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Tesla launches Giga Berlin website with focus on jobs and commitment to sustainability

Tesla Giga Berlin-Brandenburg (Source: Tesla)

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Tesla launched the official website of Giga Berlin to showcase a multitude of career opportunities and the company’s strong commitment to sustainability for its first European factory.

With goals to create as much as 12,000 new jobs for residents of Grunheide, talent from across Germany and the rest of Europe, Tesla is looking to fill various positions in construction, manufacturing, engineering, and operations.

“Phase 1 will focus on production of Model Y, with a target capacity of 10,000 vehicles per week. We estimate that during Phase 1, we will employ up to 12,000 people, with roles being filled by local residents and employees from wider Europe. We want the best talent collaborating and working together to achieve the mission,” Tesla wrote on its new Giga Berlin website.

In addition to the various positions that Tesla seeks to hire for construction of its factory are manufacturing and engineering roles that will be focused on production line design as well as vehicle manufacturing.

Tesla is looking to form a team of professionals that will help “create the factory of the future” at Giga Berlin. Among the job openings is a position for a stamping production manager who will oversee the designing and building of new tooling for the production line.  Tesla is also looking to hire chemical engineering leads who can help “create novel detailed designs for a wide range of systems from electrolyte to high purity water,” a position that can be crucial in the planned battery cell production at Giga Berlin.

The new positions in Germany further bolster Tesla’s strong presence in Europe as an employer. The company already has a strong workforce at its Model S and Model X assembly facility in Tilburg in the Netherlands, as well as at the Tesla Grohmann Automation in Prum, Germany. These facilities account for around 5,500 workers.

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Tesla plans to begin construction of the Giga Berlin by mid-March and begin production as early as July 2021. In January, the Tesla board has approved the purchase agreement of the Grunheide property for about $45 million and is awaiting the second appraisal of an independent party. The electric car manufacturer has also started submitting documents needed to process a grant that can amount to 100 million to help fund the construction of Giga Berlin.

Earlier this week, the clearing of trees on the Giga Berlin build site was put on hold by court order after an environmental group lodged a complaint. Tesla has promised since the start to comply with all the rules in Germany and to focus on sustainability. It has outlined recently the environmental control measures it is taking to abide by the strict rules in the country such as relocation of wildlife from the forest. The Silicon Valley-based carmaker also put these things in the spotlight on its Giga Berlin website where it messages its commitment to improving the environment near Giga Berlin and the rest of the state of Brandenburg by collaborating with experts, environmental groups, residents, and German authorities.

Tesla will be replanting an area three times the size of its factory plot and has, so far, identified potential mass tree planting zones in Brandenburg an der Havel, Baruth/Mark, and Baad Saarow.

Giga Berlin will also install solar in a bid to help achieve the country’s “Energiewende” goals. Energiewende is the planned transition of Germany to a nuclear-free economy and expand the usage of renewable energies. The country aims to cut its greenhouse gas emissions by 40% this year, by 55% in 2030 and up to 95% come 2050 compared to the GHG levels in the 1990s.

On Wednesday, the Minister for Economic Affairs Jorg Steinbach will issue an update on the state of preparations for Giga Berlin during a meeting of the Economic Committee in the State Parliament.

Recently, Federal Minister of Economics Peter Altmaier voiced his support for the speedy construction of Giga Berlin, pointing out that any delay defeats the purpose of climate protection.

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“The construction of the Tesla automobile plant in Brandenburg has been of great importance for more climate protection and one of the most important industrial settlements in the new federal states for a long time,” Altmaier said.

 

A curious soul who keeps wondering how Elon Musk, Tesla, electric cars, and clean energy technologies will shape the future, or do we really need to escape to Mars.

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Elon Musk

Elon Musk will give ‘every kid in America’ a SpaceX share in 2027

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Credit: Grok Imagine

Elon Musk said he is planning to give “every one of his SpaceX shares to every kid in America” in 2027, stating that “this will be the first of many.”

SpaceX went public earlier this year, and its stock price has been relatively stable since leveling off shortly after its IPO. Based on its current price, it’s a gift of just over $10 billion to children across the United States.

It appears to be closely related to President Donald Trump’s bank accounts for children, which were set up earlier this year as Trump Accounts.

Just hours earlier, Anthropic had announced the establishment of its Anthropic Public Benefit Fund, “a new wholly-owned entity dedicated entirely to public benefit.” Musk responded by stating he recommended “giving the shares directly to the public,” and that he would be doing it that way.

Just a little bit later, Musk said children across the U.S. would be getting a share from him:

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There are roughly 70 million children, meaning someone under the age of 18, in the United States, according to the Federal Interagency Forum on Child and Family Statistics. Musk’s ownership of SpaceX stock shows he has around 849 million Class A shares of SpaceX stock, according to filings with the SEC.

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Elon Musk

Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning

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Elon Musk addresses the crowd next to the new Tesla Roadster, which Tesla offers in Performance, Thrust and Rocket versions. (Image: Tesla/X)
Elon Musk addresses the crowd next to the new Tesla Roadster, which Tesla offers in Performance, Thrust and Rocket versions. (Image: Tesla/X)

Tesla CEO Elon Musk took to his social media platform X on Sunday to remind everyone that the Roadster’s true meaning is not about company growth or adding dollars to shareholders’ pockets. Sometimes, you just do things because you can.

Following the Roadster’s epic unveiling event last Thursday, skeptics and critics of the company or the project itself came out to say that the vehicle is a pointless project because it is not geared toward growing the company, delivering supreme margins for profitability, nor does it contribute to the big picture of Artificial/Super Intelligence.

But that’s just the thing: Roadster is not meant to be some shareholder dream; it’s meant to be a vehicle that people buy just because it is something awesome, unique, and the first of its kind.

Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds

Musk had to remind those who are skeptical about the Roadster’s importance to the company mission that while it is not a major contributor to Tesla’s long-term goals, it is something that is being built just because it can be:

“Optimus and Cybercab will be the vast majority of Tesla’s value. The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power, and mass to space. And, of course, if you have the first two, the rest will follow. But Roadster is super cool, so we’re doing it anyway.”

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Musk has said on many occasions that Optimus would be the project that would make up the vast majority of Tesla’s value in the coming years.

Robotics will be a major focus of Tesla over the coming years, especially as Musk believes Optimus will enable work to be optional for humans and will enable what he calls “High Universal Income.”

Cybercab will be a passive income opportunity for owners, Musk and Tesla have said for a very long time, as a fleet of self-driving vehicles will operate within a ride-hailing Robotaxi service that won’t require a human driver to be present.

Tesla investors are more than enthusiastic about the company’s future projects, at least from a general consensus perspective. However, it is important to note that the Roadster is a fun and cool project that pushes the boundaries of what people thought was possible for an automobile.

What we saw last week was the first true example of a flying car, and despite the backlash about how it might not contribute to Tesla’s grand ambitions, it’s okay to have fun sometimes, too.

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Investor's Corner

SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching

SpaceX reports earnings Tuesday as Wall Street watches AI spending, Starlink growth and Tesla merger

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SpaceX reports third quarter results after the market closes Tuesday, with a webcast at 4:30 p.m. ET streamed on X, and Tesla follows a day later. Bloomberg consensus, cited by Pepperstone, calls for revenue of $12.89 billion, adjusted EBITDA of $6.62 billion and adjusted EPS near $0.15. That would be about 65% growth from the second quarter and SpaceX’s first profitable quarter since its IPO. Analysts expect roughly $6.4 billion from AI and $4.9 billion from Starlink, which is projected to reach 14.3 million consumer subscribers. Capital spending is forecast at $19.6 billion, leaving free cash flow near negative $11.6 billion.

The numbers matter because SpaceX has spent months trying to win over a skeptical market. It priced its record IPO at $135, spiked to $225.64, then sank near $105 in early August. Friday’s close of $146.03 sits about 28% below the June high. The Q2 report beat on revenue at $7.8 billion and put Starlink at 12 million subscribers, but $18.4 billion of capex hurt the stock. Since then SpaceX reached orbit on Starship Flight 14 with 26 Starlink V3 satellites, agreed to buy 800 MHz spectrum for about $8 billion as part of its Starlink Mobile push, and signed a fourth compute hosting deal in four months worth roughly $13 billion a year from December. Management is targeting more than 2 gigawatts of compute by year end and a $100 billion annualized revenue run rate. Evercore ISI, which raised its target to $275, said the quarter may be judged more on those targets than the reported figures

All of this sits under the Tesla merger question. Barclays analyst Dan Levy expects an all stock deal in which SpaceX buys Tesla at a premium, using reference values of $2.1 trillion and $1.5 trillion, and said an announcement would need to come by late October or early November to be voted on at Tesla’s December 6 annual meeting. Barclays estimates Musk would hold about 37% of the combined company and 56% of the votes. Musk said in July that combining companies cannot be discussed on an earnings call, but an investor question asking when SpaceX will merge with Tesla is sitting on SpaceX’s Q&A platform, and Teslarati has tracked how the Roadster demo revived the talk.

If a deal happens, Tuesday’s result would effectively set the price Tesla holders would receive. Their shares would convert into SpaceX stock, along with exposure to a company with a heavy investment on AI, while Tesla itself expects 2026 capex above $25 billion. A strong quarter and calmer spending would make that exchange easier to sell. Another round of heavy capex and a falling stock would make it harder.

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