2025-08-28 Tesla News
Hello everyone, welcome to the Tesla Daily News, today is August 28, 2025. Here are the latest news updates.
1. According to Nasdaq closing data, Tesla shares ended yesterday at $349.60, down 0.6% from the previous close of $351.67. The stock traded between $349.16 and $355.39 during the session.
2. According to Biztoc/Fortune, Tesla has expanded its Robotaxi service area in Austin, Texas, increasing the fleet size by 50%. This move supports Elon Musk’s ambitious goal to serve half the U.S. population with autonomous cabs by the end of 2025. This expansion comes as autonomous vehicle scrutiny grows, but Tesla is pressing forward with its self-driving rollout.
3. According to ETF Daily News, Tesla continues to be listed among the top electric vehicle stocks to watch now, alongside NIO, Baidu, Rivian, and XPeng. The report notes Tesla’s central role in both innovation and investor interest as EV markets grow globally.
4. According to Fortune and Biztoc, Tesla self-driving cars are undergoing autonomous testing in the 3.5-mile Boring Company tunnels beneath the Las Vegas Convention Center. Although safety drivers are still present, this marks a significant step closer to full self-driving operations in public infrastructure.
5. According to Notebookcheck and Ithome.com, Tesla’s Cybertruck has officially launched in South Korea — the first expansion outside North America for this model. Korean customers who pre-ordered can confirm their purchase between August 29 and September 4, with new orders opening on September 5. Pricing begins at 145 million KRW, or about $110,000 USD.
6. According to Ithome.com, new videos from Australia have triggered speculation about Tesla’s Full Self-Driving (FSD) beta launching there soon. The footage demonstrates impressive FSD capabilities on Australian roads, with some industry observers suggesting an official rollout could come by the end of the month. This signals accelerated global deployment of Tesla’s autonomous features.
7. According to Yahoo and several Taiwanese media sources, Tesla has slashed prices on the Model 3 in Taiwan by up to 100,000 TWD (about $3,100 USD) in response to ongoing tariff negotiations and market demand. The promotional offer runs through September 30, while buyers of the Model Y receive a significant insurance subsidy.
8. According to Yahoo and local reports, Tesla’s Berlin Gigafactory has built its 100,000th updated Model Y in just over seven months, highlighting strong European production. While symbolic, it’s a sign of Tesla’s continued scaling and manufacturing prowess, even as competition in Europe heats up.
9. According to Electrek, Tesla’s Model Y faces increased pressure in China from new competitors, with Xiaomi’s YU7 making rapid gains in market share. This development underlines growing domestic competition—although Tesla remains a leader, innovation and pricing from rivals could impact future performance.
10. Looking ahead, Goldman Sachs recently stated in a report that it is cautiously optimistic about Tesla’s upcoming robotaxi launch but retains a neutral rating on the stock. The analyst cited positive developments but noted ongoing risks as the autonomous ride-hailing industry becomes increasingly competitive.
That’s all for today’s Tesla Daily News. Tesla remains at the forefront of EV innovation and autonomous driving, but faces new tests—from legal, regulatory, and competitive fronts—while continuing to push forward with global expansion. Thanks for listening, and see you next time!
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