Tesla is moving ahead with plans to build a massive AI infrastructure dubbed the Terafab project, with the possibility of a capital increase being discussed. Elon Musk outlined a blueprint mobilising SpaceX, xAI and other key companies. The company also faces uncertainty from delays in European approval for FSD while teasing a next-generation Roadster and other patents. Rival automakers and robotaxi developers are stepping up competition, amid shifting EV market dynamics and rising oil prices.

Socar said on March 19 it will formally expand its premium car-sharing service, Black Label, after launching a pilot in February. The service provides vehicles in top condition after washing and inspections, with at least 80 percent fuel and amenities such as bottled water, charging cables and hand sanitiser. The company said pilot results showed higher hotel and resort visits, longer rentals and more corporate-card payments. Socar expanded models and increased the fleet to 100 vehicles.