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Tesla Cybertruck poised to start trial production runs in Giga Texas in May 2021
Tesla’s Gigafactory Texas is being built in an incredibly rapid manner, seemingly matching or perhaps even exceeding the pace of Gigafactory Berlin, which is looking to start Model Y production next year. If a recent presentation from Tesla is any indication, it appears that the expedited activities in the Giga Texas complex are intended, as the company seems to be looking to start the Cybertruck’s trial production as early as May 2021.
Tesla recently presented its “Travis County Colorado River Project Partner Pre‐Qualification Presentation,” which included a rough timeframe for the upcoming Cybertruck and Semi factory. The presentation, which was posted on the website of the City of Austin and shared by Tesla Motors Club member hridge20, revealed that Giga Texas’ “First Dry-In” is set for December 30, 2020, and its “First Substantial Completion” is scheduled for May 1, 2021.
As noted in an Inspectapedia post, “dry-in” typically means that a building’s shell has been completed to a sufficient degree, allowing the facility and its interior to avoid damage from rain, wind, and other weather-related factors. At the dry-in stage, the installation of weather-sensitive materials and equipment could commence, which, in Tesla’s case, may refer to the Cybertruck’s production equipment.
“First Substantial Completion,” on the other hand, refers to the stage when a construction project is completed to a degree where it could be used for its intended purpose. With this in mind, it appears that Tesla is looking to have the installation of the Cybertruck’s production equipment done by May, allowing the company to start trial runs of the all-electric pickup truck before the end of the second quarter of 2021.
Granted, this is a very aggressive target. However, the equipment for the Cybertruck’s production line may require less time to set up compared to the Model 3 and Model Y line in Fremont and Shanghai, since the vehicle will use no stamping machines due to its XY design. The Cybertruck will not need a paint shop either, thanks to its steel exoskeleton.
If Tesla’s recent presentation proves accurate, the company could definitely be on pace to hit its self-imposed target for the start of Cybertruck deliveries. Currently, Tesla estimates that Cybertruck deliveries could begin in late 2021, with the Tri-Motor AWD and Dual-Motor AWD variants being rolled out first. The base Cybertruck, which will cost less than $40,000, is expected to be rolled out the following year.
-->Considering the targets outlined in Tesla’s recent Travis County presentation and the Cybertruck’s estimated delivery dates, it appears that the electric car maker is actually adopting a pretty conservative rollout target for the all-electric pickup. If trial production could begin in May 2021, after all, Tesla will have the rest of the year to refine and release the Cybertruck. Starting trial production in the second quarter of 2021 also allows the company to gain some momentum in the EV market, which could be strategic considering that the first all-electric pickup, the Rivian R1T, is poised to start deliveries in June 2021.
Tesla’s “Travis County Colorado River Project Partner Pre‐Qualification Presentation” could be accessed below.
Tesla Partner Prequalification Presentation- August 27 2020 by Simon Alvarez on Scribd
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.
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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.
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.
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
Tesla sees sharp November rebound in China as Model Y demand surges
