Tesla has announced that it is in “the final stages” of selecting a site for a European Gigafactory and an announcement is expected by the end of the year.
CEO Elon Musk has been talking about a full battery and vehicle factory in Europe for a while now.
Several European countries have even launched campaigns to try to attract Tesla to their home market.
Tesla was supposed to confirm a location for a factory in 2017, but it never happened.
Last year, Musk said that Germany is the “leading choice” for a factory in Europe and he even specified that “the German-French border makes sense” for a factory near the Benelux countries.
Earlier this year, Tesla said that it is “accelerating” its effort to bring a Gigafactory to Europe.Earlier today:
The automaker wrote in its latest shareholder’s letter last quarter:
“We are also accelerating our European Gigafactory efforts and are hoping to finalize a location choice in the coming quarters.”Now, this quarter, Tesla confirmed that it is in the “the final stages” of selecting a site for a European Gigafactory:...MORE
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