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Tesla gets open invite from Oklahoma to establish its headquarters in state
Tesla has received an invitation to move its headquarters to the Central U.S. state of Oklahoma after CEO Elon Musk hinted last week that his company could be leaving its current Northern California location.
Tesla and Musk have both received a series of offers from multiple U.S. states over the past week. Musk claims Tesla could sever its relationship with California after Alameda County, the jurisdiction that the Fremont factory sits in, overruled State Governor Gavin Newsom’s approval for manufacturing and transportation businesses to resume production.
Oklahoma State Representative Ryan Martinez and Governor Kevin Stitt are among a group of Oklahomans willing to welcome the electric carmaker into their state with open arms, Fox affiliate KOKH in Oklahoma City reported.
After Musk stated Tesla would be moving its company to Nevada and Texas, Rep. Martinez said, “Oklahoma is a wonderful place to do business. We’ve got a low tax base, a low cost of living, great incentives and services, and plenty of space to build a manufacturing headquarters and house all of your people.”
Before the COVID-19 virus ripped through the United States, Musk stated that the company would be exploring lands in the center of the country so it could plan on building a new Gigafactory that would assist in Cybertruck and Model Y production. While Musk posted a poll on his personal Twitter account that specifically mentioned Texas, there is no indication that he or the automaker has settled on the Lone Star State as its next home.
-->While speculation continues to persist over where Tesla will open its next Gigafactory, Oklahoma is indeed a state that fits all of the company’s needs in terms of land needed, location, and cost of operation.
Oklahoma is a flat and open state located in the center of the United States. When Musk talked about a new facility, he stated it had to be in the middle of the U.S., expediting the delivery process to East Coast customers.
Much of the land in Oklahoma is rural and maintained by farmers or is used for cattle grazing. However, there are large masses that remain unoccupied and would be perfect for Tesla’s newest, and perhaps most expansive, production facility to date.
As Rep. Martinez said, Oklahoma’s tax base, cost of living, and property value are significantly less than California’s. Less expensive operating expenses for the company would increase its profit margins and allow for a more comfortable living experience for employees.
According to bestplaces.net, the average cost of a home in California is $552,800. In Oklahoma, the average house costs just $124,800, making it much more affordable for workers who are on the production lines of Tesla’s factories every day.
-->Tesla’s invitations to the different U.S. states indicates that many territories recognize the positive economic and environmental impact the automaker would bring. Tesla employs 10,000 people at the Fremont facility. With Musk stating the newest Giga facility would be its largest yet, the company could end up using even more people in its new home.
Elon Musk reopened Tesla’s Fremont facility earlier this week against the wishes of Alameda County. Explicitly focused on getting employees back to work and ramping production, Musk said, “If anyone is arrested, I ask that it only be me.”
News
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 appears to be making a change to its exterior side repeater cameras, which are used for the company’s Full Self-Driving suite, and other features, like Sentry Mode.
The change appears to be a potential upgrade in preparation for the AI5 suite, which CEO Elon Musk said will be present on a handful of vehicles next year, but will not be widely implemented until 2027.
Currently, Tesla uses a Sony sensor lens with the model number IMX963, a 5-megapixel camera with better dynamic range and low-light performance over the past iteration in Hardware 3 vehicles. Cameras in HW3 cars were only 1.2 megapixels.
However, Tesla is looking to upgrade, it appears, as Tesla hacker greentheonly has spotted a new sensor model in its firmware code, with the model number IMX00N being explicitly mentioned:
Looks like Tesla is changing (upgrading?) cameras in (some?) new cars produced.
Where as HW4 to date used exterior cameras with IMX963, now they (might potentially) have something called IMX00N— green (@greentheonly) December 1, 2025
Sony has not announced any formal specifications for the IMX00N model, and although IMX963 has been used in AI4/HW4 vehicles, it only makes sense that Tesla would prepare to upgrade these external cameras once again in preparation for what it believes to be the second hardware iteration capable of fully autonomous self-driving.
Tesla has maintained that AI4/HW4 vehicles are capable of self-driving operation, but AI5 will likely help the company make significant strides, especially in terms of overall performance and data collection.
Tesla last updated its exterior cameras on its vehicles back in early 2023, as it transitioned to the 5-megapixel IMX963. It also added additional cameras to its vehicles in January with the new Model Y, which featured an additional lens on the front bumper to help with Full Self-Driving.
Tesla’s new self-driving computer (HW4): more cameras, radar, and more
Tesla sees sharp November rebound in China as Model Y demand surges
Tesla bear gets blunt with beliefs over company valuation
