As investors await a cheaper Tesla, the company released a more expensive one

Tesla isn’t making “EVs affordable for everyone” yet.

1/24/25 9:28AM

After canceling plans to build a mass-market $25,000 car, Tesla last quarter reiterated its plan to “make EVs affordable for everyone” by offering “more affordable models” of its existing lineup in the first half of 2025. Ahead of the company’s fourth-quarter earnings next week, it’s releasing a more expensive one.

Buyers in the US can now order the newly redesigned Model Y, which was made available in China earlier this month, but it will cost them about $60,000 before federal tax credits, which may not be long for this world. That sticker price is up to 25% more than the costliest versions of the older Model Y, which is also still available. The new model features a number of interior and exterior design changes, taking notes from Tesla’s Model 3 revamp and the Cybertruck.

Investors are hoping lower-cost models could stanch lagging sales. The company recently saw its first annual sales decline in over a decade as it struggles with cheaper, seemingly more popular competition.

CEO Elon Musk has also said the company plans to have a low-cost fully autonomous robotaxi in “volume production” next year. We’ll believe it when we see it.

Jon Keegan3/20/26

White House releases AI legislative framework

The White House has released its policy wish list for AI legislation — and what it wants excluded.

Still, the odds of any actual AI regulation getting passed in Congress right now are very slim.

The “National Policy Framework” for AI lays out seven issues that the Trump administration wants to see reflected in any congressional action around AI.

The items listed in the framework include:

Child safety protections, age verification, and parental controls for AI.
Data center projects voluntarily pay their own way when it comes to power, but incentives should still be encouraged.
Copyright laws should allow for training models on copyrighted works, while protecting individuals’ voice and likeness.
Free speech should be defended for AI systems, preventing the government from pressuring companies to ban or alter content based on partisan agendas.
A light touch to regulation to encourage innovation, and no federal agency to regulate AI.
American workers vulnerable to AI job replacement should be retrained and supported.
Federal AI rules should preempt any state AI legislation to prevent a patchwork of laws that companies would hate.

The policy list is the latest in a series of proposals from the AI-friendly Trump administration.

President Donald J. Trump Unveils National AI Legislative Framework

The items listed in the framework include:

Child safety protections, age verification, and parental controls for AI.
Data center projects voluntarily pay their own way when it comes to power, but incentives should still be encouraged.
Copyright laws should allow for training models on copyrighted works, while protecting individuals’ voice and likeness.
Free speech should be defended for AI systems, preventing the government from pressuring companies to ban or alter content based on partisan agendas.
A light touch to regulation to encourage innovation, and no federal agency to regulate AI.
American workers vulnerable to AI job replacement should be retrained and supported.
Federal AI rules should preempt any state AI legislation to prevent a patchwork of laws that companies would hate.

The policy list is the latest in a series of proposals from the AI-friendly Trump administration.

SPACE

CASE

Rani Molla, Nate Becker3/20/26

Jon Keegan3/20/26

WSJ: OpenAI rolling everything into one desktop “superapp”

OpenAI is trying to eliminate distractions and focus on building AI that helps with enterprise productivity tasks like coding and organizing spreadsheets.

As part of that effort, the startup is consolidating some of its “side quests” into one “superapp,” according to a report from The Wall Street Journal.

The plan is to merge ChatGPT, Codex, and the Atlas browser together, as it seeks to focus its efforts as it competes with Anthropic and Google for lucrative enterprise customers.

OpenAI Head of Apps Fidji Simo told staffers in an internal memo that “we realized we were spreading our efforts across too many apps and stacks, and that we need to simplify our efforts. That fragmentation has been slowing us down and making it harder to hit the quality bar we want,” per the report.

Exclusive | OpenAI Plans Launch of Desktop ‘Superapp’ to Refocus, Simplify User Experience

The plan is to merge ChatGPT, Codex, and the Atlas browser together, as it seeks to focus its efforts as it competes with Anthropic and Google for lucrative enterprise customers.

Rani Molla

Semi charmed

3/20/26

What we know about Tesla’s Semi truck as production nears

Musk says “high-volume production” will start this year. Wall Street thinks that’s more like 5,000 to 15,000 trucks.