- 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.