The production start of the Tesla Model Y at the "Gigafactory" in Germany marks a significant milestone for the US electric car pioneer. Despite delays and setbacks, the go-ahead has been received, paving the way for production to begin shortly. Tesla's recent better-than-expected deliveries report has caused short sellers to lose an estimated $3.5 billion, with shares rallying 17% in the two trading days following the report. While deliveries fell slightly from a year earlier, they exceeded Wall Street estimates, suggesting continued strong demand for Tesla vehicles. To boost sales, Tesla has been offering discounts and financing incentives globally, as competition in the electric vehicle market intensifies. However, quality issues with the Cybertruck have led to multiple recalls in the U.S., presenting challenges for Tesla moving forward.