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Tesla announced its first European Gigafactory 1 year ago today: A timeline
One year ago today, Tesla CEO Elon Musk announced that the automaker would open a production facility in Germany. Upon accepting an award at the Golden Steering Wheel awards alongside Volkswagen CEO Herbert Diess, Musk shocked Tesla fans everywhere by revealing its intentions. But what has transpired for the electric automaker since then is a culmination of hard work, dedication, efficiency, and a little bit of luck, and Tesla has been able to erect several buildings of the facility just eleven months after the beginning of the construction process.
November 12, 2019: Elon Musk announces Giga Berlin
“Everyone knows that German engineering is outstanding, for sure. That’s part of the reason why we are locating our Gigafactory Europe in Germany. We are also going to create an engineering and design center in Berlin, because Berlin has some of the best art in the world,” Musk said at the Golden Steering Wheel Awards in Germany last year. Musk also stated that the Model Y would be the initial focus of the new Gigafactory’s production lines.
Tesla CEO Elon Musk and Volkswagen CEO Herbert Diess exchange compliments at an award ceremony. (Credit: YouTube/AUTO BILD)
December 2019: Permits and Regulatory Approval
Tesla was working with the local government in Brandenburg to gain regulatory approval to begin ground clearing measures on the 741-acre plot of land that the automaker had purchased for a bargain price. After the land sale price was finalized, along with the permission of local authorities, Tesla could begin making progress on the land.
Credit: YouTube/J.-U. Koehler
January 2020: Ground clearing begins
After Tesla received preliminary approval, ground clearing began. While this sparked some controversy and concern from environmental groups, Tesla had already been planning to replace trees in areas surrounding Brandenburg, promising to replant three times as many trees as it had removed from the property. To be clear, the trees that were removed were of “inferior quality,” according to Grünheide Mayor Arne Christiani, as they were used for commercial cardboard production.
Credit: Emil Senkel
April 2020: Groundbreaking imminent, land preparation nears completion
On April 20th, Giga Berlin construction crews worked on the ground leveling and excavation of the land at the site. With only 90 hectares of land free from the trees, Tesla had its work cut out. Just a few days before ground leveling, the final tree was removed from the land, making it completely clear of any trees, all while not harming any wildlife.
Credit: YouTube | Giga Berlin / Gigafactory4, build GIGABERLIN
May 2020: Foundational work gets approval, begins
Foundational work began appearing at the site in late May. Tesla had to abide by some guidelines to keep drinking water protected and keep the noise down after 10 pm. Aquifers were also installed to protect any groundwater, which was a growing concern among local residents.
Credit: Twitter | @tobilindh
June 2020: Structures begin appearing, pillars and beams installed
The main pillars of the Drive Unit facility began appearing at the site, which were transported by train. Additionally, the installation of these pillars began just a few days later. It was the first structural portion of any of Giga Berlin’s facilities to be implemented, and prefabricated construction methods contributed to an accelerated construction effort at the site.
Credit: Twitter | @tobilindh
August 2020: Body In White construction begins, Drive Unit facility nears completion
The rapid pace of construction was evident as the Drive Unit facility neared completion, and the Body-in-White facility started construction. With pillars and beams being installed just two months prior for the first time, the rate of construction was certainly impressive. There was still plenty of work to go, however.
The Northern wall of the Drive Unit is nearly completed. (Credit: @gigafactory_4 on Twitter)
September 2020: Elon Musk’s First Visit to Giga Berlin
In a long-overdue visit because of the COVID-19 pandemic, Musk detailed Model Y redesign and battery cell production at the facility. Met with a warm reception, Musk’s first visit to Giga Berlin included visits with local politicians, including vocal supporter Jörg Steinbach, an economic minister.
Credit: @tobilindh | Twitter
Today: Where does Giga Berlin’s progress stand?
Currently, both the Drive Unit and Body-In-White facilities are constructed, with interior fittings being installed. Flooring and machinery have yet to make its way into these facilities, but progress is well ahead of schedule. While Tesla still lists Giga Berlin’s starting production date as Summer 2021, some of those in Europe have stated that deliveries could be expected in Q1 or Q2 2021.
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
