Tesla’s new Gigafactory is its biggest strategic endeavor in a decade: analyst

Tesla’s (TSLA) Berlin Gigafactory is now live, and it will be super important to the EV giant’s future, analysts say.

On Tuesday, the factory received CEO Elon Musk, who presented customers with the first Model Ys made at the facility. Tesla’s new factory is 20 or so miles southeast of the German capital and houses roughly 10,000 employees. The factory cost north of $5.5 billion to construct.

“We view the opening of Giga Berlin as one of the biggest strategic endeavors for Tesla over the last…


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