by Tesla Long-standing German Gigafactory is about to manufacture its first electric cars. As Bloomberg reports, company chief Elon Musk told an event on Oct. 9 that the Berlin-area plant is expected to start production of Model Y crossovers in November or December. The challenge, as Musk explained, was to bring production to healthy levels.
The CEO estimated that the Berlin Gigafactory would produce 5,000-10,000 vehicles per week, but only by the end of 2022. The facility will likely source batteries from China until a cell factory German be ready, he added. Don’t expect the latter plant to play a significant role in Tesla’s benefits for a moment.
It also assumes that the Gigafactory is proceeding as planned. Tesla is still the subject of complaints and lawsuits regarding the plant’s impact, particularly on the environment, and a public consultation process will not end until October 14. Managers may deny final approval or demand new promises.
Tesla pledged to offset the impact of the plant by planting more trees than it removed, not to mention reducing water use. Whether or not that’s enough to please the authorities, it’s clear that Tesla’s European plans have reached a turning point. The next few weeks could decide whether Tesla soars in the region or battles reinvigorated holders.