Production at Tesla Inc.’s new gigafactory. outside Berlin will be delayed by another six months, according to a new report.
The German trade magazine Automobilwoche announced on Sunday that production would not begin until the end of January 2022 and that Tesla CEO Elon Musk had officially approved the six-month delay.
he had hoped to open the facility on July 1, but permit announcements and plans to build a battery cell factory also contributed to the delay. The massive factory will be the fourth in the world of Tesla and the first in Europe.
When Tesla reported profits last week, the electric vehicle company said its newest factories in Berlin and Texas were “making progress.”
Tesla did not immediately respond to a request for comment on Sunday. The company disbanded its media relations team last year.
To date, Tesla shares are almost equal, but have risen more than 400% in the last 12 months.