Skip to main content

Tesla to build 25,000-euro car in Germany

 BERLIN, Nov 6 (Reuters) - Tesla (TSLA.O) plans to build a 25,000-euro ($26,838) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the electric vehicle maker which is aiming for mass uptake of its cars.

The source, who declined to be named, did not say when production would begin.

Tesla declined to comment. Its shares were up 3% in pre-market trading in the United States at 0910 GMT.

Comments

Popular posts from this blog

Good Morning and happy Black Friday

Australia has passed a globally unique law that prohibits children under the age of 16 from using social media. The regulation is intended to force platforms such as TikTok and Meta (Facebook, Instagram) to block access for minors, otherwise they will face heavy fines. The law was passed after intense debate and is to apply from 2025. The aim is to protect children from psychological and physical harm caused by excessive use of social media, particularly through problematic content. Reactions are mixed: while some welcome the law, others criticize it as an encroachment on freedom. Experts and tech companies warn of possible negative consequences such as children being moved to more dangerous platforms. Ukrainian energy workers risk their lives to maintain the power supply despite Russian attacks. A DTEK thermal power plant, hit several times, requires constant repairs. The workers see themselves as part of the front line in the war and are fighting to supply millions of people with ene...