Tesla moves a step closer to opening first European factory with German property deal


The logo of a Tesla Model X electric car in Berlin, Germany, in November last year. — Reuters

BERLIN: US electric car pioneer Tesla has agreed to buy a property on the outskirts of Berlin, bringing it a step closer to opening its first European factory, local authorities said on Jan 19.

The US carmaker last November announced plans to build a giant factory in Gruenheide, in the eastern German state of Brandenburg, giving it the coveted "Made in Germany" label just as local rivals prepare to launch competing models.

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