News
Stellantis and GM furlough more workers as UAW strike expands
General Motors (GM) and Stellantis have announced plans to furlough hundreds more workers, just after the United Auto Workers (UAW) expanded strikes against both automakers this week.
According to a report from Reuters, Stellantis will temporarily lay off 525 more workers in Michigan, while GM will furlough 139 employees in Ohio.
The news comes after UAW-represented workers walked off the job at GM’s most profitable assembly plant, and after a walkout at Stellantis’s most profitable truck factory. It also comes after GM reported its Q3 financial results earlier in the day on Tuesday.
The Stellantis furlough takes place at two stamping facilities that supply the company’s truck assembly plant, bringing the total number of furloughed employees to 2,045. GM said that its workers were being furloughed as a result of the UAW’s targeting of its truck assembly plant, bringing the automaker’s total number of furloughed workers to 2,460.
On Tuesday morning, 5,000 UAW members walked off the job at GM’s Arlington Assembly plant in Texas, which makes some of the automaker’s most profitable vehicles, including the Chevy Tahoe, the Chevy Suburban, the GMC Yukon and the Cadillac Escalade.
The UAW expanded strikes on Monday to include 6,800 workers walking out at the largest and most profitable Stellantis truck plant in Sterling Heights, Michigan. The plant produces the profitable Ram 1500 and other trucks. Just a couple of weeks ago, 8,700 workers also walked out at Ford’s profitable Kentucky Truck Plant.
It also comes on the same morning that GM has reported its Q3 financial results, beating Wall Street expectations amidst the ongoing strike. CNBC estimates that the strike amounts to around $200 million in lost vehicle production per week, and GM CFO Paul Jacobson says the strikes have cost the automaker around $800 million in pre-tax earnings.
“Another record quarter, another record year. As we’ve said for months: record profits equal record contracts.” UAW President Shawn Fain said in a blog post on Tuesday. “It’s time GM workers, and the whole working class, get their fair share.”
GM reported $44.13 billion in Q3 revenue, with net income attributable to stockholders of $3.06 billion and an EBIT-adjusted $3.6 billion. The automaker also reported earning $2.28 per share during the quarter, beating average analyst estimates of $1.88 per share, according to LSEG (formerly Refinitiv) data.
As a result of damage from the strikes, GM said it was pulling previously shared earnings guidance, with which it estimated $12 to $14 billion in adjusted earnings, with net income attributable to stockholders forecast to reach between $9.3 billion and $10.7 billion.
GM also pulled its near-term electric vehicle (EV) targets, predicting the company would sell 400,000 EVs in North America between 2022 and mid-2024 and would produce as many as 100,000 EVs on the continent during the latter half of 2023. Jacobson reported that the automaker has retained its target of low-digit profit margins on EVs and one million in annual production capacity by 2025.
Ford is set to report its Q3 earnings on Thursday, while Stellantis will do the same next Tuesday. The result could similarly give the UAW negotiating leverage if financial results are positive, or it could risk shareholder confidence if they aren’t.
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News
Tesla extends FSD Supervised ride-alongs in Europe by three months
Needless to say, it does appear that FSD fever is starting to catch in Europe.
Tesla appears to be doubling down on its European Full Self-Driving (Supervised) push, with the company extending its demo ride-along program by three months until the end of March 2026. The update seems to have been implemented due to overwhelming demand.
Needless to say, it does appear that FSD fever is starting to catch in Europe.
Extended FSD demonstrations
Tesla EU Policy and Business Development Manager Ivan Komušanac shared on LinkedIn that the company is offering ride-along experiences in Germany, France and Italy while working toward FSD (Supervised) approval in Europe.
He noted that this provides a great feedback opportunity from the general public, encouraging participants to record and share their experiences. For those unable to book in December, Komušanac teased more slots as “Christmas presents.”
Tesla watcher Sawyer Merritt highlighted the extension on X, stating that dates now run from December 1, 2025, to March 31, 2026, in multiple cities including Stuttgart-Weinstadt, Frankfurt and Düsseldorf in Germany. This suggests that the FSD ride-along program in Europe has officially been extended until the end of the first quarter of 2026.
Building momentum for European approval
Replies to Merritt’s posts buzzed with excitement, with users like @AuzyMale noting that Cologne and Düsseldorf are already fully booked. This sentiment was echoed by numerous other Tesla enthusiasts on social media. Calls for the program’s expansion to other European territories have also started gaining steam, with some X users suggesting Switzerland and Finland as the next locations for FSD ride-alongs.
Ultimately, the Tesla EU Policy and Business Development Manager’s post aligns with the company’s broader FSD efforts in Europe. As per recent reports, Tesla recently demonstrated FSD’s capabilities for Rome officials. Reporters from media outlets in France and Germany have also published positive reviews of FSD’s capabilities on real-world roads.
News
Tesla’s six-seat extended wheelbase Model Y L sold out for January 2026
Estimated delivery dates for new Tesla Model Y L orders now extend all the way into February 2026.
The Tesla Model Y L seems to be in high demand in China, with estimated delivery dates for new orders now extending all the way into February 2026.
This suggests that the Model Y L has been officially sold out from the rest of 2025 to January 2026.
Model Y L estimated delivery dates
The Model Y L’s updated delivery dates mark an extension from the vehicle’s previous 4-8 week estimated wait time. A detailed chart shared by Tesla data tracker @Tslachan on X shows the progressions of the Model Y L’s estimated delivery dates since its launch earlier this year.
Following its launch in September, the vehicle was given an initial October 2025 estimated delivery date. The wait times for the vehicle were continually updated over the years, until the middle of November, when the Model Y L had an estimated delivery date of 4-8 weeks. This remained until now, when Tesla China simply listed February 2026 as the estimated delivery date for new Model Y L orders.
Model Y demand in China
Tesla Model Y demand in China seems to be very healthy, even beyond the Model Y L. New delivery dates show the company has already sold out its allocation of the all-electric crossover for 2025. The Model Y has been the most popular vehicle in the world in both of the last two years, outpacing incredibly popular vehicles like the Toyota RAV4. In China, the EV market is substantially more saturated, with more competitors than in any other market.
Tesla has been particularly kind to the Chinese market, as it has launched trim levels for the Model Y in the country that are not available anywhere else, such as the Model Y L. Demand has been strong for the Model Y in China, with the vehicle ranking among the country’s top 5 New Energy Vehicles. Interestingly enough, vehicles that beat the Model Y in volume like the BYD Seagull are notably more affordable. Compared to vehicles that are comparably priced, the Model Y remains a strong seller in China.
Elon Musk
NVIDIA CEO Jensen Huang commends Tesla’s Elon Musk for early belief
“And when I announced DGX-1, nobody in the world wanted it. I had no purchase orders, not one. Nobody wanted to buy it. Nobody wanted to be part of it, except for Elon.”
NVIDIA CEO Jensen Huang appeared on the Joe Rogan Experience podcast on Wednesday and commended Tesla CEO Elon Musk for his early belief in what is now the most valuable company in the world.
Huang and Musk are widely regarded as two of the greatest tech entrepreneurs of the modern era, with the two working in conjunction as NVIDIA’s chips are present in Tesla vehicles, particularly utilized for self-driving technology and data collection.
Nvidia CEO Jensen Huang regrets not investing more in Elon Musk’s xAI
Both CEOs defied all odds and created companies from virtually nothing. Musk joined Tesla in the early 2000s before the company had even established any plans to build a vehicle. Jensen created NVIDIA in the booth of a Denny’s restaurant, which has been memorialized with a plaque.
On the JRE episode, Rogan asked about Jensen’s relationship with Elon, to which the NVIDIA CEO said that Musk was there when nobody else was:
“I was lucky because I had known Elon Musk, and I helped him build the first computer for Model 3, the Model S, and when he wanted to start working on an autonomous vehicle. I helped him build the computer that went into the Model S AV system, his full self-driving system. We were basically the FSD computer version 1, and so we were already working together.
And when I announced DGX-1, nobody in the world wanted it. I had no purchase orders, not one. Nobody wanted to buy it. Nobody wanted to be part of it, except for Elon.
He goes ‘You know what, I have a company that could really use this.’ I said, Wow, my first customer. And he goes, it’s an AI company, and it’s a nonprofit and and we could really use one of these supercomputers. I boxed one up, I drove it up to San Francisco, and I delivered it to the Elon in 2016.”
The first DGX-1 AI supercomputer was delivered personally to Musk when he was with OpenAI, which provided crucial early compute power for AI research, accelerating breakthroughs in machine learning that underpin modern tools like ChatGPT.
Tesla’s Nvidia purchases could reach $4 billion this year: Musk
The long-term alliance between NVIDIA and Tesla has driven over $2 trillion in the company’s market value since 2016.
Tesla extends FSD Supervised ride-alongs in Europe by three months
Tesla’s six-seat extended wheelbase Model Y L sold out for January 2026
