Tesla Germany Plant Receives Conditional License to Start Production
BERLIN, March 4 - Teslahas received a conditional license to begin production at its electric vehiclefactory and adjacent battery plant in Gruenheide, Germany, the local environmental ministry in Brandenburg said on Friday.The factory, which Tesla has begun constructing under pre-approval permits, is set to produce over 500,000 battery-electric vehicles a year, while the battery plant will generate over 50 gigawatt hours per year - outstripping European competitors on both fronts.
JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023
Economists at JPMorgan Chase said the Federal Reserve would likely raise interest rates by 25 basis points at each of the future policy meetings until March 2023 in an effort to get soaring inflation