The first Tesla production plant in Europe

The first Tesla production plant in Europe

Yesterday, Elon Musk showed a $ 5 billion investment. It is the first Tesla plant on the old continent (Europe), with which Tesla wants to reduce the pressure on plants in Asia and the United States.

“This is a big day for the factory and it is another step towards a sustainable future,” Musk said.

This event was supposed to happen eight months ago, but the opening was delayed due to problems with the issuance of licenses by local authorities. This is an important investment in the German automotive industry, the largest in recent history, but also a good indicator of a bright future.

At full capacity, the factory should produce 500,000 cars a year, significantly more than Volkswagen, which sold 450,000 electric vehicles worldwide last year.

However, the world media mostly write about what the founder of Tesla did at the opening. Musk was seen dancing as he announced the delivery of Tesla’s first German-made cars.

This event did not pass without protest either. Near the factory, environmental organizations have expressed a number of concerns from the amount of water used in production to the number of trees cut down to build it.

Source: Reuters