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(Update) NY officials call on Tesla’s Elon Musk to reopen Gigafactory 2 for ventilator production
Officials from New York State are calling on Elon Musk and Tesla to reopen Gigafactory 2 in Buffalo for the production of ventilators and other critical medical equipment. The officials’ updates come amidst Tesla’s recent suspension of its Giga New York plant, as a means to protect employees from the ongoing spread of the coronavirus.
In a statement to ABC7 News, New York State Assemblyman Sean Ryan noted that everyone must do their part in helping the country address the C-19 pandemic. While Ryan lauded Elon Musk and the Tesla team for their efforts, the Assemblyman emphasized that the electric car maker’s Buffalo facility could be utilized to address the state’s current challenges with the virus.
Update: Tesla CEO Elon Musk confirms Giga New York will reopen for ventilator production as soon possible
Giga New York will reopen for ventilator production as soon as humanly possible. We will do anything in our power to help the citizens of New York.
— Elon Musk (@elonmusk) March 25, 2020
-->“There is no doubt that COVID-19 has created an unprecedented challenge for New York, for our nation, and for the entire world. At this difficult time, it is critical that each of us do our part to ensure our state can respond to the growing pandemic. I thank Elon Musk and the team at Tesla for announcing that they are working on a plan. Tesla’s factory in Buffalo would be an ideal location to ramp up ventilator production, and I urge them to make this commitment immediately,” he said.
Ryan also outlined his points in a letter to the Tesla and SpaceX CEO. The letter is as follows.
March 24, 2020
Dear Mr. Musk,
I write today regarding the growing COVID-19 pandemic and the ongoing efforts to fight the virus and save lives. I want to thank you and your company for announcing a plan to make ventilators to help meet the need for the essential part of the response to help save lives during the pandemic. As your plans move forward, I urge you to ramp up ventilator production at the Tesla factory located in Buffalo, New York.
-->With COVID-19 impacting every segment of our society and economy, Tesla’s solar production factory in Buffalo has currently suspended operations. At this difficult time, it is critical that each of us do our part to ensure our state can respond to the growing pandemic. New York State is the most impacted state in the nation with over 20,000 cases COVID-19, and the numbers are growing every day. It makes sense that increased ventilator production would happen here to ensure we can meet the growing demand of our healthcare system.
Sincerely,
Sean M. Ryan
Member of Assembly
It’s not just Assemblyman Ryan that has called on Tesla and Elon Musk to reopen Giga New York for the production of ventilators and other medical supplies that are pertinent in the fight against C-19. In a recent tweet, NYGOP Chairman Nick Langworthy advised Elon Musk that “emergency times call for emergency measures,” one of which is the repurposing Tesla’s Solarglass Roof and Supercharger facility for ventilator and medical supply production.
-->“Perhaps the @Tesla plant in Buffalo owned by New York State and gifted to @elonmusk should be repurposed to manufacture ventilators and critical medical equipment as soon as humanly possible. Emergency times call for drastic measures,” Langworthy wrote.
Perhaps the @Tesla plant in Buffalo owned by New York State and gifted to @elonmusk should be repurposed to manufacture ventilators and critical medical equipment as soon as humanly possible. Emergency times call fro drastic measures.
— Nick Langworthy (@NickLangworthy) March 19, 2020
News
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands.
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.
Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun.
“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website.
-->This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.
Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.
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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.
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.
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
Tesla sees sharp November rebound in China as Model Y demand surges
