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Tesla Secures Green Light To Build More Test Cars At Giga Berlin

Benzinga2022-01-12

Tesla Inc has secured the green light to build more test cars at Giga Berlin, Bloomberg News reported on Tuesday, citing a spokeswoman for the environment ministry in the state of Brandenburg.

What Happened: The ElonMusk-led Tesla can build as many as 2,000 electric vehicles at Giga Berlin, up from 250 earlier.

The electric vehicle maker can use the vehicles for testing purposes and is not allowed to sell the cars.

Why It Matters:Tesla’s Giga Berlin start-of-production date has been delayed by several months as the electric vehicle maker is still waiting for final approval from local authorities to commence commercial production.

The Austin, Texas-based electric vehicle maker and the relevant German authorities last month submitted all the requested documents for the final clearance.

A regional environmental ministry in Germany in November repeated an online consultation with local citizens to review objections related to Tesla’s Berlin manufacturing facility.

Musk has blamed German bureaucracy for the delay in the start of the production at the Berlin Gigafactory.

Tesla is reportedly expected to secure the nod to begin production in early 2022.

Price Action:Tesla shares closed 0.6% lower at $1,064.4 a share on Tuesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment17

  • JTA
    ·2022-01-13
    Many great news ahead in 2022
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  • davidsoh
    ·2022-01-13
    [Happy] 
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  • RW52
    ·2022-01-12
    Whoohoo, another "to the moon"! [Sly] 
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  • CPCat
    ·2022-01-12
    Another positive
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  • Cheryi
    ·2022-01-12
    Ok
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  • Cheryi
    ·2022-01-12
    Ok
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  • Hk01
    ·2022-01-12
    Cool
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  • S土豪熊貓G
    ·2022-01-12
    Long now?
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  • Slee49
    ·2022-01-12
    Go Go Tesla
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  • jaffer
    ·2022-01-12
    Like and comment 
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  • Grit100
    ·2022-01-12
    Ok
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  • CYK1955
    ·2022-01-12
    K
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  • Tzitzi
    ·2022-01-12
    👍
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  • T0000024852
    ·2022-01-12
    Hi
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  • T0000024852
    ·2022-01-12
    Hi
    Reply
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  • Jov8
    ·2022-01-12
    Like 
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  • 天橋上的大爺
    ·2022-01-12
    Pls like
    Reply
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