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Tesla Motors eyes Germany for new battery factory

Nov. 17, 2015 9:18 AM ETTesla, Inc. (TSLA) StockTSLABy: Clark Schultz, SA News Editor256 Comments
  • Tesla Motors (NASDAQ:TSLA) is in talks with the German government on building a battery manufacturing facility in the nation, according to the Economy Minister.
  • Sigmar Gabriel confirmed that Elon Musk was involved in the conversations. He also noted that Tesla is expected to ask for public funds.
  • Germany has been a low-volume market for Tesla which faces fresh competition from the BMW i3.
  • TSLA +0.56% premarket to $215.50.

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