Tesla Is About Choose a Place in Europe for its Gigafactory

During last week’s shareholder meetings and conference calls, Tesla’s CEO had some updates to announce.

Tesla’s first Assembly factory, located in the Netherlands, is part only of the final steps to finish an Electric Vehicle by Elon Musk’s company. The plan now aims to extend the production line, running it from start to finish.

In 2018, the CEO mentioned Germany as the “leading choice” for the factory, since, according to him: “the German-French border makes sense.”

During this week, Tesla stated in a shareholder letter:

“We are also accelerating our European Gigafactory efforts and are hoping to finalize a location choice in the coming quarters.”

Musk stated soon after:

“We also have to finalize a location for our European Gigafactory before the end of the year.”

The plans also include the factory to be in development on the next year, so that in 2021 can be fully operational.


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