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Tesla's German Gigafactory - MarketDraft BlogMarketDraft Blog Tesla's German Gigafactory - MarketDraft Blog

Tesla’s German Gigafactory

Elon Musk breaks out in a dance at the opening of Tesla Gigafactory in Germany. After five and a half billion dollars to build, the factory is up and running with the expectation it will produce around 2000 units in its first few weeks of operation. With the goal of 500,000 units annually in order to supply Europe. With overwhelming demand adding pressure to other factories from around the world, this is a much-needed relief. There are some problems that will need to be addressed such as the water supply that the factory uses and some protesters voicing their displeasure.

CNBC


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