(Kevin Dietsch/Getty Images)

Downward DOGE

What's going on with Tesla's share price? It's complicated.

The EV company is facing headwinds from regulators and itself.

6/25/25 11:35AM

Tesla is currently down about 5% today. If that holds, it would be the famously volatile stock’s biggest drop since... the beginning of the month when CEO Elon Musk publicly fell out with President Donald Trump.

Despite what was mostly viewed as a successful robotaxi launch this weekend, which sent shares soaring, the stock is still down 20% this year.

There’s a lot going on right now that could be affecting Tesla’s price. Here are some major considerations:

Today the European Automobile Manufacturers’ Association released official data showing that Tesla’s European sales fell for the fifth straight month in May. Sales were down 28% in May even while overall EV sales grew about the same amount. Tesla analysts unofficially knew about the drop earlier this month, but this is just the latest in a series of disappointing sales numbers.
Tesla blog Teslarati posted a video of the human safety driver, who sits in the front passenger seat during robotaxi rides, having to intervene in order to avoid a collision with a UPS truck. The presence of a Tesla employee in the vehicle undercuts the company’s autonomy assertions.
Google’s Waymo launched yesterday in Atlanta, its fifth major market. The size of Waymo’s operation dwarfs Tesla’s. And unlike Tesla’s robotaxi launch, there are no people in the Waymos and the service is open to the public.
It’s also not just Waymo charging into the self-driving space. Last week on a podcast, OpenAI CEO Sam Altman said, “We have some new technology that could just do self-driving for standard cars way better than any current approach has worked.”
Business Insider reported that Tesla Model Ys used as robotaxis are getting hardware upgrades, which might undermine the idea that every Tesla is “capable of being a robotaxi.”
In France, regulators have asked Tesla to stop “deceptive” claims about its vehicles’ self-driving capabilities or face fines. Tesla, of course, has staked its future on autonomy.
The deadline is looming for Tesla’s long-promised and long-awaited “more affordable models,” and they’re nowhere to be seen. Despite Tesla’s autonomous ambitions, its regular vehicles still make up the vast majority of its revenue.

Chris Stokel-Walker

Bot bias

6/17/26

Companies are getting AI chatbots to smear their competitors

The race to influence AI chatbots is leading to some companies to adopt shady competitive tactics.

Tom Jones6/17/26

Prediction markets have, predictably, been given a boost by the summer of sports

Major platforms like Kalshi and Polymarket have seen huge upticks in users of late, thanks in no small part to what’s felt like a recent sporting smorgasbord, with major competitions across hockey, basketball, and soccer soaking up fans’ time (and spending, clearly) at the outset of summer.

While gaming industry groups may not like it, there’s been a huge change in the methods people are using to put money on the big games, with everyone from fortunate NYC bar owners, to a far less fortunate Spanish supporter, turning to prediction markets to try and turn their sports know-how into cold, hard cash.

According to a new report from Adam Blacker for apptopia, that shift might have been even more seismic than imagined in the wake of the NBA and NHL finals and around the 2026 World Cup kicking off.

2026 World Cup Reverses Seasonal Lull for Sports Betting Apps

According to a new report from Adam Blacker for apptopia, that shift might have been even more seismic than imagined in the wake of the NBA and NHL finals and around the 2026 World Cup kicking off.

South by Southwest Conference and Festivals

Gold Tesla Cybercabs are piling up, but they’re not picking up passengers yet

Low-volume production started in April. Now people are noticing them more and more in the wild.

Rani Molla6/15/26

Millie Giles

TAKING ACCOUNTS

6/15/26

Britain announces social media ban for under-16s starting early 2027

The UK government plans to use the same model for the restrictions as Australia — but how successful has that case study been so far?

UK Prime Minister Announces Under-16s Social Media Ban

Jon Keegan6/15/26

Anthropic pulls Fable and Mythos access worldwide after Trump administration bars their use by foreign nationals

Only days after releasing two versions of its next-gen AI model, Anthropic has disabled them for users worldwide.

Anthropic says it received a Friday night order from the Trump administration to suspend access to the models for any foreign national (anywhere in the world) — a group that included some Anthropic employees. In response, the company turned off access to everyone.

Last week, the company released to the public its much-anticipated Claude Fable 5 model (and its restricted version Claude Mythos 5, which is still being tested with trusted partners). Anthropic said in a blog post announcing the action that officials cited national security concerns with the new models, while offering few specific details.

The post said that the government gave the company “verbal evidence of a potential narrow, non-universal jailbreak” of the public Fable 5 model. A jailbreak is a means by which users can evade restrictions built into the code to unlock prohibited functionality. Anthropic downplayed the significance of the attack, and said other major models, such as OpenAI’s GPT-5.5, could also be affected by the technique described.

Fears of these first Mythos-class models being misused are running high, after Anthropic warned the cybersecurity world in May that the advanced cyber capabilities of Mythos have rapidly discovered thousands of vulnerabilities in ubiquitous software, leading to the decision to restrict the full version of the model to a close group of trusted partners for testing.

This morning, Axios reported that Anthropic technical staff have flown to Washington to meet with White House officials to resolve the issue.

The Wall Street Journal is reporting that the Trump administration’s decision to take action against Anthropic was prompted by discussions that Amazon CEO Andy Jassy had with officials, including Treasury Secretary Scott Bessent. According to the report, Amazon researchers said they had been able to evade some of Fable 5’s security restrictions using specific prompts. Amazon is a major investor in Anthropic.

Anthropic is currently suing the US government to fight the Pentagon’s blacklisting of the company on national security grounds.

Statement on the US government directive to suspend access to Fable 5 and Mythos 5