News
Chevrolet Bolt EV owners may have trouble with parking after battery recalls
Chevrolet Bolt EVs have been in the news quite frequently as of late due to their extensive recall from General Motors due to battery cell malfunctions that could cause fires. However, a parking lot is taking precautions to an extreme measure by banning Bolt EVs from their facility due to the recalls, which have been heavily covered in the past few weeks.
The Bolt EV has had recalls three times over the past year due to battery issues. The first was in November 2020, with the second and third coming within the last several months after battery malfunctions in cells provided by LG Energy Solutions could have “the simultaneous presence of two rare manufacturing defects in the same battery cell.” GM’s second recall covered 69,000 vehicles total. Still, the company then decided to extend the recall by spending an additional billion dollars on other vehicles that were not listed in the initial recalls “out of an abundance of caution.” So far, GM has spent $1.8 billion on the recall since Q2.
How the Chevy Bolt EV became GM’s 1.8 billion dollar problem
GM encouraged owners to limit their state of charge to 90% and avoid depleting their battery below 70 miles of remaining range when possible. Additionally, owners were encouraged to park their vehicles outside after charging and not charge their cars overnight as a precaution.
Because of the mass amount of media attention the Bolt EV recall has received, some entities are now banning the vehicle’s presence on its premises. A parking lot in San Francisco is one example.
A sign was seen at the lot by Reddit user u/scarls13, who took a picture of the warning that read:
“For customer safety:
CHEVROLET BOLT EVs are STRICTLY PROHIBITED from parking at this facility.
Thank you for your compliance!”
The owner of the lot likely was taking a necessary and understandable precaution, but this sort of message could be detrimental to the development of electric vehicles. Just as media coverage fixates on instances of Tesla Autopilot irresponsibilities, EV fires, and commonly spread misinformation regarding EVs in general, the Bolt EV story has become a mainstay of fear for those who are still skeptical of the EV movement. It is important to remember that GM, Chevrolet, and LG Energy Solutions have taken drastic steps to fix the issue, even recalling non-effected vehicles to have battery packs replaced to prevent further events of combustion.
Statistically, EV fires are not a common occurrence. FEMA stated that 171,500 vehicle fires occurred annually on average between 2014 and 2016. Only 10 of these fires were Bolts, and ICE vehicles made up a vast majority of the vehicles that caught fire. The 269 million vehicles on the road in the U.S. in 2016 and one in 1,569 fossil fuel-powered vehicles caught fire during that time. Furthermore, there were 1.2 million EVs in China in 2018, but one in 30,000 vehicles caught fire. This effectively means that an ICE vehicle was twenty-times more likely to catch fire than an EV, according to Forbes.
Of course, it is understandable to be preventative and safe, but the Bolt EV fires are still a statistically rare occurrence. GM admitting its wrongs and pushing toward full replacements of battery cells to prevent future instances of fires should begin to take control of signs like the ones above, but lot owners are within their rights to refuse service to anyone for any reason.
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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.
News
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.
Investor's Corner
Tesla bear gets blunt with beliefs over company valuation
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.
