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Tesla Model Y release timeframe for Europe will depend on Gigafactory Berlin
It appears that Tesla is betting big on the completion of Gigafactory Berlin’s first phase for its Model Y European ramp, with CEO Elon Musk mentioning on Twitter that the all-electric crossover will likely reach Switzerland in about a year. Musk also noted that the crossover would be coming from its upcoming electric car factory in Germany, Giga Berlin.
Tesla has already announced that Gigafactory Berlin will be starting its operations with the production of the Model Y. This is a bit of a departure from the company’s strategy with its first foreign factory, Gigafactory Shanghai, which began operations with a locally-produced version of the Standard Range Model 3 RWD.
Neither Tesla nor Elon Musk has hinted at which Model Y variants will kick off Giga Berlin’s vehicle production so far, though it’s possible that the electric car maker will follow Fremont’s footsteps and start with the Model Y Performance and Dual Motor AWD versions.
Elon Musk’s recent tweet appears to reflect the deadlines Tesla set for Giga Berlin that were hinted at by local German media earlier this year. Back in January, the Brandenburg Gazette published a report stating that Tesla intends to start vehicle production in its upcoming factory by 2021, with the facility producing the Model Y crossover at a rate of 3,000 units per week to start.
This is a departure from the company’s previous strategies as well, as Tesla usually starts its vehicle production at a rate of about 1,000 vehicles per week. Ultimately, starting Giga Berlin’s initial target of 3,000 Model Y per week shows that Tesla is very confident with its new vehicle, as well as its capability to produce it on a new factory.
At a rate of 3,000 per week, Tesla would likely be able to ramp the Model Y quickly in the European region, allowing the company to deliver the vehicle to countries such as Switzerland directly from Germany. This paves the way for more efficient operations, made possible by a vehicle production line that is tailor-fit for Tesla. The company has done this in Giga Shanghai’s Phase 1 building, which appears to be modeled after Fremont’s controversial, “tent”-based GA4 line.
Inasmuch as Elon Musk’s Model Y European release announcement is exciting, it does put quite a lot of pressure for the company and its construction partners for Gigafactory Berlin. So far, activities in the Brandenburg site have continued despite the coronavirus pandemic, but the pace of the factory has not been as fast as Gigafactory 3. Land leveling activities for the upcoming facility’s Phase 1 area are nearly done, which suggests that a groundbreaking event might be held soon. But this is still just the tip of the iceberg.
Following the groundbreaking event, Tesla and its construction partner for Giga Berlin would have to expedite its operations to ensure that the Model Y can be produced in the facility in about a year. Tesla’s China team and its construction partner was able to accomplish this feat, but it required 24/7 operations that continued through holidays. If Tesla’s Gigafactory Berlin team can pull off something similar, then a real European ramp for the Model Y may very well be feasible within Elon Musk’s timeframe.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
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Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
