Tesla on track for swift Berlin plant completion, minister says

Tesla Chief Executive Officer Elon Musk is moving into Germany’s heartland to challenge Volkswagen AG, BMW AG and Daimler AG’s Mercedes-Benz as the country targets a massive increase in electric-car sales.
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| Updated on: 02 Aug 2020, 06:02 PM
File photo - A couple looks at a Tesla dealership. (Representational Image) (REUTERS)
File photo - A couple looks at a Tesla dealership. (Representational Image) (REUTERS)

Tesla Inc. could be on track to complete its new plant near Berlin more quickly than its Shanghai facility, according to a local government minister.

The U.S. carmaker has said it wants to finish the factory in Gruenheide by the middle of 2021, and faster than the Chinese operation, which went up in less than a year.

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The German project has been hampered by minor setbacks, including criticism from local citizens concerned about deforestation and water usage.

(Also Read: Three people charged in Twitter hack which targeted accounts of Obama, Elon Musk)

“The goal at Tesla seems to be to beat the construction time for the Gigafactory 3 in Shanghai," Joerg Steinbach, Economy Minister for the state of Brandenburg where the plant is located, was quoted as saying Sunday in Germany’s Welt am Sonntag newspaper. “According to my observation, this could very well succeed."

Tesla Chief Executive Officer Elon Musk is moving into Germany’s heartland to challenge Volkswagen AG, BMW AG and Daimler AG’s Mercedes-Benz as the country targets a massive increase in electric-car sales.

(Also Read: What coronavirus: Elon Musk says demand for Tesla stayed strong despite pandemic)

Helping to complete the project swiftly would be a boost to the Brandenburg government, which has struggled to complete a long-delayed new airport to serve the state and the capital.


First Published Date: 02 Aug 2020, 06:02 PM IST
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