Elon Musk Calls Giga Berlin 'Jewel Of Germany,' Reportedly Says €25,000 EV Will Be Made At Factory
Portfolio Pulse from Shanthi Rexaline
Tesla CEO Elon Musk has announced that the company's Giga Berlin factory will be the manufacturing site for its €25,000 electric vehicle (EV). This comes as a surprise as previous reports suggested that the affordable EVs would be built at Giga Mexico or Giga Texas. The Giga Berlin factory currently manufactures Tesla's Model Y EVs for the European market.
November 05, 2023 | 4:43 pm
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POSITIVE IMPACT
The announcement of Tesla's €25,000 EV being manufactured at Giga Berlin could potentially boost investor confidence in the company's European operations and its ability to deliver affordable EVs.
The news of Tesla's €25,000 EV being manufactured at Giga Berlin indicates the company's commitment to its European operations and its ability to deliver on its promise of affordable EVs. This could potentially boost investor confidence and have a positive impact on Tesla's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100