Elon Musk officially opened Tesla’s first manufacturing facility in Europe on Tuesday as the company looks to take pressure off its other factories in the U.S. and China.
Musk was seen dancing as he presided over the delivery of Tesla’s first German-made cars to 30 clients and their families at the carmaker’s 5 billion euro ($5.5 billion) plant. Tesla sees the Berlin factory producing up to 500,000 vehicles annually.
While Tesla dominates the conversation around electric vehicles in the U.S., Germany-based Volkswagen Group is the EV market leader in Europe. With Tesla opening a new factory in Germany, can the company broaden its appeal and become the global EV leader? Watch CNBC’s deep dive to learn more: https://youtu.be/fHHphp3C1Qs
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Subscribe to CNBC PRO: https://cnb.cx/2NLi9AN
#CNBC
