The Strategist

Tesla to build its first European factory

11/13/2019 - 08:59

Tesla, an American electric car manufacturer, will build its first European plant and design center in Berlin, said the company's head Elon Musk.

Anton Stetner
Anton Stetner
The plant (Gigafactory) will be located next to the new airport in Berlin. Musk said that the company will start producing batteries, engines and electric cars in Germany, starting with the Model Y model, Prime said. Tesla expects production to begin at its first European plant in 2021.

In July last year, media reported that Tesla began negotiations with the German and Dutch authorities to build a plant in Europe.

Tesla opened its first foreign factory in Shanghai, where it began production of Model 3 ahead of schedule. Model Y production can also be launched ahead of schedule, by the summer of 2020.

The American company Tesla Motors was founded in 2003 as a developer and manufacturer of electric vehicles and technologies related to them. The company is headquartered in Palo Alto (California, USA). In addition to electric vehicles, the company manufactures batteries and electric motors using its own technology and sells them to other automobile companies, in particular Toyota and Daimler.