News
Grünheide Mayor shares update on Tesla Giga Berlin’s proposed expansion plan
Grünheide Mayor Arne Christiani has written a letter outlining an updated proposal for Tesla Giga Berlin’s planned expansion. The new proposal would involve Tesla cutting significantly fewer trees than initially intended, among other things. The proposal comes after the residents of Grünheide voted to deny Tesla’s request to clear out another 100 hectares of monoculture forest from the area.
Giga Berlin’s forest clearing activities have attracted criticism since the facility’s earliest days. More recently, anti-Tesla protesters have even gone so far as to build treehouses to show their defiance of the EV maker’s tree-clearing plans. What has been lost over the years, however, is the fact that the trees in the Giga Berlin complex are not a natural forest. Instead, it is a tree farm that’s originally intended to be used for cardboard, as noted by Elon Musk back in 2020.
Giga Berlin / GF4 will absolutely be designed with sustainability and the environment in mind— Elon Musk (@elonmusk) January 25, 2020
Despite this, Tesla’s tree-clearing activities have remained controversial. This came to a head recently when Grünheide residents were asked to vote for or against Giga Berlin’s planned expansion, which would, unsurprisingly, involve more of the monoculture forest being cut down. Ultimately, residents decided to vote against the EV maker’s plans. But in his letter, Grünheide Mayor Christiani noted that Tesla could adjust its plans so that less of the tree farm would be cut down.
Following is a translated version of the Grünheide Mayor’s letter.
After the vote of the citizens of #Grünheide against clearing another 100 ha at #GigaBerlin, a new sketch for an adjusted development plan has been published.
This would make all planned infrastructure projects possible, while saving 70 ha of forest.https://t.co/ID3FDn5z0n pic.twitter.com/0A7g611MsI— Tobias Lindh (@tobilindh) March 14, 2024
Dear residents,
Dear municipal representatives,
First of all, I would like to thank you all for the high level of participation in the residents’ survey.
The result of the residents’ survey on the submitted B-Plan No. 60 was clear to us, and we respect the opinions expressed.
Why is B-Plan No. 60 so important?
In my view, B-Plan No. 60 is urgently needed, as otherwise, the necessary transport infrastructure projects cannot be implemented in the foreseeable future, which would have considerable negative consequences for our community and the environment.
What has been adapted?
1. Preservation of 70.3 ha of Forest
The primary planning objective is to preserve as much of the forest as possible on the area covered by development Plan No. 60. To this end, around 47 ha, which was originally planned as industrial land, is now designated as forest land. In addition to further forest areas, which are secured by a planting commitment, a total of around 70.3 ha of forest will now be preserved. The adjusted planning is thus intended to take account of your wishes and ensure that the forest is preserved as far as possible under planning law.
2. State Roads and Goods Station
The existing traffic infrastructure cannot cope with the foreseeable volume of traffic. The other primary planning objectives are the creation of a planning law for the adapted and optimized planning of the state roads L 386 (as a relief for the existing L 38) and L 23, as well as for the possible realization of a company-owned goods station. This freight depot is the necessary prerequisite for the fact that significant volumes of traffic can be handled by rail, which will considerably reduce the volume of traffic on the roads in our districts.
Contrary to the frequent assertion that the construction of a freight station would also be possible on the existing site of the electric car manufacturer, it must be said that this is not possible due to the relocation of a Deutsche Bahn switch to the east and therefore due to technical railroad requirements. This also requires an adjustment to the planning for the L 386 already established in B-Plan No. 13, 1st amendment.
The original intention of the planning to significantly expand the operational area for the Gigafactory is now reduced to a small extent and only made possible to the extent that the connection of the factory premises to the L 386 can take place.
Another frequently voiced assertion that the establishment of development Plan no. 60 was intended to create a prerequisite for increasing production capacities must also be rejected! This was never the aim of the planning! It was merely a matter of creating additional storage and logistics space as well as the possibility of accommodating employee-related facilities. The latter facilities have now been completely omitted. Areas for storage and logistics will be significantly reduced in size.
The public and authorities will be consulted again on the amended draft of B-Plan No. 60 from 21.03.2024 to 04.04.2024 in accordance with Section 4a (3) BauGB.
For you and our municipality of Grünheide (Mark).
Arne Christiani
Mayor
Below are the updated plans for Tesla Giga Berlin’s proposed expansion.
Entwurf BPlan Gemeinde Gr Nheide Mark by Simon Alvarez on Scribd
Mayor Christiani’s letter can be viewed below.
Erkl Rung B Plan Gem.gr Nheide Mark by Simon Alvarez on Scribd
Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.
Investor's Corner
Tesla reports Q3 Earnings today: here’s what to expect
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
News
SpaceX confirms Starship 15 launch window with massive ambitions
SpaceX confirmed the date of Starship’s 15th launch window with some massive ambitions for the mission, as it will attempt to catch Ship for the first time.
CEO Elon Musk confirmed during SpaceX’s Earnings Call last night on October 20 that it would launch Starship for its 15th test flight in November, and there are some incredible things the company wants to try, making it perhaps the most groundbreaking launch in the program’s history.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
The most major development of the call was SpaceX’s intention to catch Ship alongside catching the Super Heavy Booster, something that has happened in the past. SpaceX showed an animation of the Ship catch, which will be done on the launch tower’s chopsticks:
SpaceX has released a new Starship tower catch animation for the upcoming Flight 15! https://t.co/kStn01Da8u
— Truthful🛰️ (@Truthful_ast) October 20, 2026
This monumental goal is to catch both the Ship and Booster in a dual-catch scenario, an incredible feat since SpaceX has never been able to reuse a Ship after launch. Musk said it would be “the first time that an orbital launch vehicle has been fully recovered,” and said it would be a “profound technology milestone.”
Musk said the odds of success on this first Ship catch attempt are “more likely than not,” but SpaceX is ultimately prepared for more tries moving forward. The SpaceX frontman said that, starting next year, Starship would have a “steady stream” of flights through the end of the year.
The cadence will accelerate in 2027, with Musk stating the company plans to target weekly flights in the first half of 2027 and twice-weekly by year-end.
The Flight 15 attempt follows that of Flight 14, which took off in late September and was Starship’s first orbital mission. It deployed 26 Starlink V3 satellites, accomplished a controlled ocean splashdown of both stages, and shed more light on potential challenges for the program moving forward.
As of now, the Starship program is firing on all cylinders.
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Investor's Corner
SpaceX stock gets a slew of price target boosts after bullish earnings call
Wall Street analysts rapidly raised price targets on SpaceX (NASDAQ: SPCX) after the company reported a bullish third quarter for 2026 following the market close on October 20. Shares were sent sharply higher in after-hours and premarket trading.
SpaceX posted revenue of $14.6 billion, a 161 percent year-over-year increase that comfortably topped consensus estimates, which fell near $12.7 billion. The company also posted a net profit of $4.4 billion from a prior-year loss, with adjusted EBITDA reaching $8.8 billion.
More price target movement:
🚀 Cantor Fitzgerald lifted its target to $345 from $246 (Overweight).
🚀 Barclays raised its target to $300 from $254 (Overweight).
🚀 Citi increased its target to $240 from $200 (Buy),
🚀 UBS moved to $230 from $210 (Buy)
🚀TD Cowen raised its target to $224 from $200 (Buy).
🚀Morgan Stanley held an Overweight rating with a $300 target.
🚀Other firms also adjusted higher, including Wells Fargo (to $274 from $214) and Clear Street (to $248 from $217). Analysts broadly cited the strong quarterly print, accelerating AI compute expansion, Starlink progress, and Starship milestones as drivers of higher long-term growth and earnings power.— TESLARATI (@Teslarati) October 21, 2026
Its Super Intelligence (AI) division generated roughly $7.6 billion and became the largest revenue contributor, growing nearly 830 percent year-over-year, while the Connectivity segment delivered $5.2 billion on strong subscriber additions that lifted the consumer base to 13.6 million for Starlink.
The Earnings Call proved especially catalytic, as CEO Elon Musk and CFO Bret Johnsen outlined Q1 2027 revenue guidance of $33 billion to $37 billion, which was far above the roughly $22 billion analysts had modeled, alongside fourth-quarter capital-expenditure plans of $35 billion to $40 billion focused on AI compute infrastructure at sites including Memphis and Southaven.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
Management targets 2.5 to 3 gigawatts of nameplate compute capacity by year-end and discussed pathways to 13 gigawatts or more by the end of 2027. Musk described relentless demand from hyperscalers and other customers, with compute pricing supporting payback periods of less than a year and potentially as short as six months.
Additional highlights included Starship’s recent orbital success and V3 satellite deployment, Starlink pricing and enterprise momentum, rapid Grok Bot adoption, spectrum expansion plans, and the formation of special committees to explore a possible combination with Tesla.
These elements prompted a wave of price-target increases:
- JPMorgan more than doubled its target to $500 from $240 while maintaining an Overweight rating.
- Cantor Fitzgerald lifted its target to $345 from $246 (Overweight).
- Barclays raised its target to $300 from $254 (Overweight).
- Citi increased its target to $240 from $200 (Buy),
- UBS moved to $230 from $210 (Buy), and
- TD Cowen raised its target to $224 from $200 (Buy).
- Morgan Stanley held an Overweight rating with a $300 target.
- Other firms also adjusted higher, including Wells Fargo (to $274 from $214) and Clear Street (to $248 from $217). Analysts broadly cited the strong quarterly print, accelerating AI compute expansion, Starlink progress, and Starship milestones as drivers of higher long-term growth and earnings power.
Shares, which closed at $147.79 on October 20, jumped roughly 8 percent in early premarket trading on October 21 as investors digested the results and the newly elevated Street targets.
The average analyst price target has moved higher, which reflects greater conviction in SpaceX’s trajectory across launch, connectivity, and the Super Intelligence business, even as elevated spending remains a point of focus.