News
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.
Elon Musk
SpaceX weighs Nasdaq listing as company explores early index entry: report
The company is reportedly seeking early inclusion in the Nasdaq-100 index.
Elon Musk’s SpaceX is reportedly leaning toward listing its shares on the Nasdaq for a potential initial public offering (IPO) that could become the largest in history.
As per a recent report, the company is reportedly seeking early inclusion in the Nasdaq-100 index. The update was reported by Reuters, citing people familiar with the matter.
According to the publication, SpaceX is considering Nasdaq as the venue for its eventual IPO, though the New York Stock Exchange is also competing for the listing. Neither exchange has reportedly been informed of a final decision.
Reuters has previously reported that SpaceX could pursue an IPO as early as June, though the company’s plans could still change.
One of the publication’s sources also suggested that SpaceX is targeting a valuation of about $1.75 trillion for its IPO. At that level, the company would rank among the largest publicly traded firms in the United States by market capitalization.
Nasdaq has proposed a rule change that could accelerate the inclusion of newly listed megacap companies into the Nasdaq-100 index.
Under the proposed “Fast Entry” rule, a newly listed company could qualify for the index in less than a month if its market capitalization ranks among the top 40 companies already included in the Nasdaq-100.
If SpaceX is successful in achieving its target valuation of $1.75 trillion, it would become the sixth-largest company by market value in the United States, at least based on recent share prices.
Newly listed companies typically have to wait up to a year before becoming eligible for major indexes such as the Nasdaq-100 or S&P 500.
Inclusion in a major index can significantly broaden a company’s shareholder base because many institutional investors purchase shares through index-tracking funds.
According to Reuters, Nasdaq’s proposed fast-track rule is partly intended to attract highly valued private companies such as SpaceX, OpenAI, and Anthropic to list on the exchange.
Elon Musk
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
The new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The Boring Company announced that its Prufrock-2 tunnel boring machine (TBM) has completed another Vegas Loop tunnel in Las Vegas. The company shared the update in a post on social media platform X.
According to The Boring Company’s post, the new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The new tunnel marks the fourth tunnel constructed near Westgate Las Vegas as the Vegas Loop network continues expanding across the city.
The Boring Company also noted that the new tunnel surpassed its previous internal record of 2.26 miles for a single Vegas Loop segment.
Construction of the tunnel involved moving roughly 68,000 cubic yards of dirt. The excavation process also used about 4.8 miles of continuous conveyor belt, powered by six motors totaling 825 horsepower.
The Boring Company’s Prufrock-series all-electric tunnel boring machines are designed to support the rapid expansion of company’s underground transportation projects, including the growing Vegas Loop network. Prufrock machines are designed for reusability, thanks in no small part to their capability to be deployed and retrieved easily through their “porposing” feature.
The Vegas Loop, specifically the Las Vegas Convention Center (LVCC) Loop segment, has already been used during major events. Most recently, the LVCC Loop supported the 2026 CONEXPO-CON/AGG construction trade show, which was held from March 3-7, 2026.
As per The Boring Company, the LVCC Loop transported roughly 82,000 passengers across the convention center campus during the event’s duration.
CONEXPO-CON/AGG is one of the largest construction trade shows in North America, drawing more than 140,000 construction professionals from 128 countries this year.
The LVCC Loop forms the initial segment of the broader Vegas Loop network, which remains under active development as The Boring Company continues building new tunnels throughout the city.
News
Tesla gathers Cybercab fleet in Gigafactory Texas
Images and video of the Cybercab fleet were shared by longtime Giga Texas observer Joe Tegtmeyer in posts on social media platform X.
Tesla appears to be assembling a growing number of Cybercabs at Gigafactory Texas as preparations continue for the vehicle’s mass production. Recent footage shared online has shown over 30 Cybercabs being transported by trucks or staged near testing areas at the facility.
The images and video were shared by longtime Giga Texas observer and drone operator Joe Tegtmeyer in posts on social media platform X.
Interestingly enough, Tegtmeyer noted that many of the Cybercabs being loaded onto transport trucks were still equipped with steering wheels. This suggests that the vehicles are likely testing units rather than the final driverless configuration expected for the company’s Robotaxi service.
The vehicles could potentially be headed to testing sites across the United States as Tesla prepares to expand its Robotaxi fleet.
Additional footage captured at Gigafactory Texas also showed the Cybercab’s side and rear camera washer system operating as vehicles were being loaded onto transport trucks.
The growing number of Cybercabs at Giga Texas comes amidst the company’s announcement that the first production Cybercab has been produced at the facility. Full Cybercab production is expected to begin in April.
The vehicle is expected to play a central role in Tesla’s Robotaxi ambitions as the company looks to expand autonomous ride-hailing operations beyond its early deployments using Model Y vehicles.
Tesla has also linked Cybercab production to its proposed Unboxed manufacturing process, which assembles large vehicle modules separately before integrating them. The approach is intended to reduce production costs and accelerate output.
Musk has also noted that the Cybercab’s ramp will likely begin slowly due to the number of new components and manufacturing steps involved. However, he stated that once the process matures, Cybercab production could scale quickly.
SpaceX weighs Nasdaq listing as company explores early index entry: report
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
