East Bay city tethered to Silicon Valley’s tech engine
Major automakers have pulled several electric models and cancelled projects after federal tax credits ended in 2025, while Q2 2026 US EV sales have recovered sequentially to about 247,226 units. Higher fuel prices, state rebates and low‑cost entrants such as Slate, Fiat Topolino and Chinese brands in Europe are reshaping supply, pricing and consumer demand.
Agility Robotics is expanding Digit deployments in manufacturing and logistics, unveiling a new 60,000-square-foot facility to accelerate commercial use. The company reports proprietary progress in integrating Digit with facilities and warehouse IT, while preparing for a public listing via a reverse merger.
Tesla has reported weak Q2 profits and heavy capital spending on AI, robotaxis and humanoid robots, turning free cash flow negative and sending its shares sharply lower. SpaceX has fallen since its IPO and heavy short interest is piling up. Investors are demanding clearer timelines for robotaxi, Optimus and Tesla–SpaceX collaboration as capital needs rise.
Tesla has escalated its capital expenditure, with second-quarter capex at $5.8 billion and projected annual capex above $25 billion as it expands robotaxi, Optimus, and semiconductor initiatives. Revenue rises, while operating margin declines amid aggressive investments.
Police in Madison shot a suspect who was armed with a knife after a bicycle pursuit through a busy city street. The man died in hospital, four officers are on administrative leave, and a state investigation is underway. The incident has triggered protests and renewed calls for body-worn cameras and police reform.
State Senator Aisha Wahab has won the special election to serve the remainder of Eric Swalwell’s term in California’s 14th district. She will take the seat through January and will face Melissa Hernandez again in November for a full term. Outside groups tied to AIPAC spent millions supporting Hernandez; Wahab called the spending an attempt to buy the seat.