Elon Musk, CEO of Tesla, and Armin Rachet, candidate of the German Civil and Knights Party (CCP) coalition, visit the construction site of a gigafactory outside Berlin. [사진 출처 = 연합뉴스]The stock price of Tesla, an electric car maker, has risen by about 7.5% to $870.43, up 7.5% from the previous trading price of $809.81 on the 28th of last month (local time), and then climbed up and down between $839-880.
The German state of Brandenburg, where the Gigafactory is located, will hold a press conference on the 4th and approve the operation, Reuters reported on the 3rd. .
“The state government has already said in a statement that the approval process for Tesla’s electric vehicle and battery plant in Grönheidel, Brandenburg, is almost complete,” Reuters reported. We will approve a gigafactory worth 6.68 trillion won),” he said.
The Berlin Gigafactory is Tesla’s fourth production plant after Nevada, New York, and Shanghai. In November 2019, Tesla CEO Elon Musk announced plans to establish the company, and construction began. It was completed at the end of last year and is said to be making a prototype.
However, the state’s approval did not fall, and the actual product could not be produced. This is because Tesla submitted an application for permission to build an additional battery plant late, and some civic groups raised the issue of running out of drinking water.
Plants require huge amounts of water to operate, which can deplete water resources and damage wildlife habitat, he said. Some residents and environmental groups have also filed for injunctions.
In a letter to authorities last year, Elon Musk said he was annoyed by Germany’s laws and procedures, saying that “the complex demands of the authorities conflict with the urgent need to fight climate change.”
As the state government has already issued a statement, it is highly likely that the Berlin Gigafactory will be approved for operation at the press conference on the same day. As a result, Tesla’s production capacity is expected to increase significantly.
Tesla sold 936,222 electric vehicles worldwide last year. In the automobile industry, Tesla is expected to sell 2 million units this year as it expands its existing factories and starts a new factory.
The production scale for each base is 600,000 units at the Fremont factory in California, USA, 450,000 units at the Gigafactory in Shanghai, China, and 500,000 units at the Gigafactory in Berlin and Austin, respectively.
The operation of the Berlin Gigafactory is meaningful in that it can be a key to increasing Tesla’s European market share, which is being lost to Volkswagen.
CNBC reported that at the end of last year, Volkswagen’s European EV market share surpassed Tesla by 26% in the first half of the year, citing local production, brand friendliness, and low prices as the reasons.
Last year, Tesla sold 309,000 electric vehicles in the European market, closely following Volkswagen (310,000 units), so it is expected that it will be able to increase its European market share by taking advantage of the local factory.
“Six months ago, Musk hoped to own this plant (the Berlin Gigafactory) to conquer the European market, where Volkswagen has overtaken Tesla (13%) with 25% of EV sales,” Reuters reported. told
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