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The logo of Tesla seen at one of its showroom. Tesla announced its Q1 2021 earnings today.
Toby Scott | LightRocket | Getty Images

Tesla delivered 241,300 electric vehicles during the third quarter of 2021, the company reported Saturday.

The quarter’s deliveries topped expectations. Analysts predicted that Tesla would deliver around 220,900 electric cars during this period, according to estimates compiled by StreetAccount as of September 30.

The company produced 237,823 cars in the period ending September 30, 2021, Tesla said in its report. Of that, 228,882 were its Model 3 and Y vehicles, its more affordable mid-range offerings.

The remainder produced amounted to 8,941 of its Model S and X vehicles.

Last quarter, Tesla delivered 201,250 vehicles and produced 206,421 cars, even as production of its Model S and X vehicles fell below 2,500.

“Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more,” the company said in a statement.

Tesla does not break out delivery numbers by model, nor does it report sales or production numbers from China versus the U.S. (Deliveries are the company’s closest approximation of vehicle sales.)

The press release announcing the production and deliveries report was dated Austin, Texas. Tesla’s web site still lists its headquarters as being in Palo Alto, Calif., but Elon Musk moved to Texas last year and the company is building a new factory in the Austin area.

Tesla is also planning to host its annual shareholder meeting at its plant, now under construction, near Austin on October 7. Musk previously threatened to move Tesla’s headquarters out of California in the spring of 2020 when the state’s Covid-related health orders required Tesla’s Fremont factory to temporarily suspend operations for a few weeks.

At the time, California Gov. Gavin Newsom told CNBC he was “not worried about Elon leaving any time soon,” and voiced support for Tesla.

Elon Musk‘s electric vehicle maker now produces cars at its Shanghai plant, and U.S. factory in Fremont, California, while continuing to produce batteries domestically with Panasonic at their sprawling facility outside of Reno, Nevada.

During the period ending September 30, 2021, Tesla began to ship some lithium iron phosphate batteries from China to be used in Model 3 vehicles made for customers in the U.S.

Tesla also temporarily suspended some operations at its vehicle assembly plant in Shanghai, where it makes cars for customers in China and Europe. The halts were attributed to a global semiconductor shortage, which has posed a challenge to Tesla all year, and plagued the entire auto industry.

New battery electric models, notably Rivian’s R1T and Lucid Motors’ long-delayed luxury Lucid Air sedan, are now in production and selling to customers in the U.S., an indication that competition is heating up in key markets for Tesla.

At the same time, interest in electric vehicles is rising too, even in the U.S. a laggard in adoption compared to China and Europe.

According to a June 2021 survey from Pew Research, 39% of Americans say that “the next time they purchase a vehicle, they are at least somewhat likely to seriously consider electric.” About 7% of Americans said they have already purchased a pure battery electric or hybrid-electric vehicle.

That demand is only encouraged by rising fuel costs and environmental regulations.

For example, in China, government programs make it far quicker and cheaper to get license plates for electric vehicles than internal combustion engine vehicles. The Chinese government has also offered subsidies, tax breaks and invested in charging infrastructure to encourage EV production and adoption.

Meanwhile, President Joe Biden set a voluntary target for half of all new vehicle sales in the US to be electric models by 2030– including battery electrics, plug-in hybrids, and hydrogen fuel cell vehicles. The move is part of the Biden administration’s pledge to reduce U.S. emissions by in half by 2030.

Piper Sandler senior research analyst Alexander Potter, a bull with a $1,200 price target for shares of Tesla, wrote in a note on September 27:

“Tesla’s share of the battery electric vehicle (BEV) market will almost certainly fall – because many peers haven’t started selling BEVs yet. But we fully expect Tesla’s share of the overall market to continue rising, and we stress that declining BEV market share should not be considered a bearish signal… After all, Tesla is competing against vehicles of all types – not just against other electric vehicles.”

Auto Forecast Solutions Vice President Sam Fiorani agreed. He said, “Tesla has such a head start on the competition in the EV market that it is unlikely for anyone to pass them anytime soon. The Cult of Tesla will keep buyers attached to the brand for years to come. Even Audi and Mercedes are finding it difficult to tap into the same type of aura. While their market share will decrease, Tesla will keep the leadership position for years to come without a major misstep from within the company.”

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‘Witch hunt’: Ex-EU commissioner Breton denounces U.S. visa ban targeting ‘censorship’

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'Witch hunt': Ex-EU commissioner Breton denounces U.S. visa ban targeting 'censorship'

A former EU commissioner has hit back after receiving a U.S. visa ban for alleged censorship.

The Trump administration imposed visa bans on Thierry Breton, a former European Union commissioner behind the Digital Services Act (DSA), and four anti-disinformation campaigners, accusing them of censoring U.S. social media platforms.

“The State Department is taking decisive action against five individuals who have led organized efforts to coerce American platforms to censor, demonetize, and suppress American viewpoints they oppose,” Secretary of State Marco Rubio said in a statement.

He added that “these radical activists and weaponized NGOs have advanced censorship crackdowns by foreign states—in each case targeting American speakers and American companies.”

As such, their entry to the U.S. has “potentially serious adverse foreign policy consequences,” he said.

“Based on these determinations, the Department has taken steps to impose visa restrictions on agents of the global censorship-industrial complex who, as a result, will be generally barred from entering the United States.”

Breton, who served as EU commissioner between 2019 and 2024, wrote on X: “As a reminder: 90% of the European Parliament — our democratically elected body — and all 27 Member States unanimously voted the DSA.”

“To our American friends: “Censorship isn’t where you think it is.””

President Trump expands travel ban

It comes as President Donald Trump continues to ramp up travel restrictions for foreign visitors and criticizes Europe.

Rubio did not identify who his department had taken action against, however Under Secretary for Public Diplomacy Sarah Rogers later did so on X.

Josephine Ballon, the co-leader of HateAid who serves on Germany’s Advisory Council of the Digital Services, was among those working on anti-disinformation campaigns to receive sanctions. Her co-leader Anna-Lena von Hodenberg was also affected. CNBC has reached out to Ballon and Von Hodenberg for comment.

The bans are part of efforts to enforce what Rogers refers to as a “red line” for the U.S. and the “extraterritorial censorship of Americans.”

In an interview with GB news on Dec. 4, Rogers took aim at the U.K.’s Online Safety Act (OSA), saying the law was being applied extraterritorially, accounting for U.S. citizens’ speech about U.S. politics on U.S.-based platforms.

Europe’s DSA and the U.K.’s OSA are among only a handful of pieces of legislation designed to keep the power of Big Tech in check and improve safety for children online.

The DSA forces tech giants like Google and Meta to police illegal content more aggressively, or face hefty fines, while the OSA law requires age verification on adult sites and a number of other platforms.

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Waymo will update driverless fleet after San Francisco blackout to improve navigation during outages

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Waymo will update driverless fleet after San Francisco blackout to improve navigation during outages

A Waymo car is halted on the road amid a power outage in San Francisco, California, U.S., December 20, 2025, in this screengrab obtained from a social media video.d

Reuters

Three days after a blackout in San Francisco caused Waymo to pause its driverless car service, the Alphabet-owned company said it’s updating its fleet so its vehicles are better prepared to respond during future outages.

“We’ve always focused on developing the Waymo Driver for the world as it is, including when infrastructure fails,” the company said in a blog post late Tuesday.

Power outages began early afternoon on Saturday in San Francisco and peaked roughly two hours later, affecting about 130,000 customers, according to Pacific Gas and Electric. As of Sunday morning, about 21,000 customers remained without power. PG&E said a fire at a substation resulted in “significant and extensive” damage.

With stoplights and traffic signals not functioning, the city was hit with widespread gridlock. Videos shared on social media appeared to show multiple Waymo vehicles stalled in traffic in various neighborhoods.

“We directed our fleet to pull over and park appropriately so we could return vehicles to our depots in waves,” Waymo said in Tuesday’s blog post. “This ensured we did not further add to the congestion or obstruct emergency vehicles during the peak of the recovery effort.”

San Francisco Mayor Daniel Lurie said in an update on X Saturday evening that police officers, fire crews, parking control officers and city ambassadors were deployed across affected neighborhoods.

Waymo said that it’s analyzing the event, and is taking three “immediate steps.”

The first involves “fleet-wide updates” to give vehicles “more context about regional outages,” so cars can take more decisive actions at intersections. The company said it’s also improving its “emergency response protocols,” and is coordinating with Mayor Lurie’s team in San Francisco to better collaborate in emergency preparedness. Finally, Waymo said it’s updating its first responder training “as we discover learnings from this and other widespread events.”

In addition to the Bay Area, Waymo currently serves paid rides to the public in and around Austin, Texas, Phoenix, Atlanta and Los Angeles. The company recently crossed an estimated 450,000 weekly paid rides, and said in December it had served 14 million trips in 2025, putting it on pace to end the year at more than 20 million trips total since launching in 2020.

“Backed by 100M+ miles of fully autonomous driving experience and a record of improving road safety, we are undaunted by the opportunity to challenge the status quo of our roads, and we’re proud to continue serving San Franciscan residents and visitors,” the company said in Tuesday’s blog.

— CNBC’s Lora Kolodny and Jennifer Elias contributed to this report.

WATCH: Waymo service resumes after errors cause issues in San Francisco

Waymo service resumes after errors cause issues in San Francisco

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Motive, an Alphabet-backed fleet management software company, files for IPO

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Motive, an Alphabet-backed fleet management software company, files for IPO

Direxion signage at the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 22, 2025. The holiday-shortened week started with gains in stocks amid a broad advance that saw a continuation of the bullish momentum on Wall Street.

Michael Nagle | Bloomberg | Getty Images

Motive, a company with software for managing corporate trucks and drivers, on Tuesday filed for an initial public offering on the New York Stock Exchange under the symbol “MTVE.”

The paperwork puts Motive among a fast-growing group of tech companies looking to go public in 2026. Anthropic, OpenAI and SpaceX have all reportedly considered making their shares widely available for trading next year.

Motive is smaller, reporting a $62.7 million net loss on $115.8 million in revenue in the third quarter. The loss widened from $41.3 million in the same quarter of 2024, while revenue grew about 23% year over year. The company had almost 100,000 clients at the end of September.

Ryan Johns, Obaid Khan and Shoaib Makani started Motive in 2013, originally under the name Keep Truckin. Makani, the CEO, is Khan’s brother-in-law.

Investors include Alphabet’s GV, Base10 Partners, Greenoaks, Index Ventures, Kleiner Perkins and Scale Venture Partners.

Motive’s AI Dashcam device for detecting unsafe driving “has prevented 170,000 collisions and saved 1,500 lives on our roads,” Makani wrote in a letter to investors. Most revenue comes from subscriptions, although Motive does sell replacement hardware and professional services.

The San Francisco company changed its name to Motive in 2022, and as of Sept. 30, it employed 4,508 people. Motive employs 400 full-time data annotators who apply labels that are meant to enhance artificial intelligence models.

Motive has ongoing patent-infringement litigation with competitor Samsara, which went public in 2021 and today has a $22 billion market capitalization.

WATCH: AI IPO boom next year? The changing 2026 IPO landscape

AI IPO boom next year? The changing 2026 IPO landscape

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