Tesla is ironically facing pushback from environmental groups in Germany who claim that the automaker’s Giga Berlin production facility, which has not started manufacturing cars yet, will produce poisonous gases that will escape from the plant.
The claims are strange and ironic, especially considering Tesla is one of the most environmentally conscious companies globally, and without a doubt, the most Earth-friendly in the automotive sector.
In late 2019, Tesla CEO Elon Musk announced that the company would begin manufacturing cars in Europe, a highly popular region for EVs. Tesla has still performed relatively well even though it doesn’t have a currently active production plant there. Since then, Tesla has erected one of the most sophisticated and advanced vehicle production facilities in the world, where electric vehicle batteries, newly-engineered versions of the Model Y crossover, and a world-class paint shop will be located.
Unfortunately, despite Tesla’s production of only electric cars, environmental groups have not stopped harassing the automaker. A new report from Reuters claims that two German environmental entities have filed objections against provisional permits that the Brandenburg Environmental Authority granted to Tesla earlier this year.
Tesla has received several preliminary approvals to perform construction processes in Berlin. Anything from installing production machinery to solidifying foundations for the planned battery plant requires approval from the Brandenburg Environmental Authority. Recently, Teslarati reported that Tesla submitted an application to produce EV cells at an on-site battery factory. If approved, Tesla would be able to mass produce its cells in Germany, a move that would greatly increase the efficiency of Tesla’s supply chain, considering the first 4680 battery cells that go into Giga Berlin-manufactured vehicles will be shipped from Northern California.
However, the environmental groups, who have been identified as NABU and Gruene Liga, are pushing back against Tesla’s approval.
The groups are upset about the production of the batteries (via Reuters):
“The objection is based on the claim that Tesla has not sufficiently clarified what precautions it will take to prevent highly poisonous gas from escaping from the factory, the objection document showed.”
In the past, Tesla has brushed up with environmental groups in Berlin who have voiced various concerns regarding the electric car plant’s impact. One group, early on in the Giga Berlin construction project, said that it was concerned about the water usage at the plant, and whether contamination of the groundwater would occur. Recent projections indicate that Tesla will use significantly less water than previously estimated.
For now, there is no new word on how far the environmental group’s appeal will go, but they plan to go to court if state authorities fail to file for a permit suspension by June 16th.
Tesla has saved over 17.5 million tons of CO2 from entering the Earth’s atmosphere through its vehicles alone. However, the envrionmental groups still ignore this fact, steadily thinking about the emissions that are produced from manufacturing cars. There are emissions involved in the production of Tesla’s vehicles. Still, after a customer takes delivery of their car, the Tesla will emit zero pollution due to its environmentally-conscious powertrain.
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.
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.
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.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
