News
Tesla’s invite-only Giga Fest at Gigafactory Texas draws concerns from local citizens
Tesla’s Giga Fest at Gigafactory Texas, an invite-only event, drew a handful of concerns from local citizens over noise complaints from fireworks testing and concerns regarding a lack of public engagement from the automaker as it nears the official opening of the factory.
The April 7th event is now an invite-only event, according to a meeting with Travis County Commissioners Court members yesterday. Judge Andy Brown confirmed with another member of the court the event would be invite-only. “We’re currently working through that invite list, and the invites have not been sent out yet but they will be pretty soon,” the person said.
Previously, it was thought that Tesla would allow prospective attendees to apply for tickets, as it did with Giga Fest at Gigafactory Berlin. However, it seems Tesla will be handling all 15,000 invitations at its own discretion.
Yesterday was an opportunity for members of the public to come forward and voice concerns regarding the April 7th Giga Fest, which will be 30 percent inside the factory and 70 percent on the outdoor grounds, according to Travis County documents. While the court unanimously approved Tesla’s application, which was submitted in February by the automaker, one concern was brought forward by a man named Paul, who has worked on the Colorado River Conservancy Project for “almost a full year.” Paul stated he represented the Environmental Justice Organization based in East Austin.
Tesla Giga Fest at Giga Texas: Attendance figures, time, other details revealed
“It’s a small item, right,” Paul said. “The granting of a mass gathering permit so that Tesla can have a grand opening celebration. I don’t see it that way,” he said. “I see it as an opportunity for us and for you all to do two things.”
Paul, whose last name is DiFiore, according to Bloomberg, went on to detail the lack of community engagement on the project this far, and requested the Commissioner’s Court to “apply pressure on the company to please slow down.”
“Take this analogy: I just moved to a new neighborhood in Austin, and that is Commissioner [Brigid] Shea’s Precinct,” they said. “My partner and I made cookies and made notes and took it to our neighbors and they were reciprocated with thoughtful items and how to if I need tree trimming to let [neighbors] next door know, and we shake hands. What if I moved to the neighborhood and said nothing to anyone for two years? What if I spent every day doing landscaping work and tearing down trees and building stuff and throwing dust all over my neighbors’ houses, and how about re-routing my driveway and discharging polluted water into our neighborhood creek and blocking the street with massive trucks?”
Shea responded, stating Paul’s comments were appreciated, agreeing that Tesla should do more community outreach. “I do think that there is a need for more community outreach and communication and for the Tesla folks listening, I think that you have lots of opportunities to meet more with the community and really form a powerful partnership. So I would really encourage you to do that,” Shea said. “But I am not willing to turn down this permit for this big event they have planned for a while.”
Credit: Joe Tegtmeyer/YouTube
Shea also stated that emails from residents of the neighborhood adjacent to the site had complained about fireworks testing for the event. One resident, who lives in a house furthest away from the Gigafactory Texas facility, said they thought “a bomb went off, a plane went down, or something exploded.”
The Court said it would contact Tesla for more specific plans for fireworks to prepare for potential weather issues and fallout, which would protect residents from potential hazards. “If they were to do a firework show, there would have to be stand-by units and we’d coordinate with the Austin Fire Department in this situation.
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News
Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Investor's Corner
Tesla bear gets blunt with beliefs over company valuation
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
News
Tesla is making a change to its exterior cameras with a potential upgrade
Tesla appears to be making a change to its exterior side repeater cameras, which are used for the company’s Full Self-Driving suite, and other features, like Sentry Mode.
The change appears to be a potential upgrade in preparation for the AI5 suite, which CEO Elon Musk said will be present on a handful of vehicles next year, but will not be widely implemented until 2027.
Currently, Tesla uses a Sony sensor lens with the model number IMX963, a 5-megapixel camera with better dynamic range and low-light performance over the past iteration in Hardware 3 vehicles. Cameras in HW3 cars were only 1.2 megapixels.
However, Tesla is looking to upgrade, it appears, as Tesla hacker greentheonly has spotted a new sensor model in its firmware code, with the model number IMX00N being explicitly mentioned:
Looks like Tesla is changing (upgrading?) cameras in (some?) new cars produced.
Where as HW4 to date used exterior cameras with IMX963, now they (might potentially) have something called IMX00N— green (@greentheonly) December 1, 2025
Sony has not announced any formal specifications for the IMX00N model, and although IMX963 has been used in AI4/HW4 vehicles, it only makes sense that Tesla would prepare to upgrade these external cameras once again in preparation for what it believes to be the second hardware iteration capable of fully autonomous self-driving.
Tesla has maintained that AI4/HW4 vehicles are capable of self-driving operation, but AI5 will likely help the company make significant strides, especially in terms of overall performance and data collection.
Tesla last updated its exterior cameras on its vehicles back in early 2023, as it transitioned to the 5-megapixel IMX963. It also added additional cameras to its vehicles in January with the new Model Y, which featured an additional lens on the front bumper to help with Full Self-Driving.
Tesla’s new self-driving computer (HW4): more cameras, radar, and more
