Tesla Opens German Gigafactory

Tesla opened a $5.5 billion worth Gigafactory in the city of Grunheide, Germany.

The Gigafactory, located near Berlin, produced its first 30 Model Y Performance vehicles, which have been delivered to its buyers. 

The Tesla establishment is set to provide 12,000 jobs to the Grunheide area, with more than 3,000 roles already filled.

German chancellor Olaf Schoolz is expected to attend the facility’s official launch event, as well as Tesla’s CEO himself, Elon Musk.

Tesla plans to produce 500,000 electric vehicles per year, whereas Volkswagen only sold 450,000 EVs globally last year. Tesla’s production will ramp up gradually, with 500,000 units not projected until 2025.

Musk tweeted that he was “excited to hand over the first production cars made by Giga Berlin-Brandenburg tomorrow!”

Tesla originally planned to start building vehicles at the new Gigafactory by November of last year, but the company needed approval from German authorities to do so. However, after multiple demands regarding meeting environmental restrictions, that license was not granted until March 4 of this year.

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