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Tesla delivers first China-Made Model 3 in celebration event at Shanghai Gigafactory

(Credit: Tesla China/Twitter)

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6 years ago

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Less than a year since Tesla CEO Elon Musk participated in Gigafactory 3’s groundbreaking ceremony, the first batch of Made-in-China Model 3 were delivered to their owners. The event is a milestone for Tesla, as it showed that the company is capable of meeting Elon Musk’s own ambitious targets, and perhaps even exceeding them. 

The delivery event was held in Gigafactory 3 on Monday, December 30, 2019. Members of the local media were present in the event, joining Gigafactory 3’s employees in the handover ceremony. On a rather humorous note, Gigafactory 3’s delivery ceremony did not start a bit late like Tesla’s events in the United States. Instead, the hour-long ceremony started on time at 10 a.m., almost to a tee. 

Granted, only 15 employees from Gigafactory 3 took delivery of the Made-in-China Model 3 today. Still, a single look at the massive complex’s holding lots shows that mass deliveries could begin very soon. Just outside the location of the first deliveries, hundreds upon hundreds of MIC Model 3 are parked, and a good number of them continue to be loaded onto transport trucks, heading to Tesla delivery centers across China. 

This suggests that Tesla China is likely only waiting for the first quarter before it pulls the trigger to start mass deliveries of the MIC Model 3 to local customers. This bodes well for Tesla’s fourth-quarter numbers overall, as it hints that the company may already be within reach of its 2019 delivery and production goals. After all, if Tesla were still significantly short from meeting its 2019 production forecast, the company would have delivered far more than 15 Made-in-China Model 3 today. 

With Gigafactory 3 now officially starting customer deliveries, there is little that can get in the way of the electric car maker from saturating the local EV market. China has been very supportive of Tesla since the agreement to build Gigafactory 3 was signed, and this has extended to the Made-in-China Model 3, which has received incentives from the government. The vehicle has also been exempted from a purchase tax, allowing would-be customers to acquire the MIC Model 3 at a lower price. 

In true Tesla fashion, the delivery event in Gigafactory 3 ended with photos and some celebration. Yet, at the end of the ceremony, Gigafactory 3 workers who were still on shift filed back to the massive electric car production facility to continue working. That’s very characteristic of Tesla, as the company, particularly in the United States, never really sleeps. Based on the recently-held event in Shanghai, it appears that Gigafactory 3 and its workers fit perfectly with Tesla’s high-demand, high-reward environment.

On a lighthearted note, the delivery event in Gigafactory 3 included a rather pleasant, heartwarming surprise. As the vehicles were being delivered, one of the new Model 3 owners decided to propose to his fiance. The frunk of the couple’s blue Model 3 was even filled with flowers. Based on the couple’s reactions, it appears that the Model 3 may have done its part as wingman very well.

Here’s a video of the Tesla-inspired wedding proposal in the video below.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Nvidia CEO Jensen Huang regrets not investing more in Elon Musk’s xAI

The CEO stated that Nvidia is already an investor in xAI, but he wished he had given the artificial intelligence startup more money.

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4 minutes ago

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October 8, 2025

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Credit: Elon Musk/X

Nvidia CEO Jensen Huang revealed that one of his investment regrets is not putting more money into Elon Musk’s artificial intelligence startup, xAI. 

Speaking in a CNBC interview, Huang said Nvidia is already an investor in xAI but wished he had given the artificial intelligence startup more money. This was due to Musk’s record of building transformative companies such as Tesla and SpaceX.

A new wave of transformative AI firms

Huang said he’s very excited about xAI’s latest financing round. He described Musk’s company as part of a powerful new generation of AI developers, alongside OpenAI and Anthropic. that are reshaping the computing landscape.

“I’m super excited about the financing opportunity they’re doing. The only regret I have about xAI, we’re an investor already, is that I didn’t give him more money. You know almost everything that Elon’s pat of, you really want to be part of as well,” the Nvidia CEO stated.

The CEO also clarified Nvidia’s investment in xAI, revealing that Elon Musk had offered the investment opportunity to the chipmaker. “He (Musk) gave us the opportunity to invest in xAI. I’m just delighted by that,” Huang stated.

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AI investment boom

Huang contrasted today’s AI-driven economy with the early days of the internet. “Back then, all the internet companies combined were maybe $30 or $40 billion in size,” he said. “If you look at the hyperscalers now, that’s about $2.5 trillion of business already operating today.”

He also stated that the ongoing shift from CPU-based computing to GPU-powered generative AI represents a “multi-trillion-dollar buildout” that Nvidia is looking to support. Huang added that every Nvidia engineer now works with AI coding assistants such as Cursor, which he called his “favorite enterprise AI service,” and it has led to a major productivity boost across the company.

Watch Nvidia CEO Jensen Huang’s CNBC interview in the video below.

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Investor's Corner

Stifel raises Tesla price target by 9.8% over FSD, Robotaxi advancements

Stifel also maintained a “Buy” rating for the electric vehicle maker.

Published

29 minutes ago

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October 8, 2025

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Credit: Tesla China

Investment firm Stifel has raised its price target for Tesla (NASDAQ:TSLA) shares to $483 from $440 over increased confidence in the company’s self-driving and Robotaxi programs. The new price target suggests an 11.5% upside from Tesla’s closing price on Tuesday.

Stifel also maintained a “Buy” rating despite acknowledging that Tesla’s timeline for fully unsupervised driving may be ambitious.

Building confidence

In a note to clients, Stifel stated that it believes “Tesla is making progress with modest advancements in its Robotaxi network and FSD,” as noted in a report from Investing.com. The firm expects unsupervised FSD to become available for personal use in the U.S. by the end of 2025, with a wider ride-hailing rollout potentially covering half of the U.S. population by year-end.

Stifel also noted that Tesla’s Robotaxi fleet could expand from “tiny to gigantic” within a short time frame, possibly making a material financial impact to the company by late 2026. The firm views Tesla’s vision-based approach to autonomy as central to this long-term growth, suggesting that continued advancements could unlock new revenue streams across both consumer and mobility sectors.

Tesla’s FSD goals still ambitious

While Stifel’s tone remains optimistic, the firm’s analysts acknowledged that Tesla’s aggressive autonomy timeline may face execution challenges. The note described the 2025 unsupervised FSD target as “a stretch,” though still achievable in the medium term.

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“We believe Tesla is making progress with modest advancements in its Robotaxi network and FSD. The company has high expectations for its camera-based approach including; 1) Unsupervised FSD to be available for personal use in the United States by year-end 2025, which appears to be a stretch but seems more likely in the medium term; 2) that it will ‘probably have ride hailing in probably half of the populations of the U.S. by the end of the year’,” the firm noted.

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Tesla Cybertruck gets Full Self-Driving v14 release date, sort of

Published

18 hours ago

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October 7, 2025

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Tesla Cybertruck owners are wondering when they will get access to the company’s Full Self-Driving version 14.1 that rolled out to other owners today for the first time.

Cybertruck owners typically receive Full Self-Driving updates slightly later than other drivers, as the process for the all-electric pickup is different. It is a larger vehicle that requires some additional attention from Tesla before FSD versions are rolled out, so they will be slightly delayed. CEO Elon Musk said the all-wheel steering technically requires a bit more attention before rollout as well.

After some owners got access to the v14.1 Full Self-Driving suite this morning, Cybertruck owners sought out a potential timeframe for when they would be able to experience things for themselves.

Tesla owners show off improvements with new Full Self-Driving v14 rollout

They were able to get an answer from Ashok Elluswamy, Tesla’s Head of AI, who said:

“We got you. Coming soon.”

The release of FSD v14.1 for Cybertruck will not be tempered, either. Elluswamy then confirmed that Tesla would be rolling out the full-featured FSD v14 for the pickup, meaning it would be able to reverse and park itself, among other features.

Elluswamy said it would be capable of these features, which were void in other FSD releases for Cybertruck in the past.

Tesla’s rollout of FSD v14.1 brings several extremely notable changes and improvements to the suite, including more refined operation in parking garages, a new ability to choose parking preferences upon arriving at your destination, a new driving mode called “Sloth,” which is even more reserved than “Chill,” and general operational improvements.

Those who were lucky enough to receive the suite have already started showing off the improvements, and they definitely seem to be a step up from what v13’s more recent versions were capable of.

CEO Elon Musk called v14 “sentient” a few weeks back, and it seems that it is moving toward that. However, he did state that additional releases with more capabilities would be available in the coming weeks, but many owners are still waiting for this first version.

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