Tesla (TSLA) to invest an extra USD 250mln for annual production of 18 GWH of battery cells in Gruenheide, Germany
- Battery cell to EV production at one site probably from 2027.
Context
Tesla's plan to invest an additional $250 million in battery cell production at its Gruenheide facility signals a strategic commitment to enhance its supply chain resilience as part of its EV production. This investment not only reinforces Tesla's leadership in the EV sector but may also influence related sectors, including metals and automotive supply chains, given the projected production capacity of 18 GWh from 2027 onward.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#UNITED STATES#USD#EUR#JAPAN#JPY#UNITED KINGDOM#GBP#EUROPE#TESLA MOTORS INC#TSLA.US#FOREX#EQUITIES#METALS#EU SESSION#US SESSION#AUTOMOBILE MANUFACTURERS#METALS & MINING#AUTOMOBILES#AUTOMOBILES & COMPONENTS#S&P 500 INDEX#NASDAQ 100 INDEX#TESLA INC#TSLA#DXY#US EQUITIES