Musk plans $4.4 billion Tesla plant in Berlin
18-November-2019
After Shanghai in China, Elon Musk has chosen Berlin as Tesla's next gigafactory outside the US where the company is planning to invest 4 billion euros ($4.4 billion) and produce 150,000 cars a year.
The Berlin unit will manufacture SUV Model Y, which could go into production by 2021. The unit could initially employ 3,000 people. The headcount could rise to 7,000, Express.co.uk reported on Sunday.
"Everyone knows that German engineering is outstanding and that's part of the reason we're locating our gigafactory Europe in Germany," Musk said last week.
Recently, Tesla unveiled its first Model 3 made in Shanghai. Tesla Shanghai gigafactory is first wholly-owned foreign auto factory in China.
Tesla is expected to focus on Model 3 production at Shanghai factory, where it plans to produce as many as 3,000 vehicles per week by next year.
Last month, the automaker confirmed production of complete vehicles at Gigafactory Shanghai as part of trial production.
"We are producing full vehicles on a trial basis, from body, to paint and to general assembly, at Gigafactory Shanghai. We have cleared initial milestones toward our manufacturing licence and are working towards finalising the licence and meeting other governmental requirements before we begin ramping production and delivery of vehicles from Shanghai," the company said.
Additionally, Musk recently announced that he would unveil Tesla electric pickup truck dubbed as 'Cybertruck' on November 21 at an event in Los Angeles.IANS
KTR Slams Telangana Govt for CBI Probe Against KCR, Calls It an Insult to People
Tamil Nadu Issues Public Advisory as Viral Fever Cases Rise; Masks Urged in Crowded Areas
KCR’s Daughter Kavitha Suspended from BRS Amid Family Rift and Power Struggle
PM Modi Condemns Abuse of His Late Mother at Bihar Rally, Calls It Insult to All Mothers
Indian Army Joins US Troops in Alaska for Yudh Abhyas 2025 Military Exercise