UPDATE 5-'Made in Germany': Tesla sets up shop in Berlin

U.S. electric vehicle pioneer Tesla will build its first European factory and design centre near Berlin to produce cars “Made in Germany” as it seeks to burnish its reputation for reliability and sporting prowess. Tesla Chief Executive Elon Musk made the announcement at a prestigious German car awards ceremony late on Tuesday and said its new plant would make batteries, powertrains and vehicles – starting with its Model Y sports utility vehicle. …read more

Source:: Yahoo Finance

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