News
Stellantis CEO predicts healthy competition with Tesla: “I am trying not to be arrogant, just confident”
Tesla may be leading the electric vehicle market today, but Stellantis CEO Carlos Tavares noted that the mega auto conglomerate has what it takes to catch up to the American EV maker in a couple of years. The executive stated that he believes that the competition between Stellantis and Tesla will be a healthy one, and it would be of benefit to consumers.
Tavares’ comments were shared on Friday during a televised Q&A session with reporters. During the session, the Stellantis CEO highlighted that he is not trying to be arrogant with his statements. He is simply confident of Stellantis’ opportunities in the electric vehicle sector.
“I am very confident. I am trying not to be arrogant, just confident of the fact that we are going to catch up in the next couple of years with Tesla — and it’s going to be a very healthy competition,” Tavares said.
Apart from sharing a comment on Tesla, Tavares also emphasized the importance of having a greater investment in charging networks in Europe and the United States. The CEO noted that creating a certain density of electric vehicle chargers would be particularly useful in persuading vehicle buyers to switch to electric cars.
On a more serious note, the Stellantis CEO clarified that the auto conglomerate would be moving its Russian van production to Western Europe. Stellantis would also be freezing its plans to invest more in Russia due to the country’s invasion of Ukraine. This is yet another blow to Russia, considering that just last January, Stellantis intended to utilize Russia as an export hub for its vans.
-->“New investments in Russia are not on the table,” the Stellantis CEO said.
Stellantis may not be early to the electric vehicle game, with the company just recently taking the wraps off its first all-electric Jeep, but CEO Tavares noted previously that its upcoming vehicles would be well worth the wait. In his comments at the company’s Dare Forward 2030 presentation, Tavares noted that Stellantis’ all-electric pickup, the Ram 1500 BEV, will “outperform all competitors on the attributes customers care about.”
Such statements are quite bold considering that the Ram 1500 BEV will be entering the market in 2024. By that time, competitors such as the Chevy Silverado EV and the Ford F-150 Lightning will already be in the market. Vehicles like the Tesla Cybertruck and the Rivian R1T will likely be ramped as well. Despite this, Tavares noted that Stellantis’ electric Ram will still be the best full-size electric truck.
“Our Ram 1500 BEV is coming to the hot pickup market in 2024. According to our internal performance index, our Ram 1500 will outperform all competitors on the attributes customers care about: range, towing, payload, and charging time. It’s built on top of our new STLA Frame architecture, designed specifically for full-size electric vehicles. Make no doubt, we will bring the best electric truck to the full-size segment, and Ram will continue delivering fully electrified solutions in the majority of its segment by 2025 and a full portfolio of electrified solutions for all of its segments no later than 2030,” he said.
Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.
-->
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.
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
