Tesla CEO Elon Musk made it official on Tuesday – the electric car organization intends to manufacture a ‘Gigafactory,’ and engineering and design center in Berlin, Germany.
The facility would be Tesla’s fourth, after the first Gigafactory battery plant in Nevada, close to Reno; a factory that makes charging equipment and power electronics in Buffalo, New York, with plans to make Tesla Solar Roof tiles there someday; and another car plant that is coming online in Shanghai, today.
Musk stated, “Everyone knows that German engineering is outstanding, for sure. That’s part of the reason why we are locating our Gigafactory Europe in Germany. We are also going to create an engineering and design center in Berlin because Berlin has some of the best art in the world.” When pressed for more details, Musk said the factory will be located near the new airport in the Berlin area.
Musk declared the location while talking at an awards show in Germany today. He was given a “Das Goldene Lenkrad” or “Golden Steering Wheel Award” by Bild, a publication owned by Axel Springer.
Musk has discussed Tesla’s aims to build a European factory for quite a long time. In 2016, after Tesla gained a German manufacturing and automation design firm, Grohmann Engineering, the CEO proposed that its European factory ought to be in Germany, emphasizing that recommendation via social media the previous summer and on profit calls a few times.
U.S. income plunged for Tesla in the second from last quarter. Be that as it may, its sales have expanded in European nations all through the first three quarters of 2019, in spite of a slowdown in the overall market for new cars in the region.
Building a factory there could help Tesla with maintaining a strategic distance from the complexities of sending out its cars from the states to Europe and could help it evading vulnerability around trade and tariffs.
In a second from last quarter update, Tesla said it intends to create its already well-known Model 3 electric vehicles and forthcoming Model Y, a crossover SUV, at the European factory.
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