Gigafactory Berlin

Elon Musk, who seems to love stirring the pot, is doing just that in Germany where elections are expected to be held on Feb. 23, 2025. The German government is accusing Musk of meddling in the election campaign with repeated endorsements of the country's far-right party . "It is indeed the...

EV giant Tesla Inc. (NASDAQ:TSLA) on Tuesday reminisced CEO Elon Musk announcing its first and sole gigafactory in Europe located near Berlin five years ago in 2019. What Happened: “Happy 5th Gigaversary,” Tesla wrote on social media platform X. The post was adjoined by a video of the...

EV giant Tesla Inc (NASDAQ:TSLA) has reportedly raised wages for all its employees at gigafactory Berlin. What Happened: The wage hike has gone into effect since the start of November for Tesla employees at Giga Berlin, Reuters reported. The factory in Berlin employs nearly 12,000 staff. The...

Tesla Inc (NASDAQ:TSLA) has been granted approval by the local government ministry near its gigafactory in Berlin to proceed with the first stage of its three-stage plant expansion plan despite protests from locals, Reuters reported on Tuesday. What Happened: The approval will allow the EV maker to...

Climate activists are targeting the Gigafactory in Berlin Friday owned by electric vehicle manufacturer Tesla Inc (NASDAQ:TSLA). The factory was shut down in a precautionary measure ahead of the event. Here's the latest. What Happened: A planned expansion by Tesla in Germany is facing pushback from...

Tuesday saw the major U.S. indices end the day mixed. The Dow Jones Industrial Average saw a modest uptick of 0.08%, reaching 38,884.26, while the Nasdaq experienced a slight decline of 0.1%, settling at 16,332.56. Meanwhile, the S&P 500 concluded the day with a 0.13% increase, reaching 5,187....

EV giant Tesla Inc (NASDAQ:TSLA) reiterated its commitment to resume full production at its gigafactory in Berlin as soon as possible following an arson attack on Tuesday. What Happened: “We will not allow criminal offenses and acts of terrorism to deter us from our mission to accelerate the...

Tesla Inc (NASDAQ:TSLA) executive Rohan Patel on Wednesday said that the company’s expansion efforts at its gigafactory in Berlin, Germany, will continue despite the local community downvoting the proposal to cut trees for the purpose. What Happened: “There is zero impact on any future...

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) reported record production and delivery figures for the first quarter on April 2, 2023. With the latest report, here is a look at how many vehicles Tesla delivered and produced in each quarter dating back to 2019. Tesla’s Q1 Deliveries: Tesla...

Elon Musk-led Tesla Inc. (NASDAQ:TSLA) has decided to focus its cell production in the U.S., despite assembling battery systems at its Germany plant. What Happened: In light of tax incentives under Inflation Reduction Act, or IRA, Tesla shall focus its cell production within the U.S., stated a...

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) reported production and delivery figures for the fourth quarter of 2022 on Jan. 2, 2023. With the latest report, here is a look at how many vehicles Tesla delivered and produced in each quarter dating back to 2019. Tesla’s 2022 Deliveries...

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) reported production and delivery figures for the first quarter of 2022 over the weekend. Here’s a look at how the figures stack up with past quarters. Tesla’s 2022 Deliveries: Tesla reported a record 343,830 vehicles sold in the...

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) reported second-quarter financial results after market close Wednesday. FIve analysts broke down the quarterly results, what a large sale of Bitcoin (CRYPTO: BTC) could mean and what’s ahead for Tesla. The Tesla Analysts: Morgan Stanley...

The battle for dominance in the electric vehicle market is heating up and Volkswagen AG (OTC: VWAGY) believes it can pass Tesla Inc (NASDAQ: TSLA) in the coming years. Volkswagen’s CEO shared one way he thinks Tesla could be weakening itself. What Happened: Volkswagen is anticipating a strong...

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) reported first-quarter earnings after market close Wednesday. Here are the key highlights. What Happened: Tesla reported first-quarter revenue of $18.76 billion, a year-over-year increase of 81%. The total came in ahead of a consensus estimate of $17...