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Tesla Semi
Tesla
Semi charmed

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.

Rani Molla

Tesla’s long-awaited Semi trucks are back in the spotlight. The Wall Street Journal reports that truck drivers testing prototype models are enthusiastic — and the rest of us may not have to wait much longer. The company is expected to begin producing and shipping the electric freight trucks, which feature driver-assistance technology, from its northern Nevada factory this summer.

Here’s what we know:

How many

CEO Elon Musk said last month that the Semi would enter “high-volume production this year.” The Journal, citing Tigress Financial Partners, estimates Tesla could produce between 5,000 and 15,000 trucks in 2026, eventually ramping up to 50,000 annually.

That’s a long delay from the truck’s 2017 unveiling, when production was originally slated for 2019.

The Journal also reports that trucking companies have secured $195 million in grants for 1,002 Semis through a California nonprofit that funds zero-emissions trucks. That’s roughly double the number of zero-emissions big rigs currently operating in Southern California.

How much

The Journal, citing people familiar with orders, reports that the trucks cost under $300,000, or about twice as much as a regular diesel truck.

Tesla hasn’t confirmed pricing, but it has consistently argued the Semi will be cheaper to operate per mile. In 2017, Musk said operating costs would be $1.26 per mile versus $1.51 for diesel trucks. More recently, he has framed it more broadly, saying it will be “better than a diesel truck.”

How far

The Semi comes in two versions: one with a 325-mile range and another with a 500-mile range, or about double that of some competing electric big rigs.

Tesla says the battery can charge to 60% in 30 minutes. That’s fast for an EV, but still slower than refueling a diesel truck.

A fully loaded Semi can go from 0 to 60 mph in about 20 seconds. One driver told the Journal he was able to haul a 25,000-pound load up a mountain pass with ease.

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Meta pushes deeper into AI robots with acquisition

Meta just bought robotics AI startup Assured Robot Intelligence, Bloomberg reports, doubling down on its push into humanoid tech. The team will join Meta’s Superintelligence Labs to build models that let robots “understand, predict and adapt to human behaviors in complex environments.”

The goal, Bloomberg says, is to be the Android of robots: building the software and hardware foundation others can use.


The move comes right after China forced Meta to let go of its acquisition of agentic AI startup Manus.

CEO Mark Zuckerberg joins Tesla’s Elon Musk and Amazon’s Jeff Bezos in racing into AI-powered robots.

CEO Mark Zuckerberg joins Tesla’s Elon Musk and Amazon’s Jeff Bezos in racing into AI-powered robots.

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Apple’s capital spending is heading the opposite direction of Big Tech

The big story in Big Tech has been just how much they’re spending on capex to furnish their AI futures. Not only are Alphabet, Amazon, Meta, and Microsoft spending more than ever, they’re also spending more than they said they would just a quarter earlier. In total, their 2026 capital expenditure bill is now slated to surge beyond $700 billion.

Apple, by contrast, continues to take a different approach. The company has lagged peers in developing its own frontier AI models and has leaned more on partnerships. The strategy certainly doesn’t seem to be hurting Apple yet. The company posted record revenue in the March quarter that beat analysts’ expectations this week, even without a robust AI offering.

Apple’s capex actually fell in the March quarter. Its payments for acquisition of property, plant, and equipment totaled about $1.9 billion in its fiscal second quarter, down 36% from roughly $3 billion a year earlier. So on a year-over-year basis, Apple’s capex declined while everyone else’s jumped sharply.

Tesla’s related party transactions in 2025

Elon Musk’s companies more than doubled their spending on each other last year

And that’s before Tesla invested $2 billion in xAI, which it has since converted to a stake in SpaceX.

tech

Tim Cook: Popular Mac mini and Mac Studio will be constrained for “several months”

Apple may have missed out on the first wave of generative AI when it comes to software, but its hardware is another story.

The current OpenClaw craze — where users run their own AI agents on a dedicated computer in their homes, and chat with it via messaging apps — has made the once sleepy Mac mini and pro-level Mac Studio an unlikely hit.

Reports of shortages are not lost on Apple.

During this week’s earnings call, outgoing CEO Tim Cook acknowledged the supply constraint of the popular desktops:

“On the Mac mini and the Mac Studio, both of these are amazing platforms for AI and agentic tools, and the customer recognition of that is happening faster than what we had predicted. And so we saw higher-than-expected demand.”

Cook noted that the Mac mini was the top-selling desktop computer in China last quarter, where the DIY agentic AI boom is especially popular. In addition to strong customer demand, Cook cited supply chain constraints adding to the problem, which “may take several months to reach supply/demand balance.”

The Mac mini is one of the products that Apple will be making in the US starting later this year.

Reports of shortages are not lost on Apple.

During this week’s earnings call, outgoing CEO Tim Cook acknowledged the supply constraint of the popular desktops:

“On the Mac mini and the Mac Studio, both of these are amazing platforms for AI and agentic tools, and the customer recognition of that is happening faster than what we had predicted. And so we saw higher-than-expected demand.”

Cook noted that the Mac mini was the top-selling desktop computer in China last quarter, where the DIY agentic AI boom is especially popular. In addition to strong customer demand, Cook cited supply chain constraints adding to the problem, which “may take several months to reach supply/demand balance.”

The Mac mini is one of the products that Apple will be making in the US starting later this year.

tech

Apple’s iPhone is the top-selling smartphone in urban China

Apple’s second-quarter earnings beat expectations and underscore its growing strength in China, where it is closing in on the top spot in the smartphone market.

“We are thrilled with the performance in Greater China,” CEO Tim Cook said, noting that the iPhone was “the top-selling model in urban China.” Cook first called the iPhone the rather than a top-selling model there during the company’s first-quarter earnings earlier this year.

Data from IDC and Counterpoint Research shows Apple accounted for 19% of smartphone shipments in China in the first calendar quarter of 2026, just behind Huawei at 20%. Analysts say Apple is poised to take the lead soon, helped in part by rising memory chip costs, which are pushing up competitors’ prices.

Apple’s China revenue rose 28% in the March quarter, ahead of analyst estimates, and is up 33% in the first half of the year.

Data from IDC and Counterpoint Research shows Apple accounted for 19% of smartphone shipments in China in the first calendar quarter of 2026, just behind Huawei at 20%. Analysts say Apple is poised to take the lead soon, helped in part by rising memory chip costs, which are pushing up competitors’ prices.

Apple’s China revenue rose 28% in the March quarter, ahead of analyst estimates, and is up 33% in the first half of the year.

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