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Tesla's hiring ramp in 2019 bucks traditional auto trends as TSLA continues to soar
Tesla short sellers have been choking on over $2 billion in losses as Tesla share prices set record highs recently, even hitting over CEO Elon Musk’s once-take-private price of $420 per share on Monday morning. As the year closes, one can only wonder why Tesla continues to grow despite doubts from the company’s most dedicated critics. Over this time, Tesla has also engaged in a hiring ramp that increased its employee count significantly.
Thinknum Alternative Data finance editor Jon Marino zeroed in on how Tesla job postings are related to Tesla stock’s (NASDAQ:TSLA) soaring prices. Marino noted that the electric car maker’s job postings have increased 125% since the start of the second half of 2019. During the same timeframe, TSLA stock soared by as much as 75%.
“Musk has added more staffers to his manufacturing group in 2019 already, in part driven by 97% more postings since the year began. Across Tesla job posting categories, there are a handful of groups seeing more job postings since the year began, like supply chain, as well,” he wrote.
Tesla’s Gigafactory 3 in Shanghai and Gigafactory 4 in Brandenburg, Germany have the potential to add even more employees to the company as well. Aside from the role these facilities will play in spreading Tesla’s presence in the biggest automotive markets in the globe, they will also create new jobs. For example, Tesla is looking to hire more frontline workers for its Gigafactory 3 facility that aims to produce 250,000 and eventually 500,000 vehicles per year. Meanwhile, Tesla’s Gigafactory 4 will hire 3,000 workers to start and may later increase to 8,000 employees for the upcoming factory.
Tesla can be considered a trendsetter in the automotive industry. Beyond its amazing mission to achieve sustainable energy, it has been defying what has been happening to the rest of the automotive industry. As Tesla expands and hires more people, other American carmakers have slashed their workforces at a pace fastest since the recession about a decade ago. During the first half of 2019, car manufacturers have cut almost 22,000 jobs.
Tesla’s products are also well-loved by the market. In fact, the Model 3 is the best-selling electric vehicle in the United States this year and even bucked the EV sales slump in China, the world’s largest electric car market. Its products also redefine conventions, as evidenced by the Cybertruck. The polarizing design of the futuristic electric pickup truck has gained all kinds of opinion from all directions, but no one can deny how it almost instantaneously made autophiles go head over heels with it as the 250,000 preorders clearly suggest.
With everything in the pipeline, Tesla has not hit the ceiling. With new funding from Chinese banks to support its Gigafactory 3 in China, the smooth-sailing negotiations for the Gigafactory 4 in Germany, and the much-awaited Model Y and Cybertruck, one can only expect that more TSLA skeptics will be converted in the near future.
Disclosure: I have no ownership in shares of TSLA and have no plans to initiate any positions within 72 hours.
Elon Musk
Elon Musk’s Boring Company selected for Universal Orlando tunnel project
The underground transport tunnel is designed to address the persistent gridlock surrounding International Drive.
Elon Musk’s The Boring Company has been selected for a proposed underground transit system connecting Universal Orlando Resort and the newly opened Universal Epic Universe.
The underground transport tunnel is designed to address the persistent gridlock surrounding International Drive.
As noted in a blooloop report, Universal’s Shingle Creek Transit and Utility Community Development District approved a resolution showing its intent to designate The Boring Company as the contractor for the project.
The agreement covers the full scope of the project, from the tunnel’s design, construction, and maintenance. The project has also been described in public documents as a “point-to-point innovative transportation” initiative with a 25-year agreement.
The proposed Boring Company tunnels would directly link Universal’s existing parks with Epic Universe, which sits roughly three miles away from Universal Orlando Resort. Today, buses are the only direct connection between the two destinations.
Project requirements were quite stringent. Bidders were required to demonstrate at least $75 million in bonding capacity, have a minimum of seven years of operational experience, and show prior delivery of a comparable project valued at $25 million or more within the past 15 years. The Boring Company, thanks in no small part to the Vegas Loop, meets these requirements.
The Orlando selection adds to The Boring Company’s growing portfolio of Loop-style systems. In Las Vegas, the Las Vegas Convention Center Loop has transported more than two million passengers in Tesla vehicles through underground tunnels since 2021. The greater Vegas Loop system is also under construction.
For now, residents in the area seem enthusiastic about the upcoming project. In a comment to Fox35, residents noted that the tunnels could improve traffic in the area.
“We are very congested at certain times and certain hours and that would certainly help with people not having to budget their time,” Mary Walters-Clark, a resident, stated. Another resident, Scott Heinz, echoed similar sentiments. “I think it would be a new opportunity to lessen traffic load and good for visitors as well,” he said.
The tunneling startup has started bringing its Loop projects to international locations. It recently signed a memorandum of understanding with Dubai’s Roads and Transport Authority to explore the development of a 17-kilometer underground Loop network beneath Dubai.
Elon Musk
Elon Musk tops Forbes’ list of America’s 250 greatest innovators
The ranking places Musk at the top of modern American innovation.
Elon Musk has been ranked No. 1 on Forbes’ inaugural list of America’s 250 Greatest Innovators. The ranking places Musk at the top of modern American innovation as the publication kicks off a series celebrating the nation’s 250th anniversary.
Forbes described innovation as “the grease in the economic engine” and the force that transforms industries and creates new ones. The publication highlighted that its honorees are not just inventors, but business leaders who successfully bring breakthroughs to market.
Musk, 54, was ranked No. 1 in this year’s list. Forbes noted that he is “the only person in history to have founded (or grown from nearly nothing) five companies, each with multibillion-dollar valuations, each in a different industry.” Those companies include Tesla, SpaceX, Neuralink, xAI, and The Boring Company.
Forbes’ methodology began with nearly 1,000 nominees submitted by its reporters. A panel of judges, including venture capitalist Jim Breyer, journalist Kara Swisher, and strategy expert Rita McGrath, ranked candidates based on creativity, breadth, engagement, disruption, and commercial impact. Artificial intelligence tools, including ChatGPT and Gemini, were also used to assess candidates before editors finalized the rankings.
The publication noted that more than one-third of the list consists of women and people of color, reflecting shifts in innovation and entrepreneurship over time. All individuals listed are also American citizens, though many were born abroad, including Musk himself. Musk was born in Pretoria, South Africa.
Ranked No. 2 is Jeff Bezos, 61, who Forbes credited with upending America’s $7.4 trillion retail industry through Amazon before pioneering cloud computing with Amazon Web Services. The publication highlighted that Bezos now focuses on space exploration through Blue Origin and artificial intelligence manufacturing systems at Prometheus.
At No. 3 is Bill Gates, 70, who helped launch the personal computing revolution and built Microsoft into the dominant force in workplace software. Forbes also highlighted Gates’ reinvention at age 50 as a data-driven philanthropist, including his role in helping eradicate polio from India.
Elon Musk
Tesla Model Y tops California vehicle sales despite Elon Musk backlash
Data from the California New Car Dealers Association (CNCDA) showed the Model Y outsold its nearest competitor by more than 50,000 units.
The Tesla Model Y was California’s best-selling new vehicle in 2025 for the fourth straight year, despite protests against CEO Elon Musk and a changeover to the Model Y’s updated variant that caused a pause in production and deliveries early in the year.
Data from the California New Car Dealers Association (CNCDA) showed the Model Y outsold its nearest competitor by more than 50,000 units, according to KRON4.
The Model Y recorded 110,120 registrations in California in 2025. The second-best-selling vehicle, the Toyota RAV4, posted 65,604 units, followed by the Toyota Camry at 62,324. The Tesla Model 3 ranked fourth with 53,989 sales, ahead of the Honda Civic at 53,085 units.
Despite leading the state, Model Y sales have trended downward year-over-year. Registrations fell from 132,636 in 2023 to 128,923 in 2024, and then to 110,120 in 2025. Overall Tesla sales in California also declined, dropping from 238,589 in 2023 to 202,865 in 2024 and 179,656 in 2025.
The slowdown comes as the federal $7,500 EV tax credit ended, removing a key incentive that had supported electric vehicle demand for years.
“Tesla has a few advantages. Tesla, as a brand, has a status, cache, so I think folks in certain parts of the Bay. Owning a Tesla is a thing. I think that’s breaking down over time, especially given the political controversies surrounding Mr. Musk,” CNCDA President Brian Maas said.
California saw multiple anti-Musk protests in 2025, along with notable reports of consumer-owned Teslas being vandalized and attacked by protesters and activists. The fact that the Model Y and Model 3 remained strong performers in California is then a testament to the quality and value of the two vehicles.
Tesla’s sales of the Model Y and Model 3 might see an increase this year, as the company has announced that it is sunsetting its two more expensive cars, the Model S and Model X. With the Model S and Model X retired, more consumers will likely go for the Model Y and Model 3.
“Maybe the Model S has outlived its usefulness in terms of attracting customers. It’s no surprise the ones they kept are the Model Y and Model 3,” Maas noted.
Elon Musk’s Boring Company selected for Universal Orlando tunnel project
Elon Musk tops Forbes’ list of America’s 250 greatest innovators
