Tesla Model 3 owners look to set record in Trans-Canada electric road trip using Superchargers


Two Tesla owners and respected members of the electric vehicle community will try to make history and attempt to drive a Model 3 Performance across Canada on a nonstop, coast-to-coast all-electric road trip from British Columbia to Halifax, Nova Scotia.

Ian Pavelko and Trevor Page of Tesla Owners Online Forum will set off on Sunday from Delta, BC and attempt to complete a non-stop 3,600-mile (5,794 km) journey, using Tesla’s newly opened Trans-Canada Supercharger route. The duo looks to increase awareness that electric vehicles are perfect for long distances even in the harsh and unpredictable weather in Canada.

“So many people think that EVs are limited to secondary roles as commuter cars here, and while that may have been true in the early days, the advances of the last few years have changed the segment dramatically. As Tesla owners and fans, as well as advocates for the entire EV movement, we’re excited to make this trip and show people in dramatic fashion how capable these cars and the charging networks that support them really are,” said the Tesla Model 3 drivers in a press release via Tesla Owners Online.

Tesla Trans-Canada Supercharger route

Tesla Trans-Canada Supercharger route

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Pavelko and Page will set out to complete the trip along the entire stretch of the Trans-Canada Highway, a federal and provincial transportation artery that traverses the 10 provinces of Canada from the Pacific Ocean side to the Atlantic on the east, in three days. The cross-country electric trip will be helped by Tesla’s Trans-Canada Supercharger route which went online last December. More than 50% of the fast-charging stations along the coast-to-coast route are 250 kW V3 Superchargers that are capable of charge rates of 1,000 miles per hour.

Zero-emission vehicles in Canada are gaining popularity with a 25% year-over-year growth in Q3 of 2019 with roughly 17,000 units sold but consumers still worry that there are not enough public chargers yet. Tesla’s Supercharging network addresses that concern on a global level.

While the upcoming journey is expected to kick off with much fanfare in the Tesla community and across social media, the #FastEVLightningRun drivers are actually not the first ones to attempt the Pacific to Atlantic coast trip. In 2016, couple Silke Sommerfeld and Rolf Oetter drove their Model X from Vancouver to Newfoundland with a solar trailer in tow. In December 2019, Victoria residents and climate advocates Kevin Belanger and Don Goodeve also attempted a cross-country drive in Canada in their Tesla, but did not complete the journey due to poor weather conditions.

Pavelko and Page’s trip is sponsored by Fast EV, a division of Fast Wheels and a company under the umbrella of Fastco Canada. Fast Wheels offers a line of aftermarket alloy wheels that are specifically designed to maintain the efficiency of electric vehicles.

Tesla Model 3 owners look to set record in Trans-Canada electric road trip using Superchargers

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Tesla is getting faster with its Hardware 3 retrofits


It appears that Tesla is getting faster with its Hardware 3 retrofits, with recent reports from the electric car community suggesting that the upgrade could now take as short as a few hours. This suggests a notable improvement in the turnaround times for HW3 upgrades, especially since previous anecdotes from Tesla owners indicated that the process could take as long as a few days.

Elon Musk has noted that Hardware 3 retrofits will be available for electric cars equipped with HW2 and HW2.5, and whose owners purchased the company’s Full Self-Driving suite. The CEO has also mentioned in the past that retrofits should not take too long, and that Tesla’s mobile service fleet should be able to accomplish the upgrade without any difficulties. 

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Initial accounts of Hardware 3 retrofits suggested that this was indeed the case. A Tesla Model X P100D owner who runs the Electric Dreams YouTube channel reported back in December that his HW3 retrofit only took a few hours, thanks to a member of Tesla’s Mobile Service team coming over to his home to perform the upgrade. In the case of the Model X owner, the mobile service technician started the retrofit in the morning and completed the upgrade by night. 

As Tesla started ramping its Hardware 3 retrofits, it quickly became evident that not all owners will experience the same convenience as related by the Electric Dreams host. Tesla Model 3 owner and enthusiast Tesla Joy, for example, noted that her vehicle’s upgrade ended up taking over five days. This was highly inconvenient, particularly as it resulted in the Model 3 being stuck in the Service Center during New Year’s. 

Similar complaints from fellow Model 3 owners suggested that Joy’s experience was not an isolated case. Fellow Model 3 owner Greg Wester, for one, claimed that his Service Center advised him that his HW3 retrofit will take a whole week to complete because of the “disassembly and troubleshooting” that will be involved. Similar to Joy, Wester was given Uber vouchers due to the absence of loaner vehicles. 

More recent reports from Tesla owners suggest that Hardware 3 retrofits are now far quicker and more efficient. Tesla owner-enthusiast Tesla Raj recently shared that his Model 3, which was dropped off at a Service Center at 8:30 am, will be fully upgraded by 3:30 pm on the same day. Other Tesla owners commenting on Raj’s tweet shared similar stories, with some stating that their retrofits were also completed within the same day. Even vehicles that had to be left overnight for the retrofit were ready to get back on the road the following day. 

Overall, it appears that Tesla is now at a point where its HW3 retrofit process is getting quicker turnaround times. Recent anecdotes from electric car enthusiast @stillstainless noted that the Tesla Lynnwood WA Service Center was actually able to complete a HW3 upgrade in just 2 hours 20 minutes. During this time, the vehicle’s owner reportedly just opted to wait, instead of acquiring a loaner vehicle. 

Elon Musk has suggesting in the past that the HW3 retrofit will be a quick, simple process that could be performed by mobile service technicians without any issue. Based on the most recent reports from the Tesla community, it appears that the electric car maker is getting closer to Elon Musk’s estimates. This bodes well for Tesla’s push into the autonomous driving market, especially since Hardware 3 is an important part of the full self-driving puzzle that the company is trying to solve.

Tesla is getting faster with its Hardware 3 retrofits

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Tesla gets green light from German court to resume clearing operations at Giga Berlin site


Tesla takes a step closer to laying the first brick of its first Gigafactory in Europe as a German court ruled that the electric carmaker can resume clearing trees at the forest where it plans to build Giga Berlin.

The Berlin-Brandenburg court gave Tesla the green light to continue its work, noting that Brandenburg authorities did not violate laws and did not take any shortcuts when they allowed work to begin in Grunheide.

State authorities gave Tesla the initial go signal to clear about 90 hectares of land that will be used for the first phase of Giga Berlin. On Feb. 15 the clearing operation was halted after a complaint was filed by environmental group Gruene Liga Brandenburg that voiced concerns on the local water supply. The group also appealed that the carmaker must not clear trees until after March 5 when the deadline was set for the community and concerned groups to comment about Tesla’s project.

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The favorable decision of the court would help Tesla keep to a proposed timeline to begin construction by mid-March. An unfavorable decision would have delayed construction by six to nine months and risk plans to vehicle production slated for July 2021. Tesla aims to produce 10,000 Model Y crossovers per week and expected to create 12,000 job opportunities for Germany and nearby countries.

The ruling was seen as a positive development by state Economics Minister Jorg Steinbach. “We are very pleased to see the verdict,” Steinbach said.

Tesla tried to address concerns of local residents and environmental groups in Grunheide by opening a community center where it held talks to inform locals that the carmaker is taking all the necessary steps to take care of the environment such as replanting trees three times the number it would cut and relocating wildlife as necessary.

Amid environmental protests, Tesla has won the heightened support of the economic minister and industry leaders who all called for faster review processes in Germany so as not to delay big projects such as Tesla. They warned that such long delays may weaken the appeal of Germany to investors.

German government’s Green Party also voiced out displeasure with the complaints lodged by the environmental groups.

You don’t always have to be against everything,” Green Party member and Berlin’s deputy governing mayor Ramona Pop said.

Tesla gets green light from German court to resume clearing operations at Giga Berlin site

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Tesla gets courted by Brazil to establish a Gigafactory in the country


Brazil’s Minister of Science, Technology, Innovations and Communications Marcos Pontes and Congressman Daniel Freitas are reportedly in early talks about the potential for a Tesla Gigafactory in Brazil.

Both Pontes and Freitas did not disclose what company they’re negotiating with, only they hinted that it is one of the most valuable automakers in the world today. The officials also noted that they are hoping the talks will eventually result in the company opening one of its facilities in the country by 2023, the Brazilian publication NSC Total first reported.

However, a Tweet posted on Thursday by Eduardo Bolsonaro, son to Brazil’s President and a lawmaker in the country, would later confirm that talks have taken place between Brazilian authorities and William Popp, charge d’affaires at the U.S. embassy in Brasilia, on the prospect of Tesla opening up a factory in South America’s largest country.

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Bolsonaro’s tweet follows earlier reports that officials met on Feb. 12 to discuss the initial plans to help the federal government convince Tesla of the benefits of setting up shop in the country. The plan is to form a delegation that may include President Jair Bolsonaro to visit the Tesla headquarters in the United States.

The official entry plotted on the schedule of Minister of Science, Technology, Innovations and Communications reveals that Tesla’s Senior Staff Manufacturing Engineer Anderson Pacheco was present via video conference in the office of Pontes. Pachecho graduated with a Master of Science in Production Engineering from Brazil’s Universidade Federal de Santa Catarina. He has been with Tesla for over 4 years now and works both at the Fremont facility and Gigafactory 1 in Sparks, NV.

Details are limited as of reporting but the proponents may encourage Tesla to put its first Gigafactory in South America at Santa Catarina, a state in Southern Brazil and roughly 1.5 hours by plane from Rio De Janeiro.

Meanwhile, Freitas is the author of a bill that pushes for the exemption of electric vehicles from import tax. The said bill also proposes tax incentives for EVs or hybrid vehicles produced in Brazil.

If the talks of the Brazilian government and Tesla prospers and results in the building of Giga Brazil, it would be another step towards Tesla CEO Elon Musk’s goal of having Gigafactories in every continent.

Elon Musk also recently hinted that Tesla is considering a Giga Texas, which could be a perfect solution to ramp battery production or may even be the facility to help produce its upcoming all-electric Cybertruck.

Gigafactory Brazil also makes perfect sense as the country is considered a sleeping tech giant and is one of the countries of the future. With a Tesla strong foothold in Brazil, the distribution of Tesla vehicles in South America will be easier just like how the carmaker plans to do it in Asia with Giga Shanghai and in Europe with Giga Berlin.

Tesla gets courted by Brazil to establish a Gigafactory in the country

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SpaceX’s first Starship test flight imminent as rocket nosecone nears completion


Elon Musk has posted a new glimpse inside SpaceX’s South Texas Starship factory, revealing a nearly-completed rocket nosecone and indicating that the first upgraded Starship prototype’s flight debut is imminent.

SpaceX teams have been working around the clock for a little over a month to build the first full-scale, flightworthy Starship prototype, a process that only began after two ‘test tanks’ were fabricated, assembled, and pressurized until they burst on January 10th and 28th. Built with improved tools and methods, those test results – particularly from the second test tank – allowed SpaceX to empirically confirm that its current infrastructure and techniques are ready to manufacture orbital-class (and even human-rated) Starships right now.

And so work on the first truly flightworthy Starship prototype – known as SN01 (serial number 01) – thus began in earnest around mid-January, perhaps less than a month ago. Over the course of that month, SpaceX’s South Texas team has made spectacular progress. Starship SN01’s business half – comprised of a Raptor engine section, a liquid oxygen tank, a methane tank, and all associated tank domes and plumbing – is likely just a single big stacking and welding event away from being structurally complete. The upper section of the prototype – Starship’s curved nose and a few less-critical steel rings – has, however, been a bit more elusive.

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Aside from a few partial glimpses earlier this month, that nose appeared for the first time two or so weeks on a local resident’s livestream earlier today – just a few hours before Musk offered an even better view inside the same tent it was spotted in. Situated in the second large sprung structure erected at SpaceX’s Boca Chica, Texas facilities, Musk’s video revealed that that tent – really only completed less than two weeks ago – is already full of Starship production hardware.

An almost identical tent shown off on February 8th appears to be more dedicated to Starship tank production, while the second tent (top, February 19th) is focused primarily on Starship nose section production. (Elon Musk)

Without exaggerating, it’s safe to say that SpaceX has effectively gone from a handful of parts worth of Texas rocket production to a multi-vehicle, Starship production line concurrently manufacturing multiple vehicles in about eight weeks. While it would be theoretically easy for critics and a more general audience to see little more than some cheap stainless steel parts in a few hastily-constructed temporary tents, the reality is that SpaceX has already proven – at a minimum – that a steel Starship built with the exact same tools, facilities, and methods will likely be capable of spaceflight.

SpaceX’s January 2020 Starship test tank program proved as much, demonstrating that thin steel tanks built in tents can serve as orbital-class pressure vessels and survive at internal pressures greater as high as 8.5 bar (125 psi) while filled with cryogenic (extremely cold) liquid. Meanwhile, Tesla’s Fremont factory General Assembly line 4 (GA4) – having continuously churned out high-quality Model 3s for more than a year – has proven that sprung structures can make for fast, cheap, and more or less permanent factory solutions. Prospective SpaceX competitor Blue Origin even based its own brand new headquarters – opened in January 2020 – around an odd U-shaped sprung structure.

SpaceX’s first and second Starship test tanks pictured on January 9th and January 28th. (NASASpaceflight – bocachicagal)
Erected in less than two months, SpaceX’s twin-sprung-structure Starship factory represents some 80,000 ft² (7000 m²) of enclosed factory space. (NASASpaceflight – bocachicagal)

Nevertheless, SpaceX’s small test tank successes do not necessarily guarantee that the same kind of tests performed at full scale will be equally successful. The biggest proof of concept for SpaceX’s upgraded Starship production methods will involve manufacturing, fueling, static-firing, and – eventually – flying a complete Starship prototype built with the same methods as those test tanks.

The pressure vessel section of Starship SN01 – said pathfinder prototype – appears to be nearly complete, missing only its integrated engine section and oxygen tank dome before it could theoretically be ready to start cryogenic testing. Incredibly, information acquired and published by NASASpaceflight.com reporter Michael Baylor indicates that SpaceX wants to complete the prototype and transport Starship to its nearby launch site just ten days from now.

Starship SN01’s tank and engine section is likely just a few days away from being structurally complete. (SPadre – 02/17/20)

A step further, if things go as planned, SpaceX wants to install Starship SN01’s three Raptor engines and perform a live static fire test as soon as early March. In short, SpaceX’s Starship program is likely about to enter a new period of ambitious, rapid-fire testing. Stay tuned!

Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.

SpaceX’s first Starship test flight imminent as rocket nosecone nears completion

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Tesla firmware reveals ~110 kWh battery pack expected to shatter 400-mile barrier


Tesla is working on a new 110 kWh battery pack configuration that can stretch range well beyond 400 miles, according to a new discovery made in Tesla’s battery management system (BMS) firmware.

Jason Hughes, a notable Tesla owner and hacker who first uncovered the company’s plans for a “P100D” variant in 2016, found references to a larger battery pack capacity in the latest BMS firmware. “There is a packID that starts life set to ~109 kWh usable (400+ miles),” noted Hughes via Twitter, further suggesting that Tesla might be preparing for a battery pack as large as 115 kWh in capacity when factoring Tesla’s battery reserve.

Additionally, Hughes discovery points to a new battery pack configuration with 108 cells per group at ~450 volts per pack that could very well be a universal design to replace the aging Model S and Model X battery pack, while centralizing architecture for the Model 3 and upcoming Model Y.

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Battery pack improvements don’t come as a surprise considering CEO Elon Musk disclosed during the Tesla Q4 2019 earnings call that the company is rapidly approaching a 400-mile range for the Model S. “It won’t be long before Model S has 400-mile range,” said Musk.

Just last week, Tesla Model S received a range boost from 370 miles to 390 miles of EPA-rated range, while the flagship Model X SUV saw an increase from 328 miles to 351 miles.

With confirmation from Tesla CEO Elon Musk that the next-generation Model S and Model X will utilize a larger capacity battery to support its new Plaid Powertrain, the latest leak by Hughes can be seen as further validation that new battery advancements will be announced soon.

A future battery pack upgrade can only help Tesla break the 400-mile barrier and widen the range gap with any would-be competition. Tesla ups the ante and solidifies its position as the leader of the pack in the electric vehicle industry with its focus on new battery advancements – something the community expects Elon Musk to present in its upcoming “Battery Day”.

Tesla firmware reveals ~110 kWh battery pack expected to shatter 400-mile barrier

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Tesla Cybertruck and Roadster face off for some backroad mayhem in fan video


Tesla’s Cybertruck and next-gen Roadster were recently featured in a 3D drag race video from Australian CGI artist Slav Popovski.

Popovski goes by the Instagram name @pslavi_3d_vfx, and he is known for uploading images and short videos of exotic and unreleased vehicles. The 3D artist is quite fond of Tesla’s vehicles, as evidenced by several of his work featuring the electric car maker’s Cybertruck and next-gen Roadster. For his recent clip, Popovski opted to use both the Cybertruck and Roadster, showing the two EVs engaging in a quick race.

The short 3D clip shows a silver Roadster and a Cybertruck lining up in a picturesque back road. The two vehicles then launched, with the Roadster displaying its lightning-fast 0-60 mph acceleration. The all-electric supercar was depicted speeding away from the Cybertruck, whose acceleration wasn’t too shabby itself.

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The next-generation Roadster was first revealed by Tesla at the Semi’s unveiling event in November 2017. The car was rolled out of the back of one of Tesla’s semi-truck trailers as a surprise to those in attendance. The vehicle will be one of the most impressive performance cars available to the public when it is released, with its 0-60 mph time of 1.9 seconds and its range of 620 miles per charge. The first 1,000 Roadsters sold, known as the Founders Series, will be available for a cool $250,000.

Meanwhile, the Cybertruck is the latest vehicle that Tesla has announced to the public. Its design is unlike any vehicle on the market today, and it has been met with positive reception from the Tesla community. Elon Musk, for one, noted that the truck had received 250,000 pre-orders within the first few days after its unveiling event. The all-electric pickup truck will be available in three variants with the two most powerful Dual Motor and Tri-Motor trims being produced at the end of 2021.

The two vehicles featured in Popovski are arguably among Tesla’s biggest achievements. The Roadster is a battery-electric sports car that will likely rival some of the most iconic names in performance autosports today. Not to mention, the Roadster’s 620-mile range is the most of any Tesla vehicle, even the Semi.

The Cybertruck’s three different trims will offer electric vehicle drivers several options for sustainably lugging cargo. The two vehicles have been together on a showroom, and will eventually be side-by-side on the road, but this rendering gives Tesla enthusiasts something to be excited about. The next-gen Roadster and the Cybertruck, after all, are two vehicles that will inevitably disrupt their respective sectors without ever harming the environment.

Tesla Cybertruck and Roadster face off for some backroad mayhem in fan video

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Tesla’s battery strategy will be key to Cybertruck and Semi’s market disruption


Elon Musk has remarked that Tesla has arguably the most exciting product roadmap of any company today. With vehicles like the Semi and the Cybertruck coming in the pipeline, this statement rings true. But things will not be as easy as simply setting up production lines for the upcoming vehicles. For Tesla to properly ramp the Semi, for example, the company would have to make sure that it can get enough cells for the vehicle first. 

Producing electric cars is no easy task, and a lot of the challenges in EV making are connected in one way or another to vehicles’ batteries. This is something that is being learned by veteran carmakers like Jaguar today, as inadequate supply from battery companies like LG Chem has resulted in a halt of production for premium EVs like the I-PACE. Tesla is certainly aware of the battery supply challenges that EV makers face. This is one of the reasons why Gigafactory Nevada was constructed

Giga Nevada was built to support the company’s Model 3 ramp. Designed to manufacture the 2170 cells of the Model 3 with battery partner Panasonic, the massive facility forms the backbone of Tesla’s first foray into the mass market. But the story lies far beyond the Model 3 today. Tesla has an even higher-volume vehicle coming, the Model Y. The Cybertruck will likely sell in large volumes too, provided that the market embraces it. Just like the all-electric pickup, the Semi might see sufficient demand from the trucking market once it’s released as well, considering the cost benefits that the vehicle offers. 

Tesla CEO Elon Musk unveils futuristic Cybertruck in Los Angeles
Tesla CEO Elon Musk unveils futuristic Cybertruck in Los Angeles, Nov. 21, 2019 (Photo: Teslarati)
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Tesla is in a constant state of change, and this cannot be represented better than the company’s batteries. President of Automotive Jerome Guillen has noted that Tesla’s batteries are never static since they’re always being improved. Today, it is becoming more and more evident that Tesla’s batteries are among the best in the industry, particularly when it comes to energy density. Coupled with its vertically-integrated software, Tesla’s batteries can give vehicles impressive range even if they are not too large. 

The Model 3, for example, can squeeze out over 320 miles of range from a 75 kWh battery, and the Model S Long Range Plus can get 390 miles from a 100 kWh pack. This matters a lot, and it shows just how far ahead the company is when it comes to its batteries and their energy density. And this, ultimately, will likely help the company secure enough battery cells to support the ramp of its upcoming EVs, including the Semi and the Cybertruck, both of which are large vehicles that would usually require a massive pack to hit their target range. 

Tesla lists the Semi with a range of 300 to 500 miles. The company never announced the size of the Semi’s battery pack, but considering that the vehicle is a Class 8 truck that can accelerate from 0-60 mph in 20 seconds with a full load, speculations for the vehicle’s battery from the EV community included estimates that were as high as 1 MWh. The same concept applies to the Cybertruck. The vehicle is very heavy, and it is expected to have over 500 miles of range. To get this range, a large battery pack would usually be required. 

The Tesla Semi in Beverly Hills, CA. [Credit: mirks_idk/Instagram]

But with Tesla’s constant innovations on its batteries, this does not necessarily have to be the case. Considering that Tesla is closing in on 400 miles per charge on a 100 kWh pack with the Model S, there is a good chance that its next vehicles like the Cybertruck and Semi will be equipped with fewer, but more energy-dense cells than initially expected. Tesla has pretty much developed the skill of drawing out as much range as possible from every cell in an EV, so it’s not too farfetched to infer that the company will be very efficient with the batteries of its upcoming vehicles. 

More energy-dense batteries will be key to lowering production costs as well. Tesla may be drastically reducing its battery costs, but the packs themselves still comprise a huge portion of each of its vehicles’ prices. If Tesla can use slightly smaller packs that are still capable of providing optimum range, Tesla can make sure that its EVs like the Semi and the Cybertruck will be as competitive as possible when they enter the market.

The Tesla Semi and the Cybertruck are competing in the trucking and pickup market, two very lucrative segments in the automotive industry. Interestingly, both segments are also ripe for disruption, with most veterans such as Freightliner and the Ford F-150 sticking to tried and tested strategies to thrive today. Tesla needs a key to ensure that it can have a fighting chance when it enters the trucking and pickup segment with the Semi and Cybertruck. If challenges faced by electric car makers today are any indication, it appears that batteries and their energy density will be the difference-maker. Fortunately, these just happen to be two things that Tesla has been obsessively pursuing since the company was founded less than 17 years ago. 

Tesla’s battery strategy will be key to Cybertruck and Semi’s market disruption

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Tesla Giga Berlin’s work poised to resume next week following temporary halt


Tesla’s work at Giga Berlin may continue as early as next week, according to Brandenburg Minister of Economics Jörg Steinbach in a recent interview. He believes that the German court will ultimately rule in favor of Tesla, allowing the electric car maker to resume its tree-clearing activities in Brandenburg.

Tesla’s tree-clearing operations were unfortunately halted on February 15 after the Berlin-Brandenburg Higher Administrative Court acknowledged a complaint submitted by a local environmental activist group known as the Green League of Brandenburg. The electric car maker has only been working on its tree-clearing activities for a few days then.

Steinbach, for his part remains positive that this setback will be overcome and construction crews can get back to work as soon as possible. “If I delayed half a year or more, I would definitely see this risk,” he noted.

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Steinbach has been one of Tesla’s biggest supporters since CEO Elon Musk announced that Tesla will be building a factory near Berlin, which would be producing the Model Y crossover and Model 3 sedan. After Tesla received preliminary approval on February 13 from the Brandenburg State Office to begin clearing trees from the first 91.5 hectares of land, Steinbach shared a picture of the initial tree-clearing process taking place.

Steinbach was also vocal in Tesla’s ability to provide a boost to Germany’s economy and provide jobs to German citizens. Most recently, Steinbach highlighted Tesla’s ability to provide climate protection with its automobiles and technology. “The construction of the Tesla automobile plant in Brandenburg has been of great importance for more climate protection and one of the most important industrial settlements in the new federal states for a long time,” he said to RTL.

Tesla was originally required to have the initial tree-clearing process finished by February 27. This was to prevent interference of the bird’s breeding season that begins in early March. Depending on when the decision from the Berlin-Brandenburg Higher Administrative Court is received, Tesla may have to push back its completion date so local wildlife is not interfered with. Otherwise, the electric car maker would have to work double-time to ensure that it can meet its targets without compromising any of the wildlife in the area.

Environmental groups have been concerned with Tesla’s construction of the Giga Berlin plant, but the company has made every stride to alleviate their worries. Tesla, for one, has expressed its intention to replant the trees it removes three-fold in local areas that are currently being finalized.

Tesla Giga Berlin’s work poised to resume next week following temporary halt

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Tesla (TSLA) surges past $900 as Wall St acknowledges energy business


Tesla (NASDAQ: TSLA) opened above $900 per share on Wednesday morning amidst an optimistic outlook from analysts at Piper Sandler Companies. The Minneapolis, Minnesota-based investment firm raised its price target partly because of Tesla’s potential to succeed in its energy generation and battery storage business.

Piper Sandler analyst Alexander Potter raised Tesla’s price target from $729 to $928 per share. This makes Piper one of the biggest TSLA bulls tracked by Bloomberg. The positive outlook appears to have helped Tesla shares gain momentum once more, helping the company touch a high of $925 per share on Wednesday’s pre-market before opening at just over $900 per share.

“It’s easy to forget that TSLA sells batteries and solar power products; after all, the segment was only 6% of sales in 2019. But management says that the solar+storage business will one day rival the Automotive segment, and if this is true, then investors will eventually need to pay attention,” the analysts wrote.

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To get a preview of how well Tesla’s energy business fits in with the company’s overall goals, Piper installed a solar-based charging system for a Tesla Model X SUV. The analysts seemed to be optimistic about their tests, stating in the note they wrote on Tuesday that the results have been “illuminating” so far.

Tesla has been hiring for its Solarglass Roof team as it plans to begin installing the product in an expanded area throughout California. Tesla has also ramped production at its Tesla Giga New York facility to meet Elon Musk’s goals for its energy business. Tesla ramped solar roofing sales after a 26% jump in MW deployment from Q3 to Q4 2019.

Piper raised its target price on Tesla twice last month due to its growth potential at Giga Shanghai, the company’s Chinese production plant. Tesla began delivering Made-in-China Model 3 sedans to local customers in early January after CEO Elon Musk flew to Shanghai to attend an event commemorating the first public deliveries of the vehicle. The first China-made Model 3s were handed over to employees at Giga Shanghai in late December.

Tesla shares rose 7.3% on Tuesday thanks to both Morgan Stanley and Sanford C. Bernstein posting optimistic outlooks on the electric car maker. Morgan Stanley’s Adam Jonas increased his bull case estimate for Tesla from $650 to $1,200. Bernstein analyst Toni Sacconaghi, on the other hand, raised his price target from $325 to $730, stating that the company has the potential to grow its addressable market by more than 30 times within the next 20 years.

As of writing, Tesla shares are up 8.75% at $933.49 per share. 

Disclosure: I have no ownership in shares of TSLA and have no plans to initiate any positions within 72 hours.

Tesla (TSLA) surges past $900 as Wall St acknowledges energy business

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