Tesla's plans to build its first Gigafactory in Europe is back on track.
Elon Musk's electric-car startup halted preparations after environmental activists won an injunction against it.Tesla wants to finish the factory's first phase and begin production next year.Tesla's plan to build its first Gigafactory in Europe is back on track after a German courtElon Musk's electric-car startup is clearing 91 hectares of forest land outside Grünheide, a town east of Berlin, in preparation for building the assembly plant.
Less than a week later, a Berlin-Brandenburg court has flashed the green light for Tesla to restart its bulldozers and declared its decision is "final."by planting trees covering three times the area of the factory plot. It plans to finish the factory's first phase next year, employ up to 12,000 people and manufacture 500,000 cars annually. The company currently has Gigafactories in Nevada, New York, and Shanghai.— it surged past $900 for the first time this month —to raise $2.
Who needs 'trees' when we've got money?
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »