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Tesla’s Elon Musk visits Giga Berlin, hopes to begin production by end 2021

(Credit: elon.ai)

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Tesla CEO Elon Musk has landed in Germany for a “technical” visit to Giga Berlin, the European production facility Tesla plans to launch later this year. During an interview with local media, Musk stated that he hopes production can begin by the end of 2021.

According to Jörg Steinbach, the Minister of Economics, Labor, and Energy for the State of Brandenburg, his team was informed by Tesla directly last week that Musk would be visiting Germany on May 14th. This meeting didn’t take place, but Musk did arrive in Germany yesterday, May 16th, according to his plane tracker. Musk left London for Berlin Brandenburg Airport and arrived in Germany after a quick, 76-minute flight.

Steinbach said the nature of the visit is “mainly technical” and that Musk has not scheduled meetings with either him or Dietmar Woidke, who is Brandenburg’s Minister-President.

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After visiting Giga Berlin on Monday, Musk indicated that he hopes the site will be ready for production by the end of 2021.

“It looks like we could start production at the end of the year,” Musk said. “You can only build cars when all the parts are in place.”

Musk has visited Germany on two previous occasions, with his first appearance being in September 2020 and the second in November, where he personally interviewed engineering applicants who desired to work at Giga Berlin. The factory has encountered exceptional support from local politicians, including Steinbach and Woidke. Steinbach recently confirmed to Teslarati that the rumored production delays until early 2022 were not accurate and that he expected Tesla to begin producing vehicles in Germany as early as late-Summer.

Tesla CEO Elon Musk receives rockstar welcome in first visit to Giga Berlin

Tesla’s application for Giga Berlin continues to work its way through the approval process. Local sources indicate that it could take anywhere from 3-5 years for Tesla to gain ultimate approval, but this will not prevent the automaker from producing its vehicles at the facility. Ultimately, the deliberate process that is utilized by politicians to approve a project gives the government plenty of time to examine all of the implications of allowing a massive industrial project to operate in the region. The chances for rejection are extremely slim, even though the process will take several years to be finalized.

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Musk commented on the process during the interview at the Giga Berlin site today.

“I think it would be better if there was less bureaucracy. On the other hand,” Musk continued, “more and more rules accumulate over time, and in the end, you can’t do anything.”

Tesla recently added plans for a battery cell plant to the application, increasing its production rate for the new, less expensive, but more effective 4680 battery cells. Tesla will not build this factory in time for the initial production phase in a few months and will instead depend on cells from its Kato Road cell manufacturing plant in Northern California.

Tesla said it expects Giga Berlin to begin limited production by the end of the year in its Q1 2021 Earnings Call Update Letter. Volume production at the plant is expected to begin in 2022, the company said.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Tesla analyst’s firm has sold its entire TSLA position: Here’s why

Tesla analyst Gary Black revealed his firm, The Future Fund, has sold their entire $TSLA holding.

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(Credit: Tesla)

Tesla analyst Gary Black of The Future Fund revealed today that his firm has sold its entire $TSLA holding, marking the first time since 2021 that it has not had a position in the company’s stock.

Black has been a skeptic of the company and relatively pessimistic regarding some things many investors would consider catalysts, outlining his concerns and reasoning for selling the shares.

Much of Black’s reasoning concerns Tesla’s price-to-earnings ratio, delivery results and potential delivery figures for the future, and other near-term projects that he does not believe will yield as much value as others perceive.

We will break down each concern of Black’s below:

‘Disconnected from Underlying Fundamentals’

Black says that The Future Fund sold its holdings at $358 per share. The firm’s current price target is at $310, and he says it will remain there based on “our forecast of 2030 Tesla volumes of 5.4m and 2030 Adj EPS of $12.

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Main Concern is P/E Ratio

The main concern Black and The Future Fund have is that TSLA “now sells at a 2025 P/E of 188x as earnings estimates continue to fall (-5% in the past week, -40% YTD) driven by weak YTD deliveries, including weak April results.”

Black says he believes quarterly deliveries will decline by 12 percent, and full-year by 10 percent.

This compares to Wall Street’s estimates of a 7 percent decrease for Q2 and a 5 percent year-over-year.

Robotaxi Skepticism

“We believe the risk/reward associated with the Austin robotaxi test remain asymmetrical to the downside,” Black writes in his post on X.

Tesla Robotaxi deemed a total failure by media — even though it hasn’t been released

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Many believe the Robotaxi platform could be Tesla’s biggest catalyst moving forward, especially as other automakers do not seem to have even close to as robust a solution to self-driving as Tesla.

Tesla’s Affordable Models

Black says there are concerns the affordable model will be “a stripped-down Model Y priced lower and funded by lower costs rather than a new form factory that expands TAM.”

This is confusing, especially considering the cheaper price tag would expand the total addressable market (TAM) to begin with. The Model Y has been the best-selling vehicle in the world for the past two years.

Tesla still on track to release more affordable models in 1H25

Introducing an even lower-cost model with some missing features would still likely be a significantly more attractive option than a base model ICE vehicle, especially because the value Full Self-Driving provides would make the car more beneficial.

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“This increases odds that FY’25 estimates decline further, risking a repeat of 2023-2024, when TSLA reduced EV prices supported by lower costs, and TSLA saw little or no incremental volume growth,” he finishes with.

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Tesla gets major upgrade that Apple users will absolutely love

Tesla is unloading a new feature for iPhone users that they will absolutely love.

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Credit: Tesla Inc.

Tesla is giving its owners who use iPhones and the iOS platform a major upgrade that will make the vehicles more compatible with the current capabilities of Apple devices.

Much to the chagrin of Android users, Apple iPhone users who own Teslas are usually the first to get new features.

However, Tesla is rolling out a new feature to iPhone users that will only be available to them, as Live Update compatibility is now rolling out.

Live Updates on the iPhone allow users to track the progress of tasks while using other apps. For example, uploading a post on X can be tracked while using an internet browser, as the Dynamic Island, the small display near the speaker on an iPhone, will show progress.

Tesla will now do this for Supercharging, a new update shows. The Dynamic Island is not the only thing that will monitor the progress of Supercharging, though. Updates will also be visible on the lock screen and as a drop-down notification:

You will need iOS 17.2 or newer to use this feature.

The Supercharging updates will show the current State of Charge (SoC), time remaining, and price of the current session. These notifications will make the charging process easier when you’re not inside your Tesla, as many Superchargers are located in retail settings.

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You’ll be able to monitor the price and time remaining with a quick glance at your phone.

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Tesla rolls out new crucial safety feature aimed at saving children

Tesla has been working on this child detection feature for several years.

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(Credit: Tesla)

Tesla is finally rolling out a new, crucial safety feature that is aimed at saving children from being left in the car.

Over the past few months, we have reported on a feature Tesla was planning to roll out in its vehicles that would help keep children out of hot cars unattended.

Tesla set to roll out new child safety and navigation features, coding shows

The company has been working on a solution to this problem for several years, as it has been working on an ultrawave sensor that would detect heartbeats instead of movement, as cameras would.

Now, Tesla is implementing the feature in its vehicles with Software Update 2025.14.12, calling it “Child Left Alone Detection.”

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The release notes, via Not a Tesla App, show that the vehicle and the Tesla app will both make various attempts to alert the driver of a child in the car:

“If an unattended child is detected, the vehicle will flash the exterior indicator lights, play an alert tone, and send a notification to your Tesla app. This will repeat at regular intervals until you return to your vehicle. Cabin data is processed locally and is not transmitted to Tesla.

This feature is enabled by default. To disable, go to Controls > Safety > Child Left Alone Detection.”

Tesla later said that the feature is currently rolling out to mid-2023 and later Model 3 vehicles in Europe initially, while other models and regions will receive the update in the coming months.

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