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Business Maverick: Tesla’s First German-Made Model Y Rollout Has Musk Dancing Again

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Almost 19 years after its founding, Tesla Inc. has a car factory network that spans the globe.

The leading electric-vehicle maker officially opened its plant outside Berlin on Tuesday, handing over the first 30 Model Ys to customers in front of German Chancellor Olaf Scholz. Chief Executive Officer Elon Musk followed through on his promise to dance as he did when Tesla opened its Shanghai factory two years ago.

Tesla’s plant in Gruenheide is essential to Musk capturing more of Europe’s expanding EV market. He tweeted last week that he was working on a new “master plan” for the carmaker and wrote Monday that “scaling to extreme size” would be a main subject.The start of Model Y deliveries at the factory is the culmination of a surprise announcement Musk made while accepting an award more than two years ago at an event attended by the heads of BMW AG, Volkswagen AG and Audi.

 

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