News
Tesla Giga Berlin’s delays are shining a light on Germany’s slow approval processes
Germany’s Traffic Light Coalition recently cited Tesla’s Gigafactory Berlin as an example of why there is a need for Germany to develop a system that could allow permitting procedures to be completed at a quicker timeframe.
The Traffic Light Coalition is comprised of the Social Democratic Party of Germany (SPD), the Free Democratic Party (FDP), and Alliance 90 or The Greens. In a statement to Handelsblatt, SPD politician Mathias Stein outlined how planning law should be simplified to expedite investment projects such as Tesla’s EV factory in Grunheide. Stein noted that repeated interpretation, objection and response loops — which tend to extend the approval of a project — should be avoided in the future.
“In the coalition agreement, we have therefore provided that public participation procedures no longer have to be completely repeated after plan changes in an ongoing approval procedure. Instead, we are taking a more pragmatic approach by only requiring newly affected parties to participate and only allowing objections to plan amendments” Stein said.
The Free Democratic Party is on the same page, with Daniel Föst, spokesman on construction and housing policy for the FDP parliamentary group, stating that the FDP supports initiatives that could speed up and simplify procedures. Föst also called for processes to be more flexible. “The FDP is up for anything that speeds up and simplifies the procedures and is not at the expense of third parties. We also need to become more flexible during the process and construction,” the spokesman said.
Green Party economic policy expert Dieter Janecek highlighted that the acceleration of planning is one of the central initiatives of the new German government. This, according to the policy expert, is something that is essential for the success of the energy transition and the ecological transformation of German’s economy. “For this, we need agile procedures with which we can also react unbureaucratically to changing planning or framework conditions,” Janecek said.
For now, Gigafactory Berlin’s final approval is still yet to be released, though recent reports estimate that the facility may finally get permission to start vehicle production around March 2022. This presents a notable delay, as it would likely result in Giga Berlin falling behind its sibling, the much larger Gigafactory Texas, which is expected to start vehicle production soon. Jörg Steinbach, Brandenburg’s Minister of Economics, has acknowledged these delays, noting previously that the bureaucratic challenges in Germany are “sometimes difficult for a foreign investor to understand.”
That being said, economist Michael Hüther believes that the Traffic Light Coalition’s stance is on point. Since companies like Tesla today are becoming more agile, Hüther noted that countries such as Germany should also be able to adapt. “It is not only companies that need to be agile in the 21st century – the administration, and thus the approval procedures, must do the same. (The) administration should be geared to the pace and working methods of companies, not the other way around. This includes making it possible to make changes to construction plans in an ongoing process without having to reopen the procedure,” the economist said.
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Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
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Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Investor's Corner
SpaceX gets initial stock coverage from Tesla’s biggest bull
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
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Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
News
Tesla expands massive safety feature worldwide in latest update
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.