After Elon Musk confirmed that they would build Tesla Gigafactory 4 in the immediate vicinity of Berlin, Germany, it has now been revealed what the factory's production capacity will be.
Information collected by the newspaper Bild and Frankfurter Allgemeine Zeitung reveal that the new Gigafactory will produce half a million Tesla cars a year. For now, only the production of Model Y and Model 3 is confirmed.
When confirming the location, Elon Musk revealed that in this factory batteries will be produced, powertrains and cars (starting with Model Y).
Multi-million dollar investment expected to reduce lead times
Also in the same report, it was revealed that Tesla will invest 4 billion euros in the construction and development of this factory. When the entire construction process is completed, Tesla should be able to secure work for up to 10,000 people.
Thanks to growing demand for Tesla cars, Tesla has faced a number of challenges in terms of the lead times its customers face after ordering a new car. Moreover, in some situations it was even impossible to deliver on the promises made.
When this plant is operating at "full gas", it should be an essential tool to reduce customer lead times in the various European markets.
A few months ago, Elon Musk said he expects to see this factory ready and running 100% within 12/18 months. Therefore, it is expected that at least by the end of next year or half of 2021, Tesla Gigafactory 4 will be fully operational.
Tesla remains concerned about its impact on nature
Tesla has chosen a forested area in the immediate vicinity of Berlin to build its Gigafactory 4. Therefore, in order to be able to start construction, they will have to proceed with extensive deforestation of the area.
However, the manufacturer has already made a commitment to plant 3 times more trees than they will have to cut to build its plant.
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