Automakers

Tesla scales back German battery plans, won over by U.S. incentives

Tesla Berlin factory
Tesla CEO Elon Musk said in 2020 that the EV maker's Berlin gigafactory would be the world's biggest battery plant but the automaker has now prioritized U.S. production. (Liesa Johannssen-Koppitz/Bloomberg)
R
By:
Reuters
February 21, 2023 09:07 PM

BERLIN -- Tesla has begun assembling battery systems at its plant in Germany but will focus cell production in the U.S. in light of tax incentives under the Inflation Reduction Act (IRA), a spokesperson said on Wednesday.

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