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Tesla to build fourth Gigafactory in Europe?

by Justin King

The company is said to be in talks with Germany and the Netherlands.

Tesla is reportedly engaged in discussions to establish a Gigafactory in Europe.

The company is involved in talks with officials from Germany and the Netherlands, according to The Wall Street Journal.

Tesla chief Elon Musk recently singled out Germany as the top choice in Europe. The company already has operations headquartered in Pruem, where Tesla Grohmann Automation is based.

Germany is a leading choice for Europe. Perhaps on the German-French border makes sense, near the Benelux countries

— Elon Musk (@elonmusk) June 19, 2018

The California-based automaker recently announced plans to build another factory in China.

With Model 3 production recently reaching 5,000 units per week in Fremont, Tesla intends to build several more Gigafactories to support a much higher overall production volume for global markets ahead of the Model Y debut.