Tesla Insurance blocked as NY regulators examine connected-car coverage

The EU delayed a vote on Tesla's Full Self-Driving system until December, as the October meeting will only continue discussions. The Dutch regulator approved the system earlier and proposed EU-wide approval. Tesla had anticipated an October vote. EU-wide rollout requires support from 15 member states representing 65% of the population.

ZET SCALE, backed by Microsoft and PepsiCo, ordered 2,500 Tesla electric trucks, the largest U.S. order of its kind. Tesla is the primary supplier, with Kenworth, RIDE, and Volvo as secondary options. The alliance aims to scale to 10,000 trucks, using pooled demand to reduce financial risk. The trucks will operate across ten major U.S. freight hubs.

Tesla launched its long-awaited electric Semi truck, targeting cost-conscious fleet managers. The long-range version offers 500 miles per charge, while the standard version provides 325 miles. Tesla plans to expand its charging network. A group including Microsoft and PepsiCo ordered 2,500 Semis, nearly doubling US heavy-duty electric trucks. Tesla aims to compete with diesel trucks despite higher upfront costs and charging infrastructure challenges.

EU regulators will discuss Tesla's Full Self-Driving (Supervised) system on October 6 but will not vote, according to a draft agenda. The Dutch regulator granted provisional approval in April, and seven member states have recognized it. Germany and France have raised safety concerns, particularly about speed limits. Tesla claims the system is 4.1 times safer than manual driving, but regulators are scrutinizing the data.

Tesla (TSLA) has started high-volume production of its electric Semi truck at a new Nevada factory, aiming for 50,000 units annually. Initial customers include PepsiCo, US Foods, and DHL. Musk mentioned a significant waiting list and plans for autonomous driving features, citing lower electricity costs. Recent orders total 3,000 trucks from cargo-shipping companies and Einride.

Tesla has begun delivering its Semi truck to commercial fleets after years of delays. The launch, targeted at fleet managers, focuses on reliability and cost savings. Tesla aims to compete in the $800 billion commercial vehicle market, where rivals like Ford and Rivian have already made inroads. The company highlights the Semi's integration with its Supercharger network, though questions remain about infrastructure scalability.