Tesla opens first European Gigafactory: A resurgence of foreign investments into Germany?

After two years of construction, Tesla's first European factory delivers its first cars today. The Berlin-Brandenburg Gigafactory could soon be building half a million cars per year. Tesla is also building a battery factory nearby. Berlin is Tesla's fourth car factory. Its first plant in California went into operation in 2010. That was followed by a battery factory in the Nevada desert. Then came its Shanghai plant in 2019. Now the new Berlin-Brandenburg factory, which Tesla had initially hoped to open last year. Up next: a new gigafactory near Austin, Texas, to be completed soon. As for Germany, the largest economy within the European Union has recently been attracting more foreign investors again. Tesla is just one example.

Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1

For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
#Tesla #Germany #Economy