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Tesla not violating labor laws at Giga Berlin: State Parliament

Credit: @gigafactory_4/Twitter

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Update: The Parliament members read a report from the Occupational Health and Safety Authority, which visits the Giga Berlin site every week. There was no exceedance of 8 hours of working time found by the Authority, nor were there any violations of COVID-19 protocols, via Claus Ableiter.

Tesla has been found not to be violating labor laws at its German Gigafactory, better known as Giga Berlin, State Parliament members say. After a meeting on Tuesday, which had several members of the Parliament speak regarding their findings at the Giga Berlin site, Tesla is not violating any labor laws that protect employees and workers from being subjected to unfair practices.

In a report earlier this week, Business Insider stated that the State Office for Occupational Safety, along with an agency required to investigate labor law violation claims, was told to investigate the possibility of employees at the site being overworked in unfair conditions and being paid below-par wages.

“The assessment is that the overall work situation is great.” -Parliament Member Ernst-Friedrich Pernack

The claims followed more negative reports regarding Tesla’s first European Gigafactory from earlier this week. German media site Automobilwoche claimed that a member of Elon Musk’s inner circle had admitted the Giga Berlin factory wouldn’t begin producing cars until January 2022. Jörg Steinbach, the Economic Minister for Brandenburg, the state where the site is located, disputed these claims and told Teslarati that he still anticipates Tesla to begin initial production in “late-Summer or early-Autumn.”

However, at the meeting with the Parliament in Grünheide, the municipality where the factory is located, members stated that there were no findings or “serious deficiencies” in Tesla’s work conditions. After visits and some investigations this week, members of the Parliament who were tasked with discussing the findings said, “So far, we have not received any information that it could be such unworthy conditions as they are in the press.”

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The Tweet above says (via Google Translate):

“There have been reports of long hours and unworthy working conditions at Tesla’s construction site in #Grünheide. In a meeting of the state parliament today, the responsible authorities reported and so far found no serious deficiencies.”

“The assessment is that the overall work situation is great,” one Parliament member, Ernst-Friedrich Pernack, who spoke in great lengths about the situation, said. “Overall, worker protection is very satisfactory in relation to other large construction sites few issues & accidents not over average,” he added.

According to Pernack, a total of 17 visits to the Giga Berlin property have been made so far in 2021 alone, accounting for around one visit per week so far. There have been no concerns raised by the Parliament, nor by the Construction Trade Association, who also conducts the weekly inspections with the Parliament members. There are still ongoing investigations with work hours, and some other issues, Pernack stated.

EXCLUSIVE: Tesla Giga Berlin isn’t facing a 6-month delay: German Minister

The comments made regarding Tesla’s working conditions by the Parliament indicate that there are no violations of labor laws at the German plant. Tesla said in its recent Q1 2021 Update Letter that “production and deliveries remain on track for late 2021.”

The portion of the Parliament Meeting where Giga Berlin’s labor conditions are discussed is available below thanks to GrünheideForFuture.

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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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Elon Musk

Elon Musk sheds two new bits of detail on Starship after 13th test launch

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Credit: SpaceX

Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.

SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.

The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.

SpaceX Starship just nailed something it’s never done before

Nevertheless, more details are coming out about Starship, and Musk is doing the talking.

Starship Will Be Retrieved in the Ocean

Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.

This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.

Ship Could Have Been Caught by Tower Arms, Musk claims

Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.

A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.

It is a necessity to make life multiplanetary.

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Elon Musk

Elon Musk updates the SpaceX timeline for Mars

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Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.

The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.

Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”

The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”

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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.

Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.

SpaceX Board has set a Mars bonus for Elon Musk

In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.

The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

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