Why is Tesla launching a new factory in Germany?

The new factory isn't the only thing that's come easily for Tesla in Germany. Earlier this month, Germany named Tesla one of 11 companies operating in the country to receive billions of dollars' worth of government subsidies aimed at increasing battery cell production.

What happened to Tesla Gigafactory in Brandenburg?

The conditional license for the vehicle and battery plants in Brandenburg was expected following months of delays. A Tesla Model Y is seen in a production hall of the Tesla Gigafactory during the open day. In Grünheide, east of Berlin, the first vehicles are to roll off the production line from the end of 2021.

Where are Tesla's electric vehicles made?

Tesla ( TSLA) today delivered the first 30 Model Y electric vehicles made at its Germany plant, its first factory in Europe. The plant will eventually produce 500,000 vehicles annually and employ 12,000 workers.

Is Tesla ahead of its German competitors?

Birgit Dietze of IG Metall, Germany's autoworkers' union, says because Tesla's entire fleet is electric, the company is already ahead of its German competitors. "Tesla has a bit of an advantage because it isn't having to shift from using old tech to new tech, but is starting immediately with new technology.