Dancing Musk hands drivers first Teslas from new German gigafactory

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Go back to Dancing Musk hands drivers first Teslas from new German gigafactory

Wedbush's Ives 'Cannot Stress the Production Importance' of Tesla's (TSLA) Berlin Gigafactory

March 22, 2022 6:13 AM EDT

Tesla (NASDAQ: TSLA) is set to deliver its first Model Y vehicles manufactured at its new Gruenheide plant as the electric carmaker launches its 5 billion euro ($5.5 billion) European Gigafactory.

Tesla founder and CEO Elon Musk and German Chancellor Olaf Scholz will attend the opening of one of the largest German car plants in recent history. The launch comes as Musk releases the third part of Teslas Master Plan, which will see the carmaker scale to extreme size.

Tesla plans to hire 12,000... More