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Tesla Exploring New Places For The Potential Factory In Germany

Tesla Company (TSLA.O) is scouting out locations for a potential factory in the German state of North Rhine-Westphalia (NRW), Germany’s most populous state, daily Rheinische Post reported on Sunday, citing people familiar with the matter.

Initial inspections have taken place, the paper stated.

Tesla spokespeople in Europe weren’t instantly out there for remark.

Tesla Chief Executive Elon Musk stated in a tweet in April that the company was “considering” constructing a factory in Germany.

Last year, Musk stated Germany was a leading alternative in Europe to construct a Gigafactory, including “the German-French border makes sense, close to the Benelux countries.”

NRW, Germany’s most populous state, shares borders with the Netherlands and Belgium.

Tesla is also trying on the German state of Lower Saxony, which shares a border with the Netherlands, it is Economy Minister Bernd Althusmann stated earlier this week.

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