Water association drafts out Tesla Giga Berlin’s new water agreement

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The Strausberg-Erkner Water Association (WSE) has hammered out a draft agreement for the water operations of Tesla Gigafactory Berlin.

The draft, which still needs to be approved by Tesla, could reshape the water and wastewater dynamics of Giga Berlin.

Key updates:

  • The WSE finalized a new contract draft for Tesla on Wednesday. This was confirmed by Thomas Krieger, the association’s chairman and mayor of Fredersdorf-Vogelsdorf, to rbb24.
  • While exact terms are still under wraps, the new draft reportedly features a lower water supply commitment to Tesla and introduces new wastewater management rules. Tesla, for its part, has offered to release 377,000 cubic meters of water in the draft contract. 
  • The draft will now be sent to Tesla for review. If Tesla balks at the terms or if further adjustments are needed, the parties might find themselves back at the negotiating table. 

What they’re saying:

  • “We have sharpened our position. I think Tesla should be able to live well with the contract,” Krieger told rbb24. He is also hoping for a positive signal from Tesla by Christmas.
  • Tesla has voiced concerns over not being part of the final tweaks to the draft contract “since we were neither informed that further adjustments would be made, nor were these negotiated in our presence,” as per a company spokesperson. 

Important Background: 

  • Tesla already consumes significantly less water than originally intended, with Giga Berlin using up half as much water as a nearby asparagus farm. This was made possible by Giga Berlin’s wastewater treatment facility, which is one of the largest and most modern in Germany.
  • Due to Giga Berlin producing less production wastewater, the facility’s sanitary wastewater is more concentrated. This means that it cannot be diluted and discharged into the WSE’s wastewater network. It also results in Giga Berlin’s discharge parameters being exceeded.
  • WSE has scheduled to discuss the contract’s fate at their next association meeting, potentially setting the stage for another round of talks if needed.

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

Water association irons out draft for Tesla Giga Berlin’s new water agreement





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How Tesla Giga Texas inspired one analyst to move his price target up

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Tesla (NASDAQ: TSLA) Giga Texas inspired one analyst to move his price target up after a visit to the factory, proving that the automaker deserves the bullish tones it has attracted for the last five weeks.

John Murphy of Bank of America popped his price target on Tesla to $400 from $350 this week, and it was all due to the incredible visit he and other analysts had at the company’s factory located just outside of Austin.

Murphy said in a note to investors this week that the visit proved Tesla is in a position to grow in the coming years with various facets of its business, along with other things that are in the pipeline for years after.

tesla giga texas aerial shot

Credit: Tesla

He wrote:

“The trip gave us increased confidence that TSLA is well-positioned to grow in 2025+ with its core EV business and launch of its robotaxi offering, and longer-term from its investments in Optimus.”

It is no secret that Tesla delivery figures have been underwhelming this year, but we all expected it because the company said it would have a “notably lower” growth rate this year as it moves toward the release of its next-gen platform.

However, it has a lot of other projects in the works, including Robotaxi, its strong energy business, and Optimus, its humanoid robot. Tesla also has plans to release a low-cost EV in the first half of 2025.

There is a lot leaning on the completion of Full Self-Driving and the prospect of autonomy in the coming years as well. Murphy took a ride in Cybertruck and Model Y with Full Self-Driving capability and said he was impressed by the suite’s ability to adapt to everything from “abnormal road conditions” to turns against difficult traffic patterns:

“The Cybertruck and Model Y we rode in…drove seamlessly to a charging station several miles away despite abnormal road conditions, traveling on roads under construction and taking a tough left turn against traffic.”

Tesla is trading at around $372 just after 10:00 a.m. on the East Coast.

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Please email me with questions and comments at joey@teslarati.com. I’d love to chat! You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com

How Tesla Giga Texas inspired one analyst to move his price target up





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Tesla China highlights legacy of safety in latest marketing push

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Tesla is cranking up its marketing efforts in China. This time around, the electric vehicle maker is promoting its reputation for producing vehicles with the best safety standards on the road. 

Tesla VP of External Affairs Grace Tao highlighted the company’s focus on safety in a post on Weibo. As per the executive, the Tesla Model 3 became a double five-star model of “China Electric Vehicle Fire Safety Index” and “Automobile Fire Safety Certification.” She also noted that in the last six years, Tesla has had no global recalls due to fire risks.

Tesla’s safety at a glance:

  • Fire Safety Stats: Tao highlighted that the probability of a Tesla catching fire is just one-eighth that of a gasoline car, and that includes incidents like building fires and arson.
  • Top Marks for Model 3: She pointed out that the Tesla Model 3 boasts top safety ratings, with 5 stars on both China’s EV fire safety index and the automotive fire safety certification.
  • Safety as Standard: Every Tesla, from the affordable Model 3 sedan and the highly popular Model Y crossover to the high-end Model X Plaid includes comprehensive active and passive safety features as standard.

An ever-continued push towards safety: 

“We continue to improve the limits of vehicle safety through continuous technological innovation and strict production and manufacturing standards. Every year, our vehicles surpass ourselves in active and passive safety, data privacy protection, fire safety, and other fields. Buying a Tesla means buying the world’s top vehicle safety configuration,” Grace Tao wrote in her Weibo post.

Tesla China by the numbers:

  • November wholesale: Data released by the China Passenger Car Association (CPCA) has revealed that Tesla sold 78,856 cars wholesale in November. This represents a 15.49% jump from the 68,280 that were sold wholesale in October 2024. 
  • Local Sales: Media reports have suggested that Tesla sold over 73,000 units in China during November, as noted in a report from CNEV Post. The majority of these vehicles are comprised of the Tesla Model Y.
  • Year to Date: From January to October 2024, Tesla’s domestic sales in China reached 500,685 vehicles, an 8.29% increase year-over-year.

Tesla’s Q4 2024 efforts:

  • More Incentives: To further boost sales this Q4, Tesla China has announced an RMB 10,000 discount on select Model Y variants. The company also extended its five-year 0% interest financing offer until the end of December.
  • Ambitious delivery goals: Elon Musk has stated that he believes Tesla China can meet or exceed its 2023 global deliveries. For Tesla to achieve this goal, it would have to deliver a record 515,000 vehicles this Q4 2024.

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

Tesla China highlights legacy of safety in latest marketing push





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