Why Tesla chose Germany for its new plant

Musk arriving at the Golden Steering Wheel awards ceremony, where he threw down the gauntlet in front of German auto executives that Tesla can no longer dismiss his company as a niche automaker. (Reuters)

By:

Christoph Rauwald and Dana Hull

By:

Bloomberg

November 13, 2019 11:11 AM

FRANKFURT -- Elon Musk picked a glitzy event in Germany, a few hours' drive from the birthplace of the internal combustion engine, to drop the news that Tesla plans to open a factory in the country.

Featured Stories

Trump floats exceptions for auto parts facing 25% U.S. tariffs

Average advertised price of vehicles back above $50,000 as tariff reality sets in, discounts wane

Who are the auto winners from Trump’s tariffs? It’s not that simple

Tariffs could push up new-vehicle prices, testing limits of affordability

Latest News

Daily 5 report for April 14: Is anyone benefiting from tariffs?

Mini charts course to mainstream market with bigger, practical Countryman

Live updates on tariffs: Trump considers auto parts exemptions

Trump floats exceptions for auto parts facing 25% U.S. tariffs

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Automotive News Europe Congress panel: A Bumpy Road to Electrification

GM to idle CAMI BrightDrop plant in Ontario for 5 months

Take a look at how tariff stacking impacts vehicles and parts

EU, China explore minimum prices for Chinese EVs to replace tariffs

Staying current is easy with newsletters delivered straight to your inbox.