Elon Musk is Going to Release a Compact Electric Car for Europe
OREANDA-NEWS. Elon Musk, the head of SpaceX and Tesla, said that he plans to release a fundamentally new electric car model for Europe. The design and creation of this model is planned at a German plant.
Tesla is preparing to build its own Berlin factory Gigafactory Berlin-Brandenburg, which will organize mass production of electric vehicles. It has already been announced that the new factory will "create original automotive design and engineering for global markets outside of Germany."
According to Electrek, Musk confirmed in September that original Tesla models will be developed at its factories in Shanghai and Berlin. Tesla also plans to deploy full-scale production of battery cells at its current projects in Berlin, Texas and China. Based on the progress of construction in Berlin, the company's first dedicated battery plant will be launched in Germany.
Elon Musk also told how the new car will look like. According to him, the new model of the electric car could be a compact hatchback or something similar.
In early November, the head of one of the largest car holdings Toyota was skeptical that the head of Tesla had managed to create a "real business." Akio Toyoda believes that Elon Musk builds projects that are not very compatible with reality, while Tyota produces excellent finished products.
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