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Live Updates: Tesla Giga Berlin final environmental permit press conference
After two years of construction, Tesla Gigafactory Berlin has secured its final environmental approval. The approval was discussed by Brandenburg Minister-President Dietmar Woidke during a press conference today.
A background of Tesla Giga Berlin, as well as the delays that hit the project along the way, have been discussed in our previous coverage from earlier today. Click here to access our backgrounder on Tesla’s Giga Berlin project.
But today, it’s all about Giga Berlin’s final environmental approval. The following were the topics discussed during the press conference, as well as some notable updates and quotes during the press conference (Quotes provided by Google Translate unless otherwise stated).
A press release has been sent out by Brandenburg about Tesla Gigafactory Berlin’s final approval. The following are some of the highlights from the document.
Potsdam/Frankfurt (Oder) – Today, Friday (March 4), the State Office for the Environment (LfU), which is responsible for immission control approval procedures, issued the approval for the Tesla factory in Grünheide (Oder-Spree district) in Brandenburg and handed it over to the project developer.
The approval notice will shortly be published in the official gazette for the state of Brandenburg, in the local daily newspapers and on the internet. The notice of approval is available for two weeks from the date of publication in the municipality of Grünheide (Mark), the town of Erkner, the Spreenhagen office and the seat of the administration of the Oder-Spree district in Beeskow as well as in the State Office for the Environment in Frankfurt (Oder) inspection off. The period of one month during which objections to the approval can be raised begins with the end of the exhibition. At the same time, the approval notice is published on the Internet on the EIA portal of the state of Brandenburg, where it can be viewed until the end of the objection period.
The project, which was approved with the 536-page decision, includes the plan for the production of up to 500,000 vehicles per year, aluminum smelting plants and an aluminum foundry, plants for surface treatment, heat generation, and storage. The facility also includes battery cell production, an operational wastewater treatment plant, a fire brigade equipment house, a high-bay warehouse, as well as laboratories and workshops.
The Tesla approval process is unusual in several ways. In a comparatively short time, the State Office for the Environment inspected and approved not just a factory, but an entire industrial area with several large-scale plants and repeated public participation.
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06:55 a.m. PST – Grunheide Mayor Arne Christiani highlights that Tesla’s work is a Herculean task. He also points out that Giga Berlin will provide opportunities, particularly jobs, in the area. Commenting on how the electric vehicle facility could benefit the region, the official stated that Tesla bringing Giga Berlin to the area is similar to “winning the lottery.”
06:52 a.m. PST – Jorg Steinbach takes the stage. He speaks about how important Giga Berlin is to the region. Brandenburg, after all, was not that prolific for high-profile investments before. With Tesla’s Gigafactory Berlin, the state is now high on the list of locations that companies are looking at for industrial projects. Tesla’s presence has already signaled the development of an entire integrated supply chain.
06:50 a.m. PST – With the final approval now secured, Tesla now has to secure its operational permit for Giga Berlin’s Model Y production. About 400 conditions and requirements have been defined in the permit, which may seem like a lot, but are really not many, according to Vogel. The permit includes 23,700 pages of applications (HT Alex Voigt).
06:49 a.m. PST – Vogel reiterates that the final permit for Gigafactory Berlin is an “intermediate step.” He also praised those who were responsible for the approval of Giga Berlin, as they did not lose sight despite all the noise surrounding the project. “Those responsible for the approval have not been deterred by the media and political attention to the project. [We] have checked the approval requirements in this process,” Vogel remarked.
06:48 a.m. PST – Alex Vogel takes the stage and discusses the meticulous process involved in the approval of Gigafactory Berlin. “It couldn’t have been done faster, but we have to say that every procedure was carried out within the framework for federal German law approval,” he said.
06:46 a.m. PST – The Minister-President did highlight, however, that while the approval of Tesla Giga Berlin is a good day for the state of Brandenburg, it should not take away from the grave situation in Ukraine, which is currently being attacked by Russia. “I very much hope that this criminal attack by Putin on Ukraine will end as quickly as possible,” Woidke said.
06:45 a.m. PST – Minister-President Woidke highlights that the approval process of Giga Berlin was a challenge for Germany. “You know (this) was also doubted across Germany at the time. Is it even possible in Germany to meet the requirements, is it possible within two years to get the third-largest automobile factory in Germany (approved)? That’s what we’re talking about there, after all, building it up and making it a success…. I learned a lot from this project, yes. I also learned that (while) planning and approval is possible in Germany, I also have to change a lot. That is a discussion that we will continue at the federal level,” the Minister-President said.
06:41 a.m. PST – Almost 3,000 Tesla employees are already working daily in Gigafactory Berlin (credit to Alex Voigt for this translation)
06:40 a.m. PST – Minister-President Woidke notes that the approval of Giga Berlin was a mammoth task for Brandenburg. “I do believe that today, this March 4th, is a big step into the future for Brandenburg… I’m firmly convinced that in 20, 30, 40 years, if you look at the history of Brandenburg, there will be a time before Tesla and a time with Tesla,” Woidke said.
06:35 a.m. PST – Minister-President Woidke confirmed that the final construction permit for Gigafactory Berlin has been issued and given to Tesla.
06:30 a.m. PST – The press conference begins. Introductions are made. Brandenburg Minister-President Dietmar Woidke’s Tesla Team are introduced. Appreciation is extended to every member of “Task Force Tesla,” as each one was pivotal in getting the facility’s approvals passed.
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Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
