Tesla’s Giga Berlin production facility will revolutionize the electric automaker’s presence in the highly-concentrated European electric vehicle market. While Tesla holds considerable advantages in EV tech, pricing, range, and performance, it holds another considerably important element that determines a company’s ability to control pricing: battery production. With Tesla planning to manufacture its newly-detailed 4680 cells at the Berlin Gigafactory within two years, according to Economy Minister Jörg Steinbach, the company is setting the stage to infiltrate the intensely-competitive European EV market with the best and most affordable electric cars on the continent in record time.
After being approved for a slice of the $3.5 billion assistance package for the development of Giga Berlin’s 4680 battery plant, Tesla is set in a prime position to dominate the European battery production market. CATL and BASF SE both have large-scale battery manufacturing projects in Germany already, but Giga Berlin’s plant could displace them as Elon Musk once said it could be the biggest in the world.
During the 2020 European Battery Conference in November 2020, Musk said:
“I think it will be the largest. It would be capable of over 100 GWh hours per year of production and then possibly going to 200 to 250. I’m pretty confident at that point it would be the largest battery-cell plant in the world.”
And Tesla will need it. After coming off of a record year in deliveries and production figures, Tesla is continuing to ramp scalability as it tackles international markets for the first time in its history. After expanding to China with its Giga Shanghai plant, which began delivering cars in January 2020, Tesla had already started developing the Giga Berlin property by excavating the grounds and clearing obstacles that were there previously. Now, the factory is well underway and is expected to begin producing cars this Summer.
There still is no exact timeline for the 4680 battery plant, as it could take several years to figure out supply chain details from suppliers to Berlin. Tesla is also still figuring out the manufacturing processes of the 4680 cell at its Kato Road facility in Northern California. Elon Musk has said in the past that 4680 cells have been in working vehicles for some time, but at what scale? Only Tesla knows.
However, Jörg Steinbach, a vocal supporter of Tesla’s Berlin facility, now says the plant could open in two years, Bloomberg reported.
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Tesla’s monster 4680 battery plant in Giga Berlin receives federal gov’t pre-approval
Despite regular hurdles to jump through, Tesla has had assistance from politicians all over Germany. With Steinbach’s support, another Economic Minister, Peter Altmaier, also extended his hand to the electric automaker, offering any help he can to expedite the factory’s construction. Environmental concerns, along with complaints from local citizens, have tied up Tesla from time to time at the factory. Still, construction has been moving along at an impressive rate since the official groundbreaking.
“You have to sometimes translate the culture of our approval procedures, which are also strongly influenced by environmental protection,” Steinbach said.
It is crucial for Tesla to open Giga Berlin so it can expand its outreach in the most EV-concentrated region on Earth. Steinbach says he is “totally relaxed” regarding the plant’s ultimate approval. He still expects EVs to roll off the line in July.
After the 4680 cell plant does open, Tesla will be able to scale-back costs of its EVs. Currently buying many cells from third-party suppliers, Tesla will still do that for the foreseeable future, according to Musk. However, creating more battery cells will decrease the shortage of batteries, making them less expensive and, at the same time, decreasing the price of Tesla’s cars. Because of this important point, the 4680 facility is of utmost importance.
“This project is given top priority,” Steinbach said.
News
Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles).
Tesla has rolled out a series of quiet upgrades to its Model 3 and Model Y in China, enhancing range and performance for long-range variants. The updates come with a price hike for the Model 3 Long Range All-Wheel Drive, which now costs RMB 285,500 (about $39,300), up RMB 10,000 ($1,400) from the previous price.
Model 3 gets acceleration boost, extended range
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles), up from 713 km (443 miles), and a faster 0–100 km/h acceleration time of 3.8 seconds, down from 4.4 seconds. These changes suggest that Tesla has bundled the previously optional Acceleration Boost for the Model 3, once priced at RMB 14,100 ($1,968), as a standard feature.
Delivery wait times for the long-range Model 3 have also been shortened, from 3–5 weeks to just 1–3 weeks, as per CNEV Post. No changes were made to the entry-level RWD or Performance versions, which retain their RMB 235,500 and RMB 339,500 price points, respectively. Wait times for those trims also remain at 1–3 weeks and 8–10 weeks.
Model Y range increases, pricing holds steady
The Model Y Long Range has also seen its CLTC-rated range increase from 719 km (447 miles) to 750 km (466 miles), though its price remains unchanged at RMB 313,500 ($43,759). The model maintains a 0–100 km/h time of 4.3 seconds.
Tesla also updated delivery times for the Model Y lineup. The Long Range variant now shows a wait time of 1–3 weeks, an improvement from the previous 3–5 weeks. The entry-level RWD version maintained its starting price of RMB 263,500, though its delivery window is now shorter at 2–4 weeks.
Tesla continues to offer several purchase incentives in China, including an RMB 8,000 discount for select paint options, an RMB 8,000 insurance subsidy, and five years of interest-free financing for eligible variants.
News
Tesla China registrations hit 20.7k in final week of June, highest in Q2
The final week of June stands as the second-highest of 2025 and the best-performing week of the quarter.
Tesla China recorded 20,680 domestic insurance registrations during the week of June 23–29, marking its highest weekly total in the second quarter of 2025.
The figure represents a 49.3% increase from the previous week and a 46.7% improvement year-over-year, suggesting growing domestic momentum for the electric vehicle maker in Q2’s final weeks.
Q2 closes with a boost despite year-on-year dip
The strong week helped lift Tesla’s performance for the quarter, though Q2 totals remain down 4.6% quarter-over-quarter and 10.9% year-over-year, according to industry watchers. Despite these declines, the last week of June stands as the second-highest of 2025 and the best-performing week of the quarter.
As per industry watchers, Tesla China delivered 15,210 New Model Y units last week, the highest weekly tally since the vehicle’s launch. The Model 3 followed with 5,470 deliveries during the same period. Tesla’s full June and Q2 sales data for China are expected to be released by the China Passenger Car Association (CPCA) in the coming days.
Tesla China and minor Model 3 and Model Y updates
Tesla manufactures the Model 3 and Model Y at its Shanghai facility, which provides vehicles to both domestic and international markets. In May, the automaker reported 38,588 retail sales in China, down 30.1% year-over-year but up 34.3% from April. Exports from Shanghai totaled 23,074 units in May, a 32.9% improvement from the previous year but down 22.4% month-over-month, as noted in a CNEV Post report.
Earlier this week, Tesla introduced minor updates to the long-range versions of the Model 3 and Model Y in China. The refreshed Model 3 saw a modest price increase, while pricing for the updated Model Y Long Range variant remained unchanged. These adjustments come as Tesla continues refining its China lineup amid shifting local demand and increased competition from domestic brands.
Elon Musk
Tesla investors will be shocked by Jim Cramer’s latest assessment
Jim Cramer is now speaking positively about Tesla, especially in terms of its Robotaxi performance and its perception as a company.
Tesla investors will be shocked by analyst Jim Cramer’s latest assessment of the company.
When it comes to Tesla analysts, many of them are consistent. The bulls usually stay the bulls, and the bears usually stay the bears. The notable analysts on each side are Dan Ives and Adam Jonas for the bulls, and Gordon Johnson for the bears.
Jim Cramer is one analyst who does not necessarily fit this mold. Cramer, who hosts CNBC’s Mad Money, has switched his opinion on Tesla stock (NASDAQ: TSLA) many times.
He has been bullish, like he was when he said the stock was a “sleeping giant” two years ago, and he has been bearish, like he was when he said there was “nothing magnificent” about the company just a few months ago.
Now, he is back to being a bull.
Cramer’s comments were related to two key points: how NVIDIA CEO Jensen Huang describes Tesla after working closely with the Company through their transactions, and how it is not a car company, as well as the recent launch of the Robotaxi fleet.
Jensen Huang’s Tesla Narrative
Cramer says that the narrative on quarterly and annual deliveries is overblown, and those who continue to worry about Tesla’s performance on that metric are misled.
“It’s not a car company,” he said.
He went on to say that people like Huang speak highly of Tesla, and that should be enough to deter any true skepticism:
“I believe what Musk says cause Musk is working with Jensen and Jensen’s telling me what’s happening on the other side is pretty amazing.”
Tesla self-driving development gets huge compliment from NVIDIA CEO
Robotaxi Launch
Many media outlets are being extremely negative regarding the early rollout of Tesla’s Robotaxi platform in Austin, Texas.
There have been a handful of small issues, but nothing significant. Cramer says that humans make mistakes in vehicles too, yet, when Tesla’s test phase of the Robotaxi does it, it’s front page news and needs to be magnified.
He said:
“Look, I mean, drivers make mistakes all the time. Why should we hold Tesla to a standard where there can be no mistakes?”
It’s refreshing to hear Cramer speak logically about the Robotaxi fleet, as Tesla has taken every measure to ensure there are no mishaps. There are safety monitors in the passenger seat, and the area of travel is limited, confined to a small number of people.
Tesla is still improving and hopes to remove teleoperators and safety monitors slowly, as CEO Elon Musk said more freedom could be granted within one or two months.
Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
Tesla China registrations hit 20.7k in final week of June, highest in Q2
Tesla investors will be shocked by Jim Cramer’s latest assessment
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