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… Source link
Read More »Tesla’s Musk says must keep to schedule on European gigafactory
BERLIN (Reuters) -Tesla CEO Elon Musk has made clear how important it is for the company to keep to its schedule for the construction of its European gigafactory in the German state of Brandenburg, its Economy Minister Joerg Steinbach said. Tesla also said it was willing to intensify communication in the site near the town of Gruenheide and involve local citizens more, Steinbach told Reuters after a meeting with Musk in Germany on Wednesday. Tesla has pushed back the expected opening of its… Source link
Read More »Tesla revises plans for German gigafactory with more details on product lines
FRANKFURT (Reuters) – Tesla on Thursday revised its application for a planned gigafactory in Europe to include details for plans to produce battery cells on site and an expansion of other production lines, German officials said. It also includes plans to reduce water consumption so that usage remains constant compared to earlier proposals despite the expansion. Tesla has sharply criticised the lengthy regulatory processes in Germany and has pushed back the factory’s opening date. The… Source link
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