Tesla executives and local politicians have supported Giga Berlin after its production stopped due to an arson attack.
On March 5, 2024, Giga Berlin halted operations and evacuated employees following a suspected arson attack on the Seinfurt power substation near Tesla’s factory. A left-wing extremist group called the Vulcan group took responsibility for the arson attack, claiming they “sabotaged Tesla today.”
The Vulcan Group aims to destroy Giga Berlin completely. It believes Tesla is usurping the Earth’s resources, people, and labor to produce its vehicles.
Wir stehen fest an der Seite unserer Mitarbeitenden, der Menschen in Grünheide und Umgebung und all derer, die von diesem gegen Tesla gerichteten Brandanschlag auf das öffentliche Stromnetz betroffen sind.
Die Sicherheit unserer über 12.000 Tesla-Mitarbeitenden hat für uns… https://t.co/InfiiNKGeX— Tesla Manufacturing (@gigafactories) March 5, 2024
Tesla CEO Elon Musk has called out Vulcan Group, calling them eco-terrorists.
“These are either the dumbest eco-terriorists on Earth or they’re puppets of those who don’t have good environmental goals. Stopping production of electric vehicles, rather than fossil fuel vehicles, ist extrem dumm,” Musk replied to a post on X.
-->The Vulcan Group’s arson attack on Giga Berlin affected more than Tesla. It also affected neighboring areas, cutting power to critical infrastructure. Tesla Manufacturing—the company’s X account dedicated to its Gigafactories—discussed the aftereffects of the arson attack and the potential consequences of the Vulcan Group’s actions.
“The safety of our more than 12,000 Tesla employees is our top priority, and we are pleased that no one was injured in this attack. In addition to us, many other people in the region are affected by the power outage, and we condemn this reckless attack.
“We are shocked that damage to critical infrastructure such as clinics and personal injuries were apparently accepted. We assume that law enforcement authorities and courts will hold those responsible,” stated part of Tesla Manufacturing’s post.
Ich verurteile den Brandanschlag auf die Stromversorgung von @Tesla aufs Schärfste. Das ist eine in keiner Weise zu tolerierende Eskalation, unter der Menschen, Beschäftigte & Unternehmen der Region zu leiden haben. Danke an das professionelle Handling bei Tesla und @EDIS_AG pic.twitter.com/9QiQzwXPpr— Jörg Steinbach (@joergstb) March 5, 2024
Local politicians, including Brandenburg’s Prime Minister Dietmar Woidke and State Minister Jörg Steinbach of Economic Affairs, Labor, and Energy, have condemned the actions of the Vulcan Group and thanked Tesla for handling the arson attack on Giga Berlin professionally.
Prime Minister Woidke is taking all necessary measures to ensure that the law is upheld regarding the arson attack on Tesla, reported NTV.
-->“It is obviously a serious attack on our critical infrastructure with consequences for thousands of people and many small and large businesses in our country…If the suspicions of a terrorist attack are confirmed, the Federal Prosecutor General will have to take over the investigations,” said the Prime Minister of Brandenburg in Postdam.
He emphasized that attacks on critical infrastructure are a form of terrorism, and it is necessary to take action by the rule of law.
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Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands.
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.
Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun.
“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website.
-->This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.
Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.
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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 Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
Tesla sees sharp November rebound in China as Model Y demand surges
