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The Boring Company to unveil tunnel and car elevator on December 18th
According to tweets by both The Boring Company and its famous founder, Elon Musk, the answer to “soul-crushing traffic” will have to wait a few days longer. The anticipated opening event marking the completion of their 2-mile test tunnel project originally scheduled for December 10th has now been shafted…er, shifted to December 18th. No reason was given for the postponement; however, as of this last Tuesday, the incomplete construction status of a corresponding watchtower may have been pointing towards the general state of a few items needing to be finalized before doors officially open.
Tunnel opening now set for 12/18. Need another few days to finish the snail habitat. More details soon!
— The Boring Company (@boringcompany) December 6, 2018
In a further tease about the company’s nearing event, the Tesla CEO also dropped a few hints for tunnel-specific transports, one being a modified autonomous car for above-ground roads and the other an elevator to carry cars between the ground and the tunnel. As for the promised snail habitat? Perhaps it’s for transport speed appreciation, perhaps it was just a suggestion by a machine operator with a boring lunch break. Either way, given Musk’s penchant for unusual and cultural humor (to include Monty-Python inspired job interviews), it’s a tough call whether any shelled greeters will meet event attendees.
Boring Company product launch on Dec 18. More than a tunnel opening. Will include modded but fully road legal autonomous transport cars & ground to tunnel car elevators.
— Elon Musk (@elonmusk) December 7, 2018
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Began in 2017, the company’s initial construction project was a shaft tunnel entrance on Crenshaw Boulevard across from the Hawthorne, California headquarters of SpaceX, Musk’s private rocket company. The 20-foot-plus opening was built to host Boring’s garage-elevator concept for lifting and lowering vehicles in and out of the coming tunnels, and a second shaft was dug out two miles away at the 120th Street/Prairie Avenue crossroad of Hawthorne, marking the tunnel’s end. Midway between the two points sits O’Leary Station, another shaft surmised to demonstrate vehicles entering and exiting tunnels outside primary end caps via a concept “garage-elevator”. The Station was named after Patrick O’Leary, Boring Company’s Structures Engineering Designer.
While free rides in the tunnel will be open to the public following the company’s grand opening event, the O’Leary elevator will not share the same status. Instead, it will remain a testing site for shuttling vehicles back and forth between SpaceX and the station, along with moving vehicles in and out of a private residence acquired for the purpose. This testing will help Boring gather data to expand its reach to other areas that could benefit from the technology.
The grander vision behind Boring’s test tunnel is to eventually overhaul traffic infrastructure systems in city-wide projects. Musk’s Twitter-joke-turned-company has done some growing down, and has even negotiated high-speed transit proposals with government officials in Chicago. Stay tuned for the next not-a-boring-chapter soon to be revealed!
News
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands.
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.
Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun.
“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website.
-->This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.
Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.
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Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
-->For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
Tesla sees sharp November rebound in China as Model Y demand surges
