News
Elon Musk’s Boring Co. tunnel system makes headway with LA Mayor
Elon Musk tweeted that progress is being made with securing political support for The Boring company after ‘promising conversations with @MayorOfLA (Eric Garcetti) regarding tunnel network’.
Gaining support of leading political figures, especially from Los Angeles city Mayor Eric Garcetti, would set a high water mark for the upstart company and stimulate laggard cities that might not otherwise be as supportive of the proposed underground transportation network.
Promising conversations with @MayorOfLA regarding tunnel network that would carry cars, bikes & pedestrians. Permits harder than technology. https://t.co/0dxrXBOOWy
— Elon Musk (@elonmusk) June 18, 2017
The tweet does not signify an official statement of support for the network, but rather seems to be a foot in the door for Musk and the team at The Boring Company which seeks to secure permits for tunneling outside of Hawthorne, home to SpaceX HQ.
ABC 7 reporter Adrienne Alpert hinted that there ‘could be an express train to Union Station to [Los Angeles International Airport]’ after a talk with Mayor of Los Angeles Eric Garcetti. The interview with the Mayor also touched on his plans to create a Silicon Valley of the South in LA while land in the area is still relatively cheap.
https://twitter.com/abc7adrienne/status/876114755169079296
Musk noted in his tweet that the permitting process was more complex than the actual technological improvements the company was looking to make with boring.
The Greater Los Angeles area is admittedly one of the more complex areas in the world that Musk’s The Boring Company will have to navigate when it comes to regulatory approval. The densely packed cities, powerful residents, fears over instability of the ground in the event of an earthquake, and concerns over what would happen to upwards of 30 tunnels in close proximity in an earthquake contribute to the problem. Time will tell what effect the permitting complexity and delays will have on the project, though today’s tweet demonstrates Musk’s positive outlook for the project and his willingness to continue pushing forward.
Musk shared a video at TED2017 demonstrating his plan to create a multi-layer high-speed tunnel infrastructure to support mobility by way of electric skates and Hyperloop tubes. The serial tech entrepreneur envisions loading docks wherein vehicles would simply pull into the skate, get lowered into the tunnel network, and be sent along a slot car-like track at speeds of 200 km/h ( 124 mph). The Boring Company’s tunnel network won’t simply alleviate surface congestion, it will completely transform the way we move cars, people and freight, says Musk.
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.

