News
Tesla resumes Gigafactory 1 solar panel installations
Tesla has resumed the buildout of its planned solar roofing system on its Gigafactory 1 in Reno, Nevada amidst the company’s positive third-quarter earnings report earlier this week.
Aerial images of Gigafactory 1 show additional progress has been made on the facility’s roof in the Nevada desert following the company’s quarterly earnings call that included plans to release new solar products to the public. Tesla has always planned to have Gigafactory 1 run on entirely renewable energy, with the factory’s roof capable of holding a 70 MW solar system. The array will be responsible for powering the entire 13-million square foot site when it is completed sometime in the future.
Speaking of Tesla Solar… now that Tesla is in the money, Gigafactory 1's solar roof buildout has resumed! pic.twitter.com/NItEdWmBto
— Nafnlaus 🇮🇸🇺🇦 (@enn_nafnlaus) October 25, 2019
While Gigafactory 1 is operating on some solar panels already, Tesla is obviously taking steps to install the remaining portions of the roof with solar panels in order to create a completely clean source of manufacturing for its battery cells and vehicles. Tesla spokespeople have stated in the past the company is working on optimizing the current power lines in order to create an environmentally sustainable manufacturing plant, a goal of the company’s since its initial design in November 2013. Tesla broke ground on the facility less than a year later in June 2014.
Tesla has always planned to have Gigafactory 1 operate on completely renewable energy. The company installed several clusters of solar panels in August 2018. During these installations last year, Tesla CEO Elon Musk stated Gigafactory 1 would be powered entirely by renewable energy by the end of 2019, a timeframe that will likely be pushed back. However, Tesla’s progress toward powering the entire facility is becoming evident. According to Tesla’s page regarding Gigafactory 1 on its website, the manufacturing plant is only 30% completed.
The solar panels will assist in the production of battery cells and electric vehicles in Gigafactory 1, where Tesla had ramped up the production rates in November 2018. The factory produces battery cells for the Model 3, as well as energy storage systems like the Powerwall and Powerpack.
When the solar panel installation project at Gigafactory 1 is completed, it will be recognized as one of the biggest manufacturing plants in the world as it transitions to renewable forms of energy for operation. It will be one of the cleanest, most energy-efficient and environmentally-friendly buildings in the world. Tesla plans for all of its manufacturing plants to become completely reliant on sustainable forms of energy, making the company produce Earth-friendly vehicles in Earth-friendly manufacturing settings.
News
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.
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.
Investor's Corner
Tesla bear gets blunt with beliefs over company valuation
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.
