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Tesla boss Musk announces 25,000-euro car in Grünheide

Tesla wants to expand its factory near Berlin to a capacity of one million cars a year. Company boss Musk has made an important announcement. It then becomes clearer why such an expansion is planned.

Elon Musk, Tesla CEO, at a press event..aussiedlerbote.de
Elon Musk, Tesla CEO, at a press event..aussiedlerbote.de

Tesla boss Musk announces 25,000-euro car in Grünheide

The US electric car manufacturer Tesla wants to produce the planned entry-level model for 25,000 euros at its European plant in Grünheide near Berlin. Tesla boss Elon Musk announced this during a visit to Grünheide last Friday, according to participants. Several media outlets had previously reported on this. According to the participants, the announcement is seen as a commitment to the location in Brandenburg and an expression of the location's security. The car is already under development. Whether it will be built exclusively in Europe remains to be seen.

Tesla opened its plant in Grünheide last year. According to the company's latest figures, around 11,000 people are employed there. The target of 500,000 cars per year has not yet been reached, but there are already plans to expand the factory to a capacity of one million cars per year. The state of Brandenburg is still examining the environmental application for the first part of the expansion. Environmental associations and local residents have concerns, as part of the site is located in a water protection area.

Musk also announced higher wages for his employees during his visit to Grünheide. Following an increase in wages of up to 6 percent last year, they are set to rise by a further 4 percent this year. The annual salaries of production employees will also be increased by 2,500 euros from February 2024. IG Metall had welcomed the planned wage increase. According to the union, however, Tesla's pay will still fall well short of the standard level in the German automotive industry.

Tesla's planned entry-level electric car, priced at 25,000 euros, will potentially be manufactured using the company's European plant in Grünheide. Elon Musk, Tesla's CEO, suggested that higher wages for the plant's employees could also be a part of this investment.

Source: www.dpa.com

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