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Tesla to Build Gigafactory in Germany

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Tesla will build its European plant just outside Berlin.

Tesla founder Elon Musk has announced that he will be setting up shop in Germany’s capital and surrounding state of Brandenburg. His new facility will produce batteries and both the Y Model and the Model 3.

The German government subsidizes purchases of new electric vehicles and is investing hundreds of millions of euros in improving EV charging infrastructure in Germany.

“We’ve been talking to Tesla for around three years,” says Germany Trade and Invest CEO Robert Hermann. “Tesla’s decision reflects how attractive Germany is as a place of investment and technology, and its central location will make it possible for the company to expand quickly into further European Union markets.”

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