The TESLA logo is seen outside a dealership in the Brooklyn borough of New York City, U.S., April 26, 2021. REUTERS/Shannon Stapleton

Tesla (TSLA.O) CEO Elon Musk has given its German team six more months to start production at its delayed factory near Berlin, its first gigafactory in Europe, German weekly Automobilwoche reported, citing company sources.

A Tesla spokeswoman declined to comment on the report, referring to last month’s official statement by the carmaker that put the start of production at the Gruenheide site towards the end of 2021. read more

Initially, Tesla had planned to start production on July 1, 2021, but red tape and plans to also build a battery cell factory on the site have delayed the project. read more

Tesla last month slammed lengthy regulatory processes in Europe’s largest economy, saying its approval framework “directly contradicts the urgency to plan and realise such projects that is necessary to battle climate change”. read more

Our Standards: The Thomson Reuters Trust Principles.

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *