Tesla Motors Aims to Open New Factory in Germany

GERMANY_TESLA_FACTORY

Elon Musk’s vision of global dominance for his Tesla Motors brand continues to take shape. Hot on the heels of news that Musk plans to build the upcoming Model 3 “entry level” Tesla in China in order to avoid trade tariffs in that country comes news that Musk is in “advanced” talks with the German government to open a new battery factory to avoid similar taxes and tariffs in Europe.

This might be news to even the most watchful Tesla fan- especially since Tesla Motors in Germany flat-out denies such talks. “(Tesla has) no current plans” to build a battery factory in Germany, Tesla’s Munich-based spokeswoman Kathrin Schira said.

Despite the denial from Schira, Germany’s Economy Minister Sigmar Gabriel said “we are in talks,” with the Tesla Motors CEO about a possible plant, Gabriel said, adding, “I assume he (Musk) will want public funds.”

So, gang- who do you believe? I, for one, would put my money on the new European battery plant being a response to a scaling back of electric vehicle incentives in other EU nations and a bid to keep Model S (and Model X) prices reasonably in line with cars like the Mercedes S class hybrids and PHEVs. That’s just me, though- what do you think? Let us know. Comments. Etc.

 

Sources | Images: Automotive News, via Motorpasion.

Jo Borrás

I've been in the auto industry 1997, and write for a number of blogs in the IM network. You can also find me on Twitter, at my Volvo fansite, out on two wheels, or chasing my kids around Oak Park, IL.