Tesla abandons Germany to set up a battery plant and 1.14 billion euros in government subsidies

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Tesla abandons Germany to set up a battery plant and 1.14 billion euros in government subsidies

Tesla (TSLA.US) announced that it has abandoned its application to set up a factory in Brandenburg, Germany and obtain government subsidies. The spokesperson said that it has notified relevant departments of the cancellation application and stated that its production plan will not be affected by related events. The company’s chief executive Elon Musk said on social media that he believes that all…

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