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Tesla submits Gigafactory Berlin approval documents: Environment Ministry

(Credit: @factorymodes/Twitter)

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Tesla has submitted all of the required documents for the German State of Brandenburg to approve the operation and production of electric vehicles at the company’s first European production facility known as Gigafactory Berlin. The Environment Ministry of the German State of Brandenburg announced that it had received all necessary documentation from Tesla and any relevant agency.

The approval process is still ongoing, and there is no current projection of when the approval could be passed down.

Tesla has been developing Gigafactory Berlin since late 2019 when CEO Elon Musk announced the plant’s creation while accepting an award. It has been anything but a smooth process for the Silicon Valley-based carmaker, as government regulations and resistance from local citizens and environmental groups have derailed the process on several occasions. The plant was expected to begin production in late Summer or early Fall, according to Jörg Steinbach, Minister of Economics, Labor and Energy of the State of Brandenburg. The plant was then rumored to hit its most recent snag in early December when water pumping delivery rates for the nearby Eggersdorf waterworks had approved increased water pumping rates without the necessary testing. Reports indicated that some “observers” had doubted that Tesla would be able to receive approval and begin production before 2022.

The imminent operation and manufacturing approval now depends on the Government’s ability to give Tesla the green light, which is now possible because agencies have received all of the necessary paperwork, according to Reuters. Whether Tesla begins production before the end of 2021 ultimately leans on how quickly the documents are approved and the automaker is given a thumbs up to begin production.

Tesla CEO Elon Musk at Gigafactory Berlin in September 2020. (Credit: @AndreasOpperman/Twitter)

Brandenburg Minister-President Dietmar Woidke said a decision might come in early 2022.

Elon Musk has been critical of the German bureaucratic process and has stated in the past that it has slowed down much of Tesla’s efforts in Germany. Tesla even submitted a request to the German federal government in April that claimed the country should revise its permit approval process. “The German approval framework for industrial and infrastructure projects as well as for spatial planning is in direct contrast to the urgency of planning and action needed to combat climate change… In fact, the German approval processes that have been around for decades have not fundamentally changed. They come from a time when the need to deal with the global sustainability challenges seemed far less urgent than it is today. Furthermore, they are based on outdated procedures that effectively ensure that the construction of projects of any importance may last for many years,” the company wrote.

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Tesla will build the Model Y all-electric crossover, its most popular vehicle, at Gigafactory Berlin when production begins.

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Tesla new vehicle registrations in China surge to 12-week high

Quarter to date, Tesla’s insurance registrations are up 33.2% sequentially.

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Credit: Tesla

Tesla saw a notable jump in weekly new vehicle registrations in China, with 17,300 units recorded from September 15 to 21.

The figure marked a 12.7% increase from the previous week’s 15,350 units and represented the highest weekly total in the past 12 weeks. 

Model Y still leads the momentum

The Model Y continued to be Tesla’s best-selling vehicle in China, with 10,340 registrations during the week. Tesla’s recently introduced Model Y L, an extended wheelbase, six-seat variant that launched on August 19, contributed 850 units as deliveries began earlier this month. The Model 3 sedan added 6,060 registrations.

Tesla China noted that customers ordering the Model Y L today can expect deliveries to begin in November, hinting at the strong demand for the newly released vehicle, as noted in a CNEV Post report.

Tesla China’s quarterly performance

Tesla’s retail sales in China totaled 57,152 units in August, down 9.9% compared with the 63,456 units from the same month last year but up 40.7% from July’s 40,617 units, as per data from the China Passenger Car Association (CPCA). Quarter to date, Tesla’s insurance registrations are up 33.2% sequentially but remain 7.8% lower year-over-year.

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Despite Tesla China’s year-to-date numbers still being 5.9% lower than the previous year’s figures, it is difficult not to be impressed with the company’s momentum this Q3 2025. With Model Y L production likely picking up steam soon, the trend of the company’s new vehicle registrations in China may very well prove to be quite interesting in the coming quarter.

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Investor's Corner

Mizuho raises Tesla (TSLA) price target on stronger 2026 outlook

Mizuho also retained Tesla’s “Outperform” rating despite short-term industry challenges.

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Credit: Tesla Europe & Middle East/X

Mizuho Securities has lifted its price target for Tesla (NASDAQ:TSLA) shares to $450 from $375, citing a more optimistic view of the electric vehicle market in 2026. 

The firm stated that potential tariff headwinds appear less severe than earlier expected, while EV production volumes are trending higher across major automakers. Mizuho also retained Tesla’s “Outperform” rating despite short-term industry challenges.

Mizuho’s take

Mizuho analysts now forecast Tesla will deliver about 1.91 million vehicles in 2026, slightly down from their previous estimate of 1.95 million but still above Wall Street consensus. The firm pointed to Tesla’s planned lower-cost “Model 2” and potential Robotaxi launches as key drivers for growth over the next two years.

“We see TSLA maintaining key leadership in the U.S. BEV market despite some near-term challenges,” Vijay Rakesh, managing director at Mizuho, wrote in a research note. 

The note also highlighted Elon Musk’s recently approved compensation package and his $1 billion stock purchase, which Mizuho believes could align incentives with Tesla’s long-term projects, as noted in a Yahoo Finance report. These include advancing autonomous driving technology and pushing development of humanoid robots, both of which remain central to Musk’s vision of the company’s future.

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Mizuho is not the only firm that has cited Tesla’s long-term projects and the company’s leadership position in the AI and auto sector. In a recent note, Piper Sandler highlighted that despite the growing number of legitimate competitors for Tesla in places like China, the company still has a foundational role in shaping the industry’s direction, particularly in areas such as battery integration, vehicle software, and AI-powered features.

Piper Sandler also noted that competitors still look to Tesla for advancements in real-world AI applications. “Building AI-enabled machines requires data, talent, chips, and engineering prowess. Tesla compares favorably vs. the Chinese on all of these fronts,,” the firm noted.

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Tesla bolsters Referral Program with big change and bigger rewards

The Tesla Referral Program offers benefits to both car buyers and existing Tesla owners, including complimentary Full Self-Driving trials, free Supercharging miles, and discounts on select purchases, such as cars.

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Credit: Tesla

Tesla has bolstered its Referral Program by offering more significant benefits for both the referrer and the referee. However, it only applies to certain vehicles in the Tesla lineup.

The Tesla Referral Program offers benefits to both car buyers and existing Tesla owners, including complimentary Full Self-Driving trials, free Supercharging miles, and discounts on select purchases, such as cars.

It changes relatively frequently, and is a great way to encourage people to buy a new car. Tesla is routinely making adjustments to it to stimulate demand, but the referral program likely does not encourage too many sales. Instead, it’s more of a reward for the referrer.

However, the latest adjustments are more substantial for both the buyer and the owner, offering pretty sizeable discounts on the purchase price of a Model S, Model X, or Cybertruck.

There are also discounts for current owners, giving them money off of all five Tesla vehicles.

Here’s the rundown of the new Referral Program awards:

  • You’ll earn $250 in Tesla Credits for each person you refer who takes delivery of a new Tesla
  • The first 10 people who order a new Model S, Model X, or Cybertruck using your referral link and take delivery will receive $1,000 off their purchase
  • When you purchase a new Model S, Model X, or Cybertruck for yourself, you’ll get $1,000 off
  • When you purchase a new Model 3 or Model Y, you’ll get $500 off
  • Limited to 10 awards

This is a pretty big discount as $1,000 off a Model S, Model X, or Cybertruck is a nice benefit to three of Tesla’s most expensive vehicles.

The additional $500 off a Model 3 or Model Y is also a nice cushion. A similar Referral Program was launched by Tesla last August.

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