Tesla is estimated to have some 30 per cent of the European market for battery-powered cars.
Image for representation. (Image: Tesla)
A new Tesla auto factory to serve the European market will be based in Germany, chief executive Elon Musk said Tuesday. Musk said during a ceremony at Germany’s Golden Steering Wheel awards that the new “Gigafactory” would be “in the Berlin area.” He said the company planned the facility “near the new airport” in Berlin and that Tesla would also set up a design center in the area.
“Everyone knows that German engineering is outstanding and that’s part of the reason we are locating our Gigafactory Europe in Germany,” he said on stage. “We are also going to create an engineering and design center in Berlin because I think Berlin has some of the best art in the world.”
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