Baxia Markets News

Tesla could start production in Berlin in December.

Written by Baxia Markets | Oct 11, 2021 9:00:00 PM

Tesla hopes to deliver the first vehicles from its new Berlin factory in December. Still, volume production will take longer to achieve, Chief Executive Elon Musk said at a Saturday festival held at the site.

He added that he hoped to achieve volume production of batteries at the site by the end of next year. He said that volume production at the plant would amount to about 5,000, "but hopefully" 10,000 vehicles per week.

The first cars to emerge from Tesla's new Berlin factory should roll off the production line as early as next month, CEO Elon Musk said at the plant's site on Saturday but added that volume production would take much longer to achieve.

 


Musk hopes to get the green light in the coming weeks to start production at the site. The latest consultation on public concerns towards the site closes on Oct. 14, after which the Environment Ministry will make a decision.

"Starting production is nice, but volume production is the hard part," Musk told a cheering audience at a festival at the plant site, many of whom live-streamed the speech on social media. "It will take longer to reach volume production than it took to build the factory."

Some residents and environmental groups are unhappy with Musk's approach, which they say flies in the face of German business culture.

Brandenburg's economy minister has put the chances of the factory gaining approval to operate at 95%.

Tesla has submitted plans to invest 5 billion euros ($5.8 billion) in a battery plant with 50 GWh capacity next to the site, outstripping Volkswagen's planned 40GWh capacity site in Salzgitter.

 

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