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Tesla is closing on a factory for European Gigafactory

Author at TechGenyz Business
Tesla Europe Factory

According to Elon Musk, Tesla’s fourth Gigafactory will have its location decided on by the end of this year. Musk also confirmed to continue sourcing European vehicle orders from Fremont, California factory until and unless a European location is ready for production.

Last year, Musk said that one of the leading choices for European factory is German. He also noted that “the German-French border makes sense” to build a factory near the Benelux countries. Now, the company is accelerating to bring its Gigafactory to Europe.

We are also accelerating our European Gigafactory efforts and are hoping to finalize a location choice in the coming quarters. – Elon Musk , Tesla, CEO

The company for long has been talking to build a full car assembly Tesla factory in Europe, but now it announces of closing on a factory for its European Gigafactory. Tesla has always wanted for a full battery factory and was suppose to confirm for a location by 2017, but the deal never got any closer.

Now, Musk is busy in finalizing for European Gigafactory before the end of the year. Tesla European Gigafactory would produce packs of battery, vehicles and other facilities that would benefit Tesla including the Netherland Assembly Plant that assembles vehicles and even distributes them throughout the region since 2013.

Gigafactory Shanghai continues to take shape, and in Q2, we started to move machinery into the facility for the first phase of production there. – The company informed

Elon Musk had earlier talked about the announcement of Gigafactory, but now it seems to have more sense.

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