500 new Model Ys and 1,500 Model 3s to customers in China during the same period. Analysts have begun examining Tesla's short interest and search interest trends in China to assess market positioning and investor sentiment.

Tesla’s performance in China showed signs of stabilisation in June. Retail sales rose 3.7% from a year earlier to about 61,000 vehicles, while wholesale deliveries from its Shanghai plant climbed 0.8% to 71,599 units, according to data from the China Passenger Car Association. The month-on-month rebound—59% and 16% respectively—ended an eight-month slide and marked the first year-on-year gain for the U.S. carmaker in its largest overseas market this year.

Read more

Elon Musk has indicated he is willing to record another episode of “The Joe Rogan Experience,” replying “Sure” to an online prompt about returning to the popular podcast. Neither Musk nor host Joe Rogan has announced a date, but multiple social-media posts from July 7-8 point to an upcoming conversation.

The Tesla and SpaceX chief executive has appeared on Rogan’s show three times since 2018, using the long-form format to discuss topics ranging from electric-vehicle strategy to artificial intelligence. A new episode would give Musk another wide-reaching platform as he prepares Tesla’s next "Master Plan" and continues to comment publicly on technology, social media and policy.

Tesla shares slumped 6.8% on Monday, closing at $293.94 after Chief Executive Officer Elon Musk’s weekend announcement that he is forming a third political force, the “America Party.” The slide – which at one point reached 8.4% in intraday trading – erased about $70 billion in market value and extended the stock’s 2025 fall to roughly 40%. The shares recovered about 1.5% in early pre-market dealings on Tuesday.

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Digital-media entrepreneur and self-styled day trader Dave Portnoy said he purchased about US$10 million worth of Tesla Inc. shares on 7 July after the electric-vehicle maker’s stock fell earlier in the session.

Portnoy did not disclose the exact number of shares acquired or the price paid, but described the move as a vote of confidence in the company amid the intraday slide. Tesla shares had been under pressure in morning trading, prompting retail-trading chatter about buying the dip.

Tesla Inc. shares fell to $296, resulting in short sellers poised to gain approximately $1.4 billion in paper profits, according to data from Ortex. The stock's decline, which included a 7% slump, has been linked to CEO Elon Musk's announcement of renewed political ambitions and a public dispute with former President Donald Trump. Market observers noted that this sharp drop in Tesla's stock price has created substantial gains for traders holding short positions. The developments have prompted some investors to sell their Tesla shares, capitalizing on recent market movements.

Türkiye’s first domestic electric-vehicle maker, Togg, retained its dominance of the national battery-powered car market in the first half of 2025, selling 17,101 units and securing about a 20% share, according to data from the Automotive Distributors and Mobility Association. The T10X SUV outsold its closest rival by 4,781 vehicles, leaving Tesla in second place with 12,320 deliveries and China’s BYD in third with 10,401.

Overall demand for fully electric cars in Türkiye accelerated sharply: registrations jumped 138.4% from a year earlier to 84,956, lifting EVs’ share of total vehicle sales to 17.4%. Combined passenger-car and light-commercial registrations rose 5.2% to 607,977. Togg plans to begin delivering its second model, the T10F sedan, in the coming weeks as competition intensifies in one of Europe’s fastest-growing electric-vehicle markets.

Tesla’s competitive position in China is deteriorating, according to a Wall Street Journal report published 7 July. Chinese car buyers increasingly view the company’s line-up as dated, while domestic manufacturers such as BYD are winning market share with vehicles that feature multiple entertainment screens, refrigerators and selfie cameras. Battery maker CATL has also unveiled technology it says can recharge an electric car in about five minutes, sharpening the technological gap.

The Journal adds that Chief Executive Officer Elon Musk no longer enjoys the geopolitical cachet he once had in Beijing. His public feud with former U.S. President Donald Trump has diminished Chinese officials’ willingness to court him, reducing Tesla’s political leverage at a moment when it needs support to keep pace with local competitors.

While exact sales figures were not disclosed, the report underscores growing pressure on Tesla in a market that accounted for a significant share of its global deliveries. The company did not immediately comment on the report.

Elon Musk said a filing with the U.S. Federal Election Commission that purported to establish an "America Party" affiliated with him is fraudulent. In a post on his social-media platform, the Tesla and SpaceX chief executive wrote, “This filing is false and has been reported as such to the FEC.”

The clarification follows online circulation of documents suggesting Musk was forming a new political organization. Musk did not disclose who he believes is responsible for the filing or whether he intends to pursue additional legal action beyond notifying the FEC.

Elon Musk’s artificial-intelligence start-up xAI unveiled Grok 4 in a late-Wednesday livestream on X, only five months after the previous version. Musk described the system as “the smartest AI in the world,” claiming it already outperforms most humans and will begin discovering new technologies within a year. An accompanying application-programming interface is available immediately.

xAI said the single-agent Grok 4 delivers about 10-times the reasoning power of Grok 3, while a multi-agent option dubbed Grok 4 Heavy spends more compute time to raise scores further. Grok 4 Heavy recorded 50.7 percent on the 2,500-question Humanity’s Last Exam and 60.6 percent on the ARC-AGI reasoning benchmark, comfortably ahead of OpenAI’s and Google’s latest public models.

Read more

Tesla Chief Executive Officer Elon Musk said on 10 July that the company’s driver-less ride-hailing “robotaxi” service could be operational in California’s San Francisco Bay Area within one to two months, provided state regulators grant the necessary approvals.

The timeline gives the clearest indication to date of when Tesla intends to move from pilot testing to commercial deployment of its autonomous vehicles. Approval would put the carmaker in direct competition with Alphabet’s Waymo and General Motors’ Cruise, both of which already operate limited robotaxi fleets in the region.

Venture-capital firm Andreessen Horowitz said on 9 July it has moved the state of incorporation of its main operating entity, AH Capital Management, from Delaware to Nevada. The firm, which manages tens of billions of dollars across multiple technology funds, said the change is effective immediately.

In a blog post titled “We’re Leaving Delaware, And We Think You Should Consider Leaving Too,” the firm argued that recent decisions by the Delaware Court of Chancery have injected “unprecedented subjectivity” into corporate governance cases, eroding the predictability that once made the state the default domicile for U.S. companies. By contrast, Nevada has codified the business-judgment rule in statute and is upgrading its business courts, including measures to waive jury trials and allow gubernatorial appointment of judges.

Andreessen Horowitz joins a growing list of technology companies—including Tesla, Dropbox and Tripadvisor—that have abandoned Delaware in favor of other jurisdictions. The firm said it will continue to invest in Delaware-incorporated startups but hopes its move will prompt founders to reassess where they incorporate.

Logistics provider ArcBest Corp. has completed a three-week pilot using Tesla Inc.’s electric Class 8 Semi, logging 4,494 miles and averaging 321 miles per day. The truck consumed 1.55 kWh of electricity per mile, the most efficient real-world figure yet reported for the model.

The result surpasses Tesla’s own fleet average of 1.6 kWh per mile disclosed in September 2024 and represents roughly a 10 percent improvement on third-party tests conducted in 2023. Higher efficiency lowers operating costs and extends driving range, key factors in the economics of battery-electric freight hauling.

Tesla says it plans to begin volume production of the Semi at a new Nevada factory later this year, with initial customer deliveries expected in 2026. Improved performance could strengthen the company’s pitch to carriers seeking to cut fuel expenses and curb greenhouse-gas emissions from long-haul trucking.

Linda Yaccarino said Wednesday she is stepping down as chief executive of X, ending a two-year tenure that began when owner Elon Musk hired the longtime advertising executive in 2023 to steady the company’s business operations.

In a post on the platform, Yaccarino wrote, “After two incredible years, I’ve decided to step down as CEO of 𝕏,” adding that “the best is yet to come as X enters a new chapter with @xAI,” Musk’s artificial-intelligence venture. She did not specify a departure date or name a successor.

Read more

A coalition of 27 major Tesla shareholders, including several U.S. state treasurers and large pension funds, on Wednesday pressed the electric-vehicle maker’s board to set a date for its 2025 annual shareholder meeting. In a letter, the investors warned that Tesla is days away from violating a Texas law that requires companies incorporated in the state to hold an annual meeting within 13 months of the previous one—putting the deadline at July 13, 2025, after the last gathering in June 2024.

Read more

Elon Musk has publicly challenged former President Donald Trump over the release of Jeffrey Epstein-related files, questioning Trump's credibility and urging transparency. Musk posted a tweet stating, "How can people be expected to have faith in Trump if he won’t release the Epstein files?" This marks a renewed public confrontation between Musk and Trump, with Musk using the Epstein files as a focal point in his criticism. The issue has drawn attention across multiple media outlets, highlighting Musk's persistent pressure on Trump to disclose the documents.

Wedbush analyst Dan Ives has urged Tesla's board of directors to establish formal boundaries around CEO Elon Musk's political activities, warning that Musk's increasing involvement in Washington could pose risks to the company's future. Ives called for the board to act promptly to limit Musk's time spent on politics and address concerns related to his pay and time management. These recommendations come amid Musk's recent announcement of plans to form a new political entity called the America Party. In response to Ives's proposals, Musk publicly dismissed the analyst's suggestions with a direct message on the social media platform X, telling Ives to "shut up." Despite this exchange, some investors remain bullish on Tesla, viewing the recent stock sell-off as overdone and emphasizing the company's critical growth phase driven by advancements in autonomous driving and robotics.

President Donald Trump on 4 July signed the “One Big Beautiful Bill Act,” a wide-ranging tax and spending package that cleared Congress the previous day. The law accelerates the phase-out of several clean-energy incentives created under the Inflation Reduction Act, signalling a policy shift away from federally backed electrification.

The most immediate change is the end of the federal clean-vehicle tax credit. Buyers now have until 30 September 2025 to take delivery of an eligible electric vehicle in order to claim up to $7,500 on new models and $4,000 on used ones; the incentives vanish entirely after that date, three months sooner than previously planned.

Read more

President Donald Trump’s newly approved transportation and energy “megabill” will halt U.S. federal subsidies for electric vehicles on 30 September 2025 and tilt incentives toward gasoline-powered models. The head of a leading Chinese auto industry group said the measure effectively hands a competitive edge to China’s fast-growing electric-vehicle manufacturers at the very moment they are stepping up exports.

Read more

William Blair & Co. cut its rating on Tesla Inc. to Market Perform from Outperform, warning that a recently passed GOP spending measure, dubbed the “Big Beautiful Bill,” erodes key incentives that underpin the electric-vehicle maker’s profitability and demand outlook.

The legislation eliminates the $7,500 federal tax credit for new EV purchases and scraps corporate average fuel-economy (CAFE) fines, changes the brokerage says could slice as much as $2 billion a year from Tesla’s regulatory-credit income and temper U.S. vehicle sales.

Tesla shares fell about 7% in pre-market trading on 7 July after the downgrade but had recovered to $297.93, up 1.4%, by midday 8 July as investors weighed the longer-term impact of the policy shift.

Tesla's China operations commenced the third quarter of 2025 with a focus on exports from its Giga Shanghai facility. During the first week of July, Tesla registered 5,000 vehicles domestically in China. Insurance registration data for the week ending July 6 shows Tesla with 5,010 units, surpassing competitors Xiaomi and Nio, which had 4,890 and 2,500 registrations respectively. Nio's total insurance registrations, including its Onvo and Firefly brands, declined by 18.89% from the previous week, totaling 5,110 units. Tesla delivered 3,500 new Model Ys and 1,500 Model 3s to customers in China during the same period. Analysts have begun examining Tesla's short interest and search interest trends in China to assess market positioning and investor sentiment.

Tesla’s performance in China showed signs of stabilisation in June. Retail sales rose 3.7% from a year earlier to about 61,000 vehicles, while wholesale deliveries from its Shanghai plant climbed 0.8% to 71,599 units, according to data from the China Passenger Car Association. The month-on-month rebound—59% and 16% respectively—ended an eight-month slide and marked the first year-on-year gain for the U.S. carmaker in its largest overseas market this year.

Read more

Elon Musk has indicated he is willing to record another episode of “The Joe Rogan Experience,” replying “Sure” to an online prompt about returning to the popular podcast. Neither Musk nor host Joe Rogan has announced a date, but multiple social-media posts from July 7-8 point to an upcoming conversation.

The Tesla and SpaceX chief executive has appeared on Rogan’s show three times since 2018, using the long-form format to discuss topics ranging from electric-vehicle strategy to artificial intelligence. A new episode would give Musk another wide-reaching platform as he prepares Tesla’s next "Master Plan" and continues to comment publicly on technology, social media and policy.

Tesla shares slumped 6.8% on Monday, closing at $293.94 after Chief Executive Officer Elon Musk’s weekend announcement that he is forming a third political force, the “America Party.” The slide – which at one point reached 8.4% in intraday trading – erased about $70 billion in market value and extended the stock’s 2025 fall to roughly 40%. The shares recovered about 1.5% in early pre-market dealings on Tuesday.

Read more

Digital-media entrepreneur and self-styled day trader Dave Portnoy said he purchased about US$10 million worth of Tesla Inc. shares on 7 July after the electric-vehicle maker’s stock fell earlier in the session.

Portnoy did not disclose the exact number of shares acquired or the price paid, but described the move as a vote of confidence in the company amid the intraday slide. Tesla shares had been under pressure in morning trading, prompting retail-trading chatter about buying the dip.

Tesla Inc. shares fell to $296, resulting in short sellers poised to gain approximately $1.4 billion in paper profits, according to data from Ortex. The stock's decline, which included a 7% slump, has been linked to CEO Elon Musk's announcement of renewed political ambitions and a public dispute with former President Donald Trump. Market observers noted that this sharp drop in Tesla's stock price has created substantial gains for traders holding short positions. The developments have prompted some investors to sell their Tesla shares, capitalizing on recent market movements.

Türkiye’s first domestic electric-vehicle maker, Togg, retained its dominance of the national battery-powered car market in the first half of 2025, selling 17,101 units and securing about a 20% share, according to data from the Automotive Distributors and Mobility Association. The T10X SUV outsold its closest rival by 4,781 vehicles, leaving Tesla in second place with 12,320 deliveries and China’s BYD in third with 10,401.

Overall demand for fully electric cars in Türkiye accelerated sharply: registrations jumped 138.4% from a year earlier to 84,956, lifting EVs’ share of total vehicle sales to 17.4%. Combined passenger-car and light-commercial registrations rose 5.2% to 607,977. Togg plans to begin delivering its second model, the T10F sedan, in the coming weeks as competition intensifies in one of Europe’s fastest-growing electric-vehicle markets.

Tesla’s competitive position in China is deteriorating, according to a Wall Street Journal report published 7 July. Chinese car buyers increasingly view the company’s line-up as dated, while domestic manufacturers such as BYD are winning market share with vehicles that feature multiple entertainment screens, refrigerators and selfie cameras. Battery maker CATL has also unveiled technology it says can recharge an electric car in about five minutes, sharpening the technological gap.

The Journal adds that Chief Executive Officer Elon Musk no longer enjoys the geopolitical cachet he once had in Beijing. His public feud with former U.S. President Donald Trump has diminished Chinese officials’ willingness to court him, reducing Tesla’s political leverage at a moment when it needs support to keep pace with local competitors.

While exact sales figures were not disclosed, the report underscores growing pressure on Tesla in a market that accounted for a significant share of its global deliveries. The company did not immediately comment on the report.

Elon Musk said a filing with the U.S. Federal Election Commission that purported to establish an "America Party" affiliated with him is fraudulent. In a post on his social-media platform, the Tesla and SpaceX chief executive wrote, “This filing is false and has been reported as such to the FEC.”

The clarification follows online circulation of documents suggesting Musk was forming a new political organization. Musk did not disclose who he believes is responsible for the filing or whether he intends to pursue additional legal action beyond notifying the FEC.