Tesla can get support for German factory: Economy Minister

Tesla could get state subsidies in its plan to set up a gigafactory in Germany, the country’s economy minister told a weekly newspaper. “In my conversations with (Tesla CEO) Elon Musk I have always made clear that there are no privileges but also no discrimination,” Peter Altmaier told Welt am Sonntag in an interview. The German government has earmarked financial support for making electric car battery cells locally as a way to secure manufacturing jobs as tougher emissions rules threaten demand for older technologies, like diesel engines. …read more

Source:: Yahoo Finance

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