News
Tesla Giga Berlin seems on track to start Model Y production later than Giga Texas
In a recent statement to German media, Brandenburg Economics Minister Jörg Steinbach stated that he expects the final approval for Tesla’s Gigafactory Berlin facility to be released sometime in the fourth quarter of 2021. If this comes to pass, Model Y production in the facility would be starting several months or so later than expected, which may not seem like too much of a delay. It may, however, result in Gigafactory Texas, a facility that started its buildout several months after the Germany-based factory, starting its Model Y production earlier than its Germany-based sibling.
As per a report from Berlin.de, Steinbach stated that the principle of quality over speed applies in the approval process of Gigafactory Berlin. “The principle of quality over speed clearly applies in the approval process. The top priority is that the decision of the State Office for the Environment is ultimately legally secure. And the factory can only be opened once a positive approval decision has been made,” the minister said.
If the State Environment Agency refuses to grant Gigafactory Berlin’s final approval, Tesla would have to dismantle all the structures it has built on the massive Grünheide complex, which includes a plant designed to produce the Tesla Model Y. Tesla would also have to replace the monoculture forest that it cut down in the area. Steinbach, however, noted that he considers a final veto from the Environmental Agency to be practically impossible. “This is not about the approval of a new nuclear power plant,” he said.
Inasmuch as Giga Berlin is supported by the Economics Minister, there is no denying that the project is meeting a substantial amount of pushback from local entities. Legal challenges from the Naturschutzbund (Nabu) and the Green League over Giga Berlin’s latest early approval aside, Tesla is also being investigated by the Brandenburg’s State Environment Agency for allegedly constructing a refrigerant tank (which may still be empty) without permission. The complaints about Giga Berlin’s alleged “illegal” tanks were filed by the two environmental groups, and are cruelty being handled by the Berlin-Brandenburg Higher Administrative Court (OVG).
Similar issues have so far not plagued Gigafactory Texas. Since its announcement on the Q2 2020 earnings call, Giga Texas’ construction has been relatively smooth. It’s been roughly 350 days since the massive Texas-based facility was announced, and so far, trial runs for parts of the plant’s Model Y production line are already underway. Elon Musk even noted on Twitter back in April that limited production of the Model Y would begin in Gigafactory Texas this year, with volume production hitting its pace in 2022.
What is quite interesting is that Gigafactory Texas’s footprint exceeds that of Gigafactory Berlin. Tesla adopted a different pattern for Giga Texas by building large sections of the full factory immediately, and so far, such a strategy seems to be working well. However, what truly differentiates the Texas plant from its Germany-based counterpart is the amount of pushback against the project as a whole. While Giga Berlin could barely move these days without encountering loud complaints and legal actions from the Naturschutzbund (Nabu) and the Green League — or local news agencies for that matter — Giga Texas has so far been met with support.
This is quite an unfortunate situation overall, as Gigafactory Berlin actually started out strong. Following its initial announcement in November 2019, Giga Berlin’s first months showed a lot of progress, so much so that it seemed like the facility may be built faster than Gigafactory Shanghai, whose Model 3 factory was built and launched in less than a year. But just like Giga Texas, Gigafactory Shanghai was also constructed without much drama. Since its groundbreaking in January 2019, Tesla’s China-based facility has grown steadily, and today, it is already poised to export the Made-in-China Model Y to European territories.
Tesla opened orders for the Model Y in Europe recently, and the all-electric crossovers would likely be coming from Giga Shanghai. One could almost assume that Tesla opted for this strategy due to the delays in Giga Berlin. The Grünheide facility, after all, was initially expected to start Model Y production sometime in the latter half of 2021. But if Brandenburg’s Economics Minister optimistically believes that Giga Berlin’s final approval would be granted in the fourth quarter, then having Giga Shanghai’s Made-in-China Model Ys pick up the slack may indeed be a good idea.
-
Don’t hesitate to contact us with news tips. Just send a message to tips@teslarati.com to give us a heads up.
Elon Musk
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.
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.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
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.
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.
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.
News
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.
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.
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
