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Tesla’s ‘preferential treatment’ justified by Brandenburg Environmental Minister

(Credit: Tesla)

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Tesla’s “preferential treatment” in Berlin has been attacked by numerous environmental groups who disagree with the automaker’s current construction project that is going on in the town of Brandenburg. Since the site’s initial groundbreaking and land preparation efforts in early 2020, citizens and “green” groups have come to pledge their distaste for Tesla’s introductory European production plant. However, local government officials are more than willing to come to justify Tesla’s presence in the area, especially as it provides a substantial economic boost to an area that thirsts for steady, well-paying manufacturing jobs. Brandenburg Environmental Minister Axel Vogel is just one of those politicians coming to Tesla’s rescue, justifying the company’s treatment in the area.

Since the announcement by CEO Elon Musk in late 2019 that provided some context of what would eventually become known as “Giga Berlin,” numerous voices have pushed back against Tesla’s efforts in Germany. Despite this, the company has made reasonable progress in the past 21 months. Tesla has managed to take what was once a regular plot of land covered in low-grade trees used for commercial cardboard production and transform it into one of Earth’s most impressive vehicle production facilities. At least that’s what will be there when the factory becomes operational in several months.

Until then, Tesla will continue building the factory, erecting several portions of the plant that will eventually house the production of the Model Y crossover and Tesla’s recently unveiled 4680 battery cells. The cells, a groundbreaking step in developing Tesla’s EV tech, will provide more range and power to Tesla’s eco-friendly vehicles.

Although Tesla vehicles have saved over 17.9 million tons of CO2 from entering the atmosphere alone, environmental groups are not convinced the company’s factory will provide stable and eco-friendly scenarios based on by-products of vehicle production. In fact, groups who have been identified as NABU and Gruene Liga recently stated that they are not interested in Tesla producing batteries at the plant because of potentially hazardous waste.

Tesla ironically faces pushback at Giga Berlin from environmental groups

The groups told Reuters earlier this month:

“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.”

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Now, Brandenburg Environmental Minister Axel Vogel is coming to Tesla’s defense, giving them a justification for their preferential treatment regarding approved documents for certain elements of their factory.

Vogel said (via Maz Online):

“We are convinced that it is right to give Tesla preferential treatment, because the Tesla site has an incredibly positive, Europe-wide impact.”

Vogel recognizes the concrete impact that Tesla could have on the region when Giga Berlin begins operation. Not only is the plant going to supply local citizens with jobs that are secure, comfortable, and well paying, but the environmental impacts also align with the strict and ambitious climate goals that Europe and Germany have both set. The European Union has been plotting a ban for ICE vehicles in 2025, according to Euractiv, and Germany has a set target of 2030 for the date it will stop allowing pollution-emitting vehicles to roam the streets.

Environmental groups are concerned with the production of the vehicles, which will result in some pollutants. However, these groups could be protesting any automaker, or basically, any large company in the world as manufacturing does, unfortunately, result in emissions. However, after Tesla cars roll off of production lines, no emissions will leave the vehicle, as the company’s battery-driven powertrains make for the most environmentally friendly form of passenger transportation on Earth.

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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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The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it

The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.

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The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.

The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.

The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.

The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.

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It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.

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Elon Musk and SpaceX shrugs off the trading day Wall Street feared most

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Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)

SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.

Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.

SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles

The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”

When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.

The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.

None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.

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The Boring Company’s newest Vegas Station has a permit quietly waiting behind it

Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.

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Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.

The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.

The Boring Company just doubled its tunneling power in Nashville

The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.

Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.

For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.

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