Tesla’s new German plant is likely to restore the electric-car maker’s momentum in Europe, where it previously had to rely on imports from China, says StephenWilmot WSJWhatsNow
The company’s new German plant seems likely to restore momentum to its European business, which previously had to rely on imports from China
Elon Musk opened Giga Berlin-Brandenburg, Tesla’s first European factory, which aims to eventually employ up to 12,000 people and make up to 500,000 vehicles a year. But the electric-car maker’s drive into Europe could be overshadowed by the war in Ukraine and parts shortages. Photo: Christian Marquardt/Pool/ShutterstockRamping up production in Europe carries risks for Tesla —but many more for the electric-vehicle pioneer’s local rivals.
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