- Tesla's Model Y sells for less than $23,000 in Tokyo, making it the cheapest Model Y globally, driven by a weak yen combined with new Japanese federal and city subsidies introduced this year.
- Lamar Consolidated Independent School District halved Tesla's tax bill from 2029 through 2038 for Project Crystal Sun, a planned $10 billion solar manufacturing facility in Fort Bend County, Texas, targeting 100 gigawatts of annual domestic production.
- The Texas solar buildout is positioned around surging electricity demand from AI data centers and EV charging, including the grid capacity Tesla's robotaxi fleet needs to charge daily.
- TSLA closed at $358.08, below its 200-day EMA of $378.91, with key support at $353.61, a breach opening $341.35, and resistance at $363.82.
- Ongoing NHTSA scrutiny over Cybercab legality and safety, plus substantial cash burn on Robotaxis and AI, stand as bearish risks against bullish catalysts from China vehicle price cuts and the expected October 1 second-generation Roadster update.
Quotes
“Tesla's Model Y is available for less than $23,000 in Tokyo, making it the cheapest globally”
“This facility aims to significantly scale U.S. solar power manufacturing, targeting 100 gigawatts of annual domestic production”
“Key support is established at $353.61, with a breach potentially opening the door to $341.35, while resistance is at $363.82”