Musk expected at Tesla gigafactory’s first delivery on March 22 -paper By Reuters

© Reuters. FILE PHOTO: SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussi/

BERLIN (Reuters) – Tesla (NASDAQ:) Inc aims to deliver the first cars from its long-delayed $5 billion gigafactory near Berlin next Tuesday, Handesblatt business daily reported, adding that local German politicians expect CEO Elon Musk to join the all-day event.

“I expect that Elon Musk will be there on Tuesday,” Joerg Steinbach, economy minister in the state of Brandenburg told the paper. “When a gigafactory starts operation, the first cars are handed over in the presence of Elon Musk,” he added.

Tesla got a conditional go-ahead for the gigafactory earlier in March, ending months of delay for the plant which was supposed to open last summer and is central to Musk’s ambitions to beat European market leader Volkswagen (DE:).

Volkswagen currently has a 25% share of electric vehicle (EV) sales in Europe compared to Tesla’s 13%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*