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Tesla Giga Berlin prepares for opening ceremony, Musk appears en route to Germany

https://twitter.com/Gf4Tesla/status/1505504522814341125?s=20&t=YVueaoFpEVK19hdzYdHgUQ

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It’s the eve of Tesla Gigafactory Berlin’s first Model Y delivery event, and preparations are well underway in the company’s expansive Grunheide site. As images of recent activities at the Giga Berlin complex are shared online, reports have also emerged suggesting that CEO Elon Musk may be flying to Berlin from Austin, Texas. 

As per images shared by Tesla watcher @Gf4Tesla, who has been following the progress of Giga Berlin’s construction since its early days, the setup for the facility’s grand opening ceremony is well underway. As of this past Sunday, the surrounding areas of Giga Berlin seemed to be all cleaned up. Several tents and a guest entrance area have also been built. 

The celebration for Giga Berlin’s first Model Y deliveries is expected to be a pretty fun event, though existing health restrictions in the area suggest that the ceremony may not be as large as those held by the company for vehicles like the Model S Plaid, which was launched last year in California, or the Made-in-China Model 3, which started its customer deliveries in late 2019 in Shanghai. Nevertheless, schedules that were shared with attendees of the event hinted that Giga Berlin’s upcoming occasion would still be enjoyable. 

Attendees of Giga Berlin’s first Model Y deliveries could arrive as early as 9 a.m. local time, though registrations would start around 10 a.m. Factory tours of the Giga Berlin complex, which should give attendees the unique opportunity to see exactly how the Made-in-Germany Model Y is built, would start around 11 a.m. Salutations are scheduled for 1 p.m. local time, and actual Model Y handovers would be held around 1:30 p.m. Following the handovers and some group photos, celebrations would be held in the area from 3 p.m. all the way to 9 p.m

While Giga Berlin is all in on its preparations for its first Model Y delivery event, reports have also emerged that Elon Musk may be on his way to Tesla’s Germany-based factory. As per a report from Reuters, trackers which follow the movements of Musk’s private aircraft have indicated that the CEO’s jet is currently en route to Berlin from Austin, TX. Tesla has been pretty silent about whether Musk would be at Giga Berlin’s Model Y delivery event, but the current destination of the executive’s jet is quite encouraging. 

Gigafactory Berlin’s opening has been a long time coming. After numerous delays that saw Tesla deal with red tape, self-imposed delays, and strong opposition from local groups, the facility was finally granted its final environmental permit earlier this month. This effectively brought an end to Giga Berlin’s limbo, and it sets up the facility as one that could significantly help the company raise its vehicle output this year. 

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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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.”

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.

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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