News
Tesla Giga Berlin Update: Foundational Work and Fire Protection continues
Tesla’s Giga Berlin production facility made leaps late last week into the weekend as construction crews continued foundational work in the drive unit facility and installed fire protection infrastructure in the paint shop area. The property also received its second cement mixing plant as crews on site are preparing to install flooring for the facility soon.
Giga Berlin is sitting about a year away from its first production push of the Model Y. Now that the construction crews responsible for the project have been implementing foundational work for a few weeks at the drive unit portion of the facility, the structure of Giga Berlin could start taking shape soon.
A video from @Gf4Tesla on Twitter shows an ariel view of the Giga Berlin property.
July 17 / 2020
++weekend update++
Major construction progress on the GF4.
-Second cement mixing plant in place.
-New fire protection walls set in the paint shop. ( PT )
-Foundation work in the (DU) drive unit area continues.
👍👷♂️📈@elonmusk pic.twitter.com/GI6kG09tRr— Gigafactory Berlin News (@Gf4Tesla) July 17, 2020
Tesla has a knack for producing vehicles earlier than their timetable initially indicates. For example, the Model Y had an expected delivery date of Summer 2020. However, Tesla was able to begin delivering its all-electric crossover to reservation holders in mid-March, nearly 3 months ahead of schedule.
There is always a possibility of Tesla beginning deliveries of the Model Y in Europe ahead of schedule. If the company’s contracted construction crews can continue to expedite the process, European citizens could be receiving Model Y vehicles sooner than expected.
Additionally, fire protection walls at the paint facility are being constructed and will surround Tesla’s new, world-class shop at Giga Berlin. CEO Elon Musk announced that the German facility would be home to a new paint shop that would revolutionize the way automotive colors appear to the human eye.
In April, Musk revealed details about Giga Berlin’s new paint facility and what the company’s unique colors would be capable of. “Giga Berlin will have world’s most advanced paint shop, with more layers of stunning colors that subtly change with curvature,” Musk tweeted. He also indicated that both Fremont and Shanghai would eventually receive these updates, but retrofitting an operating paint facility is difficult while it is in use.
This past weekend, Musk indicated that the new paint facility would produce a new “Deep Crimson” color for vehicles built at the plant located in Grünheide. The addition of the new color would give owners six total paint options instead of five. Currently, Tesla offers Pearl White Multi-Coat, Solid Black, Midnight Silver Metallic, Deep Blue Metallic, and Red Multi-Coat are all available for additional charges.
Paint has always been a weak point of Tesla’s, and Musk has recognized that in the past. However, the CEO wants to improve the aesthetic appearance of the company’s vehicles, and it starts with quality colors and world-class paint.
Giga Berlin is expected to produce the Model Y starting in July 2021, and other models will be available after the facility gets its first few production runs under its belt.
Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Investor's Corner
Tesla gets price target bump, citing growing lead in self-driving
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.