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Elon Musk's Tesla factory in Germany makes no sense

Video Credit: Rumble - Duration: 00:36s - Published < > Embed
Elon Musk's Tesla factory in Germany makes no sense

Elon Musk's Tesla factory in Germany makes no sense

Tesla CEO Elon Musk announced last week that a new factory is planned for Germany, in the Berlin area.

This is a bad idea.

The European auto industry already has too many factories for the region's level of demand.

The European auto market also isn't growing.

A shift to electric vehicles could happen, but it would be far more sensible for Tesla to take over an existing plant or hire a manufacturer to build its cars.

Musk's addiction to storytelling is driving this decision.

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Imran Alamin RT @TicToc: Tesla has transformed this muddy field in Shanghai into a gigafactory in less than a year. Now it's set to churn out 1000 cars… 11 minutes ago

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