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Tesla forced to stop Berlin construction over unpaid 100 million euros - Business Insider

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Tesla forced to stop construction of its Berlin Gigafactory over an unpaid 100 million euro deposit, report says

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Tesla had to stop construction at its Berlin Gigafactory after failing to pay a 100 million euro security deposit in time, German outletThe Brandenburg environmental authority required the deposit by Thursday as part of conditional work permits it issued to Tesla, the report said. According to the report, Tesla filed for an extension and now has until January 4 to make the payment.

Tesla has run into lots of roadblocks and butted heads with German environmentalist groups since it announced plans to build a massive plant outside Berlin.

The carmaker's lawyers on Wednesday filed at the last minute to extend the deadline until January 15, claiming that Tesla wasn't given enough time to coordinate the payment, according to the report. The environmental authority gave Tesla until January 4, 2021 to come up with the money — until then, the two permits are suspended.

 

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More dilution coming 🤑🤑🤑🤑😂

Why tf is Elon building a plant in Germany? He thought California was bad....?

fascinatorfun 😂😂👏👏

I thought Tesla had several billion cash on its balance sheet and just Raised 5Bn last week?

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