$TSLA 🇩🇪 Gigafactory Berlin is about to get a massive upgrade 'soon' 🚀
While the production targets are set, the details reveal a much bigger commitment:
💰 Investment reality check: The planned investment is actually nearly €1 Billion—signaling a massive bet.
🏗 Infrastructure strategy: This expansion requires no new buildings and zero additional water consumption. The new lines will be installed in existing empty spaces within the current facility, utilizing permits that are already in hand.
👷 Job growth: A "substantial three-digit number" of new jobs (hundreds of roles) will be created immediately, adding to the 11,000 employees already on site.
🔄 The context: This move officially reactivates plans that were previously "on ice" due to US tax incentives. Tesla admits that while manufacturing in Europe remains economically tougher than in China or the US, localized supply chain resilience is the new priority.
Local cells, local cars, one location. Tesla is officially closing the manufacturing loop in Europe 🔥
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