Tesla Announces $250 Million Investment in Berlin Gigafactory
Tesla plans to invest an additional $250 million into its Berlin-based Gigafactory, increasing battery cell production capacity from 8 GWh to 18 GWh annually. The factory is expected to ramp up Model Y production by 20% starting July 2026 and will hire around 1,000 new workers.
Tickers: $TSLA
Topics: battery production Berlin Gigafactory electric vehicles Tesla