Tesla is helping German auto industry to return to growth

Tesla Model Ys in Gruenheide — Tesla Model Y cars are seen at the automaker's German plant. (REUTERS)

January 11, 2024 12:52 PM

Tesla is expected to help German car production grow by 2.5 percent per year, outpacing annual gross domestic product (GDP) of 1.4 percent, as the German car industry slowly returns to growth amid cautious optimism, according to consultant and market research firm Berylls.

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