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Report: Tesla in Talks about a Factory in Europe
Tesla Inc. is in preliminary discussions with officials in Germany and the Netherlands about building a factory in Europe to assemble electric cars and batteries to power them, sources tell The Wall Street Journal.
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Tesla Inc. is in preliminary discussions with officials in Germany and the Netherlands about building a factory in Europe to assemble electric cars and batteries to power them, sources tell The Wall Street Journal.
Earlier this month Tesla announced plans to open a similar “gigafactory” in China with capacity to make 500,000 cars per year. Tesla CEO Elon Musk said in June that he hoped to choose a plant location in Europe by the end of this year.
Tesla’s European headquarters is in the Netherlands, where the company also prepares its imported cars for sale in Europe. Musk has noted that locating a factory near Belgium and Luxembourg would be a central spot for its largest European markets. But he also said last month that Germany was a leading choice.
WSJ says the southern German states of Rhineland Palatinate and Saarland are courting Musk.
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