

Tesla Model 3
Tesla Gigafactory 3’s completion will be an inconvenient truth for TSLA skeptics
A recent drone flyover of Tesla’s Gigafactory 3 in China reveals that the factory shell of the upcoming electric car general assembly building is all but complete. Seemingly in relation to this milestone, Tesla has also started teasing the vehicle that will be produced in the expansive facility: the Standard Model 3, which will be competing against locally-made electric cars in China.
Videos of the Gigafactory 3 site taken on Sunday, May 26, 2019 (credit to Jason Yang for the footage), reveal that the shell of the general assembly building is all but complete. Roofs and walls look almost complete, and the facade of the facility has even been lined with Tesla’s trademark red color. Fewer heavy cranes are also currently deployed on the site, suggesting that work is now shifting towards the interior of Gigafactory 3.
Near the general assembly building, color-coded modular units have been built. Tesla has not announced what these units are, though their construction and design suggest that they might be dormitories, possibly for employees who will be working on the factory. A wide staging area has also been completed near the facility, which seems to be designed for presentations and events.
Gigafactory 3’s progress and eventual Model 3 production could provide Tesla with an unexpected boost this year. So far, Wall St. analysts, particularly those who have downgraded the stock, and TSLA skeptics have largely disregarded Gigafactory 3 in their thesis. If Tesla pulls it off and actually starts producing the Model 3 in Gigafactory 3 this year, the facility could provide the company the help it needs to meet its ambitious, self-imposed production and delivery goals this year. Underestimated and ignored by the company’s skeptics over the past months, Gigafactory 3 could very well become an inconvenient truth for Tesla’s critics.
The upcoming completion of Gigafactory 3 means that Tesla is a step closer towards its goal of producing locally-made Model 3s in China. Tesla is already selling the Model 3 in the country, but the vehicles command a high price due to import tariffs. Producing electric cars in Gigafactory 3 will allow Tesla to tap into the lucrative and ever-growing Chinese EV market with vehicles that are competitive in price compared to offerings from local manufacturers.
Shanghai officials have urged Tesla’s construction partner to complete the first phase of Gigafactory 3’s construction within May, and looking at the pace of the factory’s buildout so far, this target appears to be quite feasible. Seemingly in conjunction with this, Tesla has also released a couple of teasers pointing to an important announcement on May 31. A recent teaser released on Tuesday involved the company introducing a guessing game for the price of locally-made Model 3. This all but suggests that the company’s announcement this Friday would be in one way or another related to Gigafactory 3 and the electric sedan.
The pace of Gigafactory 3’s buildout has bordered on the ridiculous, with China’s workforce adopting a 24/7 schedule in its attempt to meet the Shanghai government’s target completion date. The facility’s construction is progressing so quickly; it is on track to set a record for the fastest factory buildout in China to date. Gigafactory 3, after all, only broke ground last January, and the first pillar was set up in mid-March. This means that over the span of two and a half months, Gigafactory 3 has transformed from leveled ground and one pillar to a nearly complete factory shell.
Watch Gigafactory 3’s flyover last Sunday in the video below.
News
Tesla is offering a crazy choice on Model 3 to help with end of quarter push

Tesla is offering a crazy choice on the Model 3 to help with its end-of-quarter push, but it is only available in Canada.
Tesla has been offering some pretty crazy incentives to help move vehicles in various markets, including discounts, Supercharging, and other offers.
In Canada, it is offering something pretty crazy: a $5,000 discount or Free Supercharging for life:
Tesla Canada đź‘€ pic.twitter.com/Gbk8D2VX5J
— Joe Taylor (@Joe_D_Taylor) September 23, 2025
This would bring the price of the two Tesla Model 3 configurations:
- Tesla Model 3 RWD – $49,990
- Tesla Model 3 LRAWD – $56,990
- Tesla Model 3 Performance – $64,990
The offer only stands if delivery is taken by September 30. The company describes the terms and conditions:
“Orders will default to $5,000 off total purchase price, deducted pre-tax. Requires you to contact Tesla to switch promotion to free Supercharging if desired. Supercharging promotion is tied to your Tesla Account and cannot be transferred to another vehicle, person or order, even in the case of ownership transfer. Used vehicles and vehicles used for commercial purposes (like taxi, rideshare and delivery services) are excluded from this promotion. You are still responsible for Supercharger fees, like idle and congestion fees, when applicable. Redeemable only at Tesla-owned Superchargers. Tesla reserves the right in its sole discretion to remove the free Supercharging from your vehicle in the event of excessive charging. “
The $5,000 discount in Canada, or the unlimited Free Supercharging, is a massive deal, as it benefits those looking for a deal or those who plan to use the car as a daily driver.
Tesla offers new deal on used inventory that you won’t want to pass up
Tesla has used a lot of different deals this quarter to help push cars out and bolster Q3 delivery figures.
- Lifetime Free Supercharging or $5,000 discount on Model 3 in Canada
- 1 Year Free Supercharging on Inventory Cybertruck, Model S, Model X in the U.S.
- 18 Months free Supercharging on Model 3 in the U.S.
- Lifetime Free Supercharging with Luxe Package on Model S and Model X in the U.S.
- Up to $2,000 off Model 3 and Model Y Inventory in the U.S.
These deals have all contributed to an increase in demand and minimal vehicle inventory in various markets.
Elon Musk
Pope Leo XIV slams Elon Musk’s pay package due to misinformation (Opinion)
The Pope’s comments seem to be guided by a misunderstanding of what Elon Musk’s pay package entails.

Pope Leo XIV has voiced sharp criticism of corporate pay structures, singling out Tesla CEO Elon Musk and other business leaders as examples of the widening gap between executives and ordinary workers. The pontiff warned that excessive wealth concentration could erode societal values and fuel global polarization.
Pope Leo XIV’s comments seem to be guided by a misunderstanding of what Elon Musk’s pay package entails, and the net positive it would result to TSLA shareholders and the world as a whole.
Pope Leo XIV’s comments
In his first interview since becoming pope in May, Leo XIV, the first US-born head of the Catholic Church, pointed to reports that Musk could become the world’s first trillionaire. As noted in a report from the Financial Times, Pope Leo XIV singled out Elon Musk as an example of the type of wealth that was undermining “the value of human life, of the family, of the value of society.”
“Yesterday, the news (arrived) that Elon Musk is going to be the first trillionaire in the world. What does that mean, and what’s that about? If that is the only thing that has any value any more, then we are in big trouble,” the pontiff stated.
Musk was not the only executive who caught the ire of the leader of the Catholic Church. He noted that while Musk’s pay was problematic, it was only an example of the “continuously wider gap between the income levels of the working class and the money that the wealthiest receive.”
“CEOs that 60 years ago might have been making four to six times what the workers are receiving, the last figure I saw, it’s 600 times what average workers are receiving,” he stated.
Borne out of misrepresentation
A look at Pope Leo XIV’s comments surrounding Elon Musk’s wealth suggests that he may not necessarily be familiar with how the CEO earns his net worth. Musk’s wealth is tied to his stakes in his companies, with a good portion of it coming from Tesla and SpaceX. Thus, quite unlike what the mainstream media narrative might suggest, Elon Musk does not necessarily have a giant vault of gold coins he is hoarding somewhere.
If one were to look at Elon Musk’s pay package, which would result in him becoming a trillionaire, one would see that the CEO could only earn his keep if he proves immense value to Tesla and its shareholders.
His payout might be notable, but he would have to lead Tesla into becoming an $8.5 trillion company first. At this level, Tesla would likely be a notable force of good that would provide a net benefit for people worldwide. Ultimately, it appears that Pope Leo XIV’s comments about Musk may be borne from information gathered only through mainstream sources, some of which tend to have a notable slant against the CEO.
News
Tesla trims Model 3 Long Range RWD price in China by RMB 10,000
The update was implemented by Tesla just weeks after the variant’s introduction.

Tesla has cut the price of its recently introduced long-range rear-wheel drive (RWD) Model 3 in China.
The update was implemented by the electric vehicle maker just weeks after the variant’s introduction.
Tesla China’s Model 3 lineup
The Model 3 RWD Long Range, which carries a CLTC range of 830 kilometers, is now priced from RMB 259,500 ($36,390), down RMB 10,000 ($1,400) from its initial RMB 269,500 ($37,800) price. Deliveries for the updated variant are currently listed at 1-3 weeks for new orders.
Tesla introduced the long-range RWD Model 3 in China on August 12, positioning it as a longer range alternative to the entry-level Model 3 RWD, which is priced at RMB 235,500 ($33,000). Despite the recent update to the price of the Model 3 RWD Long Range, the cost for the other three Model 3 trims remains unchanged.
Delivery times for the base Model 3 RWD and Model 3 Dual Motor AWD are listed at 1–3 weeks across the range, while the Model 3 Performance is listed at 3–5 weeks.
Sales momentum and exports
Tesla continues to offer purchase incentives this month, including five-year zero-interest financing and an RMB 8,000 insurance subsidy, as noted in a CNEV Post report.
Model 3 sales in China reached 9,851 units in July, down 0.78% year-on-year and 40.8% month-over-month compared to June. Still, cumulative sales for the Model 3 between January and July totaled 101,770 units, reflecting a 26.5% year-on-year increase in sales.
Exports of the Model 3 stood at 12,197 units in July, down 46.5% year-on-year but surging 228.8% from June. For the first seven months of 2024, Model 3 exports totaled 70,718 units, a 42% decline.
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