The report says Tesla started producing the Semi electric truck and recorded $573 million in sales to SpaceX and xAI in the previous year, adding context to the stock’s weekly gain.
Tesla stock was higher for the week as the company began production of its Semi electric truck and disclosed $573 million in sales to SpaceX and xAI during the last year. The figures point to two separate developments: progress on a long-watched commercial vehicle program and a notable amount of revenue from related-party transactions. Semi production matters because it marks movement on Tesla’s heavy-duty electric trucking strategy, while sales to SpaceX and xAI show business ties within Elon Musk’s broader corporate network.