Tesla’s German Factory to Produce 500,000 Cars a Year, Bild Says

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Tesla Inc. aims to produce as many as 500,000 of its Model 3 and Model Y electric cars annually at its planned factory close to Berlin, Bild Zeitung reported.

The carmaker will employ about 10,000 people at the site, which will occupy an area equivalent to 420 soccer fields, the newspaper said, citing initial plans for the factory, which shows a complete production line as well as testing facilities. Construction is set to start next year.

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