Tesla looking to build Gigafactory in Europe

Tesla Inc is in talks with authorities in Germany and the Netherlands to build its first major European factory, the Wall Street Journal reported on Monday, citing officials involved in the talks.

The electric vehicle maker has had preliminary discussions with two German states vying to host its Gigafactory in Europe to build cars and their batteries under one roof, the report said.

Tesla Chief Executive Officer Elon Musk said in June that he favours Germany as the location for its first European Gigafactory.

The company earlier this month announced plans to build its first overseas plant in China.

Tesla was not immediately available for comment.

(Source)