

News
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.
***
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.
Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.
Elon Musk
Tesla executes ‘a must’ with Musk as race to AI supremacy goes on: Wedbush
Dan Ives of Wedbush says Tesla made the right move getting Elon Musk his pay package.

Tesla (NASDAQ: TSLA) executed what Wedbush’s Dan Ives called “a must” this morning as it finalized a new pay package for its CEO Elon Musk.
The move helped give Musk his first meaningful compensation at Tesla since 2017, when the company offered a pay package that was based on performance and proven growth. That package was approved by shareholders on two separate occasions, but was denied to Musk both times by the Delaware Chancery Court.
On Monday, Tesla announced on X that it had created a new package that would give 96 million shares of restricted stock to Musk to compensate him for the “immense value generated for Tesla and all our shareholders.”
🚨 BREAKING: Tesla has announced that its Board has unanimously approved a recommendation from the Special Committee of the Board to grant Elon an award of restricted stock equal to approximately one-third of the compensation he earned under the 2018 CEO Performance Award.
The… https://t.co/g7RKrTymDL pic.twitter.com/dnvkILlz6H
— TESLARATI (@Teslarati) August 4, 2025
The details of the pay package are designed to retain Musk, who has voiced some concerns about his control of Tesla, as “activist shareholders” have used lawsuits to disrupt the previously approved package.
You can read all the details of it here:
Tesla rewards CEO Elon Musk with massive, restricted stock package
Ives says Musk’s retention is ‘a must’
Ives said in a note to investors on Monday that with the raging AI talent war that Tesla made a smart move by doing what it could to retain Musk.
He wrote:
“With the AI talent war now fully underway across Big Tech, we believe this was a strategic move to keep TSLA’s top asset, Musk, would stay focused at the company with his priority being to bolster the company’s growth strategy over the coming years. With this interim award increasing Musk’s voting rights upon this grant, which Musk honed in on and mentioned was increasingly important to incentivize him to stay focused on the matters at hand, this was a strategic move by the Board to solidify Musk as CEO of Tesla over the coming years with this framework for Musk’s pay package and greater voting control removing a major overhang on the story.”
He went on to say:
“While the groundwork is now in place for the next few years, it will be critical for the Tesla Board of Directors to get this long-term compensation strategy in place prior to the company’s November 6th shareholder meeting which would address the elephant in the room and remove a significant overhang on the stock.”
Wedbush maintained its Outperform rating and its $500 price target on the stock.
Elon Musk
Tesla CEO Elon Musk reveals ideal timeline for insane self-driving feature
Tesla CEO Elon Musk has extremely optimistic expectations for Full Self-Driving progress by the end of 2025.

Tesla CEO Elon Musk has revealed his ideal timeline for what would likely be the most insane self-driving feature: the ability for drivers to play video games at the wheel.
There are a handful of videos out there of drivers already performing this task. Nobody using Tesla’s Full Self-Driving suite should perform these activities, as the company maintains the system is not fully autonomous.
Drivers are responsible for the vehicle and should be prepared to take over.
Tesla has put a lot of faith in its development of Full Self-Driving and has made tremendous strides over the past few years. Capabilities have gotten more refined and accurate through various methods, including data collection and hardware improvements.
Tesla kicks Robotaxi geofence expansion into high gear in Austin
It has gotten so good that Tesla launched a Robotaxi platform in Austin, Texas, on June 22. Passengers can hop in the back of a Model Y and will be transported around the city in a confined geofence that is about 90 square meters in size. There is nobody in the driver’s seat, but there is a Safety Monitor in the passenger’s seat.
Tesla launched a similar experience in California’s Bay Area last week, but the company has placed the Safety Monitor in the driver’s seat for that region for the time being.
Eventually, Tesla will get to a point where no monitor is needed, and the vehicles will be able to drive themselves. Many believe that it is a few years away, but Musk believes Tesla could achieve it very soon.
After a video of someone playing Grand Theft Auto in their Cybertruck while operating Full Self-Driving was shared on the social media platform X, Musk said this capability would be available in “probably 3 to 6 months, depending on regulatory approval in your city and state.”
Probably 3 to 6 months, depending on regulatory approval in your city and state
— Elon Musk (@elonmusk) August 3, 2025
It is important to remember that Musk has been very optimistic regarding autonomy timelines with Tesla projects. We heard for many years that the company would have self-driving vehicles “by the end of the year,” and those projects did not come to fruition.
While there was progress, there were no fully autonomous vehicles or software versions for customers.
With that being said, Tesla has made tremendous strides in its quest for autonomous vehicles this year, and launching a Robotaxi platform was a huge step in the right direction.
Elon Musk
Tesla rewards CEO Elon Musk with massive, restricted stock package
Tesla announced a new pay package for Elon Musk that is restricted and will award him nearly $30 billion for contributions to the company.

Tesla has rewarded CEO Elon Musk with a massive, restricted stock package that equates to about $29 billion in shares in an effort to retain him as the head of the company.
It is also a package that aims to reward Musk for leading numerous Tesla projects that have brought billions in value for shareholders over the past seven years. After his 2018 pay package was rejected by a Delaware Chancery Court, Musk started to question his future at the company.
This move, performed by a Special Committee of the Tesla Board, should retain him for several years.
🚨 BREAKING: Tesla has announced that its Board has unanimously approved a recommendation from the Special Committee of the Board to grant Elon an award of restricted stock equal to approximately one-third of the compensation he earned under the 2018 CEO Performance Award.
The… https://t.co/g7RKrTymDL pic.twitter.com/dnvkILlz6H
— TESLARATI (@Teslarati) August 4, 2025
On Monday morning, Tesla shared on X that it had approved a recommendation from a Special Committee comprised of Board Chair Robyn Denholm and fellow board member Kathleen Wilson-Thompson. It aimed to compensate Musk for his “extraordinary work” and reward him after not receiving “meaningful compensation” for the last eight years.
The post stated that “Tesla is committed to honoring its promises in the 2018 CEO Performance Award and intends to compensate its CEO for his future services commensurate with his contributions to our company and shareholders, we have recommended this award as a first step, ‘good faith’ payment to Elon.”
The award includes the following:
- 96 million restricted shares of stock, subject to Elon paying a purchase price upon meeting a two-year vesting term, to be delivered after receipt of antitrust regulatory approval
- The purchase price will be equal to the split-adjusted exercise price of the stock options awarded to Elon under the 2018 CEO Performance Award ($23.34 per share)
- A requirement that Elon serve continuously in a senior leadership role at Tesla during the two-year vesting term
- A pledging allowance to cover tax payments or the purchase price
- A mandatory holding period of five years from the grant date, except to cover tax payments or the purchase price (with any sales for such purposes to be conducted through an orderly disposition in coordination with Tesla); and
- If the Delaware courts fully reinstate the 2018 CEO Performance Award, this interim award will be forfeited or returned or a portion of the 2018 CEO Performance Award will be forfeited. To put it simply, there cannot be any “double dip.” Elon will not be able to keep this new award in addition to the options he will be awarded under the 2018 CEO Performance Award, should the courts rule in our favor
The board added:
“The Special Committee believes now is the right time to take decisive action to recognize the extraordinary value that Elon created for Tesla shareholders. As such, the Board (with Elon and Kimbal Musk recusing themselves) has unanimously approved a recommendation from the Special Committee of the Board to grant Elon an award of restricted stock equal to approximately one-third of the compensation he earned under the 2018 CEO Performance Award.”
Musk and his brother, Kimbal, are both members of the Tesla board. However, both Musk brothers recused themselves from any voting on this pay package.
The move comes as Musk has hinted on several occasions that he is concerned about his control of the company. His current stake in Tesla stands at about 12.8 percent. He has said a few times he would be more comfortable with a 25 percent stake to protect himself against “activist shareholders.”
He commented on it during the Q2 Earnings Call in late July:
“That is a major concern for me, as I’ve mentioned in the past. I hope that is addressed at the upcoming shareholders’ meeting. But, yeah, it is a big deal. I want to find that I’ve got so little control that I can easily be ousted by activist shareholders after having built this army of humanoid robots. I think my control over Tesla, Inc. should be enough to ensure that it goes in a good direction, but not so much control that I can’t be thrown out if I go crazy.”
The pay package should alleviate any concerns that Tesla would lose Musk as its CEO. Retaining him is perhaps the biggest step in ensuring consistent progress is made on several fronts, including AI and Robotics.
-
News1 week ago
Tesla hints a smaller pickup truck could be on the way
-
Elon Musk2 weeks ago
Elon Musk gives key update on plans for Tesla Diner outside of LA
-
Investor's Corner2 weeks ago
LIVE BLOG: Tesla (TSLA) Q2 2025 earnings call updates
-
Elon Musk2 weeks ago
Elon Musk’s Neuralink posts massive update with new milestone
-
Elon Musk2 weeks ago
Tesla Supercharger Diner officially opens: menu, prices, features, and more
-
News2 weeks ago
Tesla sells 3 million Model 3 since 2017, one in every 1.5 minutes
-
News2 weeks ago
Tesla rolls out update to Robotaxi service that makes pickups so much better
-
Investor's Corner2 weeks ago
Tesla analyst says this stock concern is overblown while maintaining $400 PT