May 27

TESLA ANNOUNCES GERMAN TESLA FACTORY

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Less than three weeks after starting trial production of cars in China, Tesla has announced the location of its second factory outside the United States: Berlin. In a tweet late Tuesday, Tesla CEO Elon Musk said the plant would build batteries, powertrains and vehicles, “starting with the Model Y.” The factory is also expected to produce the Model 3, the company’s best-selling car.Tesla (TSLA) has already posted jobs for construction, operations, engineering and manufacturing workers for the factory in the German capital.

The US carmaker did not say when its factory would open, or how many cars would be produced there. Tesla declined to provide additional details.


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