Tesla considering building automotive investment in Spain - source

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U.S. electric car manufacturer Tesla is in talks with the leaders of the regional government of Valencia in Spain to make an automotive investment, a source close to the discussions has told Reuters.

is in talks with the leaders of the regional government of Valencia in Spain to make an automotive investment, a source close to the discussions has told Reuters.

In a statement, the Valencian government denied that there was an agreement sealed with Tesla. Tesla did not immediately respond to a request for comment, while Spain's central government declined to comment. A Tesla logo is seen at Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photostated ambitionIt was constructed last year and by February this year was producing 4,000 cars a week, the company said.in May that the automaker would probably pick a location for a new factory by the end of this year, without being drawn on where.

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