Tesla Closer to European Foothold for Battle With German Rivals

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Elon Musk has moved a step closer to building his first car factory on the home turf of Volkswagen AG, Daimler AG and BMW AG as his company hammered out a contract to buy land in Germany.Officials in the state of Brandenburg said they agreed the text of a contract with Tesla Inc. to sell a 300-hectare (741-acre) plot of land — about 300 football fields — in Gruenheide near Berlin. Tesla also filed five binders of documents with a local environmental …read more

Source:: Yahoo Finance

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.