- Tesla Inc Chief Executive Officer Elon Musk said on Tuesday the electric-car maker will build its first European factory as well as an engineering and design center in Berlin.
Last month, Tesla said it expected its European factory to start production in 2021. The carmaker is also gearing up to open its factory in Shanghai. The company is yet to prove it can be consistently profitable. Tesla has said it expects to be cash flow positive, but faces big investments with the launch of new factories and development of products including a pickup truck and a semi-truck.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla to build first European plant in Berlin, Musk saysTesla Inc's Chief Executive Officer Elon Musk said on Tuesday the electric car maker is going to build Gigafactory 4, a new vehicle factory, in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Musk says Tesla's first European production plant will be in BerlinTesla Inc's Chief Executive Officer Elon Musk said on Tuesday the electric car maker is going to build Gigafactory 4, a new vehicle factory, in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tesla CEO says will build Gigafactory 4 in 'Berlin Area'Tesla Inc's Chief Executive Officer Elon Musk said on Tuesday the electric car maker is going to build Gigafactory 4, a new vehicle factory, in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tesla CEO says will build Gigafactory 4 in 'Berlin Area': ElectrekTesla Inc's Chief Executive Officer Elon Musk said on Tuesday the electric car maker is going to build Gigafactory 4, a new vehicle factory, in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »