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Tesla considers possible factory locations in Germany



FRANKFURT – In search of a potential factory location in Europe, Tesla investigated areas in North Rhine-Westphalia. The Rheinische Post reported on Sunday citing unknown persons who were familiar with the subject. [19659002] First inspections have taken place, it said in the newspaper.

Tesla also deals with the state of Lower Saxony, whose minister of economics, Bernd Althusmann said last week.

In June, CEO Elon Musk called Germany "a leading European choice" in response to a tweet asking if it made sense for Tesla to build its first European gigafactory in the country.

"Maybe on German-French border makes sense, near the Benelux," said Musk.

North Rhine-Westphalia, Germany's most populous federal state, borders the Netherlands and Belgium. Lower Saxony borders the Netherlands.

Europe is expected to be the second largest driver of electric cars in the world over the next decade, followed by China.

Tesla compete against the time, while more established players wake up the electric future. Customers can now choose between a growing number of battery-powered models such as Mercedes-Benz, Jaguar and Audi.

The speakers of Tesla in Europe were not immediately available for comments.

Bloomberg and Reuters contributed to this report


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