Tesla Inc. (NASDAQ:TSLA) and its CEO Elon Musk had yet another eventful week this time around amid a delay for the Roadster reveal, Optimus production woes and more. Let’s take a look at some of the headlines from the past week
Optimus Memory Gets Trimmed For Production
Musk said Tesla has reduced the memory specifications for chips for the Optimus humanoid robot to help increase production volume. The AI5 chip’s memory was cut in half to 72GB, while the AI6 chip’s capacity was reduced by one-third to 144GB. Musk called the changes "the only way to get enough volume for Optimus production.” Read the full article here.
Tesla Secures $30 Billion in Credit Facilities
Tesla secured $30 billion in new financing capacity, boosting its planned capex spending across artificial intelligence, semiconductor manufacturing, solar production and autonomous vehicles. The package includes a $20 billion three-year delayed-draw term loan, an $8 billion five-year revolver and a $2 billion 364-day revolver. Read the full article here.
Roadster Reveal Delayed by Severe Weather
Tesla postponed its awaited Roadster unveiling from Oct. 1 to Oct. 15 after determining that predicted weather conditions would make the outdoor event difficult to hold. The delay has fueled speculation about the Roadster possibly being capable of hovering. Read the full article here.
Patent Filing Details an Active Rear Wing
A newly published Tesla patent outlines a two-section rear wing designed to remain concealed within the bodywork before deploying when needed. It describes a wing that can move from fully tucked away to fully extended in less than three seconds, with angle adjustments possible in under a quarter-second. Read the full article here.
Tesla Semi Production Begins.
Musk, earlier this week, confirmed that the volume production of the Semi truck had begun. The Semi already has seen interest from multiple companies, with Einride AB (NASDAQ:ENRD) also confirming that it had placed a 500-unit order for the Semi with Tesla. Read the full article here.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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