Tesla moves a step closer to opening first European factory with German property deal

19 Jan by Vitaliy Dadalyan

Tesla moves a step closer to opening first European factory with German property deal

Share the love y'all!

Tesla moves a step closer to opening first European factory with German property dealU.S. electric car pioneer Tesla has agreed to buy a property on the outskirts of Berlin, bringing it a step closer to opening its first European factory, local authorities said on Sunday. The U.S. carmaker last November announced plans to build a giant factory in Gruenheide, in the eastern German state of Brandenburg, giving it the coveted “Made in Germany” label just as local rivals prepare to launch competing models. Tesla’s board of directors approved a purchase agreement with the state of Brandenburg on Saturday to acquire a 300-hectare property, Brandenburg government spokesman Florian Engels said in a statement.