Watch out, McDonald's—Tesla now serves EVs, burgers, and fries. What the Tesla Diner could mean for drivers
Tesla is one of the most dynamic automakers in the industry, particularly when it comes to debuting innovative technology. The company produces electric vehicles and has recently launched a robotaxi service. It is also developing a humanoid robot named Optimus. Tesla has evolved into much more than just an automaker. The Tesla Diner is the latest in a long line of surprises from this clean energy and EV pioneer.
Tesla's California diner is a retro-futuristic diner that allows patrons to charge their EVs and grab a bite, according to Eater. The diner opened its doors at 4:20 PM on July 21 and amassed a huge crowd. So, what's the diner's purpose and what does it serve?
What is the Tesla Diner?
The Tesla Diner offers 24/7 dining and classic diner options like burgers, fries, milkshakes, and breakfast all day long. Tesla drivers can order from their car's infotainment systems and food is served in Cybertruck-shaped boxes.
The Tesla Diner includes a whopping 80 Supercharger stalls and solar canopies. It also features a drive-in theater component with two 45-foot screens.
Try it out. Aiming to be a fun experience for all, whether Tesla owners or not.Will keep improving. https://t.co/9TqAfY3SnO
Elon Musk says the innovative diner will keep improving. The Supercharger stalls at the diner are available to all North American Charging Standard-compatible electric vehicles, not just Tesla models. Additionally, the diner is open to the general public.
Are more Tesla Diner locations coming to the U.S.?
Tesla will establish similar locations in "major cities around the world" if the first location is successful, according to an X post from Musk. The CEO calls it "an island of good food, good vibes, and entertainment, all while supercharging". It's located at 7001 West Santa Monica Boulevard in Hollywood, California.
What does the Tesla Diner mean for the EV space?
The Tesla Diner is the "largest urban Supercharger in the world" according to an X post from the company. Tesla hosts one of the largest electric vehicle charging networks on the planet with over 70,000 global Superchargers. These chargers are capable of replenishing up to 200 miles of driving range in just 15 minutes.
Tesla's Supercharger network has become so useful that several major automakers partnered with the company to offer Tesla Supercharger compatibility to non-Tesla EV owners. This is a net-positive for the EV space because charging infrastructure in North America has a long way to go.
Research from the Harvard Business School says that EV drivers are "dissatisfied with EV charging station pricing models". Additionally, the research concluded that EV chargers are generally less reliable than gas stations, so Tesla's Supercharger network addresses a major pain point for automakers looking to produce competitive EVs.
Brands that partnered with Tesla to provide EV charging to drivers
Tesla's Q2 2025 earnings call is on July 23
Tesla is set to report second-quarter earnings after market close on July 23. The company produced over 410,000 vehicles in Q2 and delivered over 384,000 vehicles, according to a second quarter press release. Potential topics for the upcoming earnings call include the robotaxi service that launched in Austin, Texas and Optimus humanoid robots slated for 2026.
Tesla Optimus giving me popcorn pic.twitter.com/h4tKn0RcAq
Options markets "imply that Tesla will move about 7% up or down, following earnings" says Barron's. The company's share price is having a volatile year thus far, dropping over 41% from January 2 to April 8. What will investors think of the new Tesla Diner?
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Washington Post
an hour ago
- Washington Post
Musk sought to stoke the Trump-Epstein scandal. Mission accomplished.
One person stands vindicated as the enduring fallout of the Jeffrey Epstein scandal haunts President Trump this month: his former adviser and friend Elon Musk. During the public implosion of his alliance with the president in early June, Musk claimed that Trump was refusing to release files related to the Epstein investigation because the president was named in the documents. White House press secretary Karoline Leavitt dismissed the claim as an 'unfortunate episode,' suggesting that Musk's outburst stemmed from frustration with the adverse effects Trump's tax legislation would have on his businesses.
Yahoo
an hour ago
- Yahoo
Is Now a Good Time To Invest in Uber? Here's What Experts Say
Uber Technologies has been one of the best stocks on Wall Street so far in 2025, with shares rising by about 50% year-to-date to far outpace the broader markets. I'm a Financial Advisor: Read Next: The rideshare company's stock hit a record high of $97.71 in early July. Some analysts see the price reaching $120 by year's end — meaning it could be a good time to invest in Uber. Much of the optimism is based on Uber's strong financial results, which include double-digit revenue growth and a continued uptick in bookings. 'A Real Business' One expert with a positive take on Uber is Edward Corona, a Florida-based trader and publisher of The Options Oracle Newsletter. He's targeting a $107 stock price for the rest of the year as long as the company's current positive trends hold. 'Uber is finally acting like a real business — free cash flow is solid, margins are improving, and they've become the default app for way more than just rides,' Corona told GOBankingRates. Although Uber faces a competitive risk from Tesla's robotaxi, Corona calls that a '2026 problem.' For now, Uber's stock chart has 'been in a steady uptrend, and I like it long here,' he added. How To Turn $100K Into a Million: Is Now A Good Time To Buy? Most experts are upbeat about Uber and recommend buying the stock. The vast majority of analysts polled by MarketWatch — 41 out of 57 — have a 'Buy' rating on the stock. The others rate it either 'Overweight' (4 analysts) or 'Hold' (12). As of July 23, the consensus rating is 'Buy' and the average target price is $101.10. A recent analysis from Motley Fool recommended buying Uber shares 'like there's no tomorrow' and cited the following company strengths: Strong revenue growth driven by double-digit increases in gross bookings for mobility and delivery. Competitive advantages from Uber's 'network effect' and ability to leverage 'vast amounts of data.' Although Uber already operates in more than 15,000 cities worldwide, it's still 'not even close' to reaching its full potential. The stock price is still relatively affordable at less than $100 a share. Among the analysts with a particularly bullish take on Uber is Ken Gawrelski of Wells Fargo. As AInvest noted, Gawrelsk recently maintained his 'Overweight' rating on the stock, and raised his price target to $120 from $100. More From GOBankingRates Are You Rich or Middle Class? 8 Ways To Tell That Go Beyond Your Paycheck This article originally appeared on Is Now a Good Time To Invest in Uber? Here's What Experts Say Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
If You Had Invested in Elon Musk's Companies 10 Years Ago, Here's How Much You'd Have Today
You might be wondering just how rich they could be if they'd invested in Elon Musk's companies a decade ago, when he was still just a rich guy and not the richest man alive, according to Forbes. After all, he must have made smart investments to get so rich, right? So why couldn't you be just as rich if you'd invested in the same way? Or at least super rich? So, let's take a look at the companies Musk founded and how they've helped him grow his wealth, as well as how rich you'd be if you'd invested 10 years ago. Check Out: For You: Musk's Companies Musk has indeed grown rich as a result of founding and then selling companies that went on to become very successful. His first company, Zip2, is now long gone, having been absorbed by another company. But it is where he made his first millions when he sold it and made $22 million, according to Forbes. He then took that money and invested in PayPal and that's where our story begins. See Next: PayPal Musk founded PayPal with his friend and business partner at the time, Peter Thiel. Though the application, aimed at allowing businesses to pay each other digitally, didn't get off to a great start, it has since done very well. PayPal is now one of the most used applications for the transfer of funds between parties. Musk is no longer involved with PayPal. In fact, he was removed from the company as CEO and replaced by Thiel by the board. Like with Zip2, the board found Musk to be a less-than-ideal leader. But that doesn't mean his initial idea wasn't great. Indeed, if you invested in PayPal back in 2015, when the company split from eBay to become its own entity, your stock growth would be about 200%. It's not rocket growth, of course, but it's still not bad. As of July 2015, PayPal stock was worth $38 per share, according to Nasdaq. As of June 2025, it's worth $74. So, if you'd invested $10,000 in PayPal 10 years ago, today, you'd have $19,500. Not bad. SpaceX SpaceX is one of the companies Musk is most well-known for. It has helped contribute to better telecommunications via its Starlink offshoot and it is heavily funded by government programs to explore space. Since 2008, the United States taxpayers have paid SpaceX more than $20 billion in government contracts, according to Fox Business. Musk's 42% stake today is valued at $147 billion, according to Forbes. SpaceX is not publicly traded, but you can buy it with a tool like EquityZen. Tesla Tesla is perhaps the other most well-known of Musk's companies. In 2004, two men, Martin Eberhard and Marc Terpenning, founded the car company after the inventor Nikola Tesla to create electric vehicles for eco-conscious drivers. Though Musk invested in Tesla early on and was chairman of the board, he took over as CEO in 2008, after ousting Eberhard. The company continued to do well, but it was not the phenomenon it is today. In 2015, the average closing price of Tesla stock was $16 per share, according to Macrotrends. As of June 2025, Tesla stock, even down from its height, is trading for $317 per share. That's a growth of more than 1,900%. In short, if you invested $10,000 in Tesla stock 10 years ago, you'd have approximately $304,000 today. OpenAI Many people still don't know about OpenAI, Musk's nonprofit, which he co-founded in 2015. The purpose of this company is to research friendly AI that supports humanity. He has since resigned from the board due to Tesla AI conflicts. And because it is a non-profit, privately owned company, investors cannot buy shares, so you would not have been able to make any money here, either. To Invest or Not To Invest? In the end, you can't know for sure what will do well and what won't, but understanding patterns is helpful. This is why it's worth looking back at how investors make their money. It's also helpful to understand that Musk made his first billion not from investing in companies but from buying and selling them, which is a huge difference. If you're going to invest, it might be a good idea to look at index funds and diversified funds, rather than putting all your eggs in one or two baskets. Unless you've got the capital to invest in a startup and the mind to foresee its success. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth How Much Money Is Needed To Be Considered Middle Class in Your State? This article originally appeared on If You Had Invested in Elon Musk's Companies 10 Years Ago, Here's How Much You'd Have Today Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
