News
Starlink a key technology for Brazil’s military: Department of Ministry letter
Recent reports have indicated that Brazil’s ongoing conflict with social media platform X has spilled over to Starlink, which provides satellite internet services to the country. Interestingly enough, Starlink has been dubbed as a key part of Brazil’s defense operations, at least according to a letter from the Ministry of Defense.
On Thursday, Brazilian Supreme Court Judge Alexander de Moraes blocked Starlink’s financial accounts in the country, resulting in SpaceX no longer being able to get payments from its Brazilian users. SpaceX CEO Elon Musk criticized the Supreme Court Judge’s move, though he stated that Starlink will offer free internet services to Brazil since many remote schools and hospitals depend on the satellite internet system for their communications.
As could be seen in a letter from the Ministry of Defense from June, it is not only schools and hospitals that depend on Starlink for communications. The letter, addressed to the Chief of Staff of the Minister of State for Defense, highlighted several of Starlink’s contributions to the country’s military.
??? BRAZIL'S MILITARY RELIES ON STARLINK FOR OPERATIONS & SECURITY
A new letter from Brazil's Defense Ministry reveals that Starlink is vital for military operations, training, and strategic readiness across the nation.
Canceling the contract could compromise critical… https://t.co/SmyOPAC1m4 pic.twitter.com/C8CA91BYdp— Mario Nawfal (@MarioNawfal) August 30, 2024
Following are the main points of the Brazilian Ministry of Defense’s letter.
- The referred system is used in operations, in Civic Social Actions, in training, among other activities. The contract is justified by the ease, flexibility, and speed that the Starlink equipment provides for the establishment of Command and Control links. Control, providing the necessary strategic readiness to that Great Operational Command to be used throughout the national territory.
- It is understood that, in the event of a possible cancellation of the contract with the aforementioned company, there may be harm to the strategic use of specialized troops, as the capabilities delivered by the company provide, among other factors, redundancy operational, high reliability, fast installation, high bandwidth rates, covering great distances with virtually no interference from terrain or conditions atmospheric conditions, as well as for use in places without any infrastructure.
- In this context, it is clear that the technology offered by the company could, in a possible new hire, to be used to serve the Special Border Platoons (PEF), located in places that are difficult to access and that do not have the availability of services from conventional Internet operators, benefiting the entire surrounding population.
Starlink’s military use has been proven over the past years. The system has been invaluable in the Russia-Ukraine war, with Ukrainian forces using the satellite system in their operations. Starlink is also being used in the UAE’s Emirati field hospital in Gaza. SpaceX has also launched Starshield, a militarized version of the satellite internet service with enhanced encryption and other security features.
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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.
