Tesla to resign from government subsidies.  Battery production in Germany is a question

Tesla to resign from government subsidies. Battery production in Germany is a question


More than 2,000 jobs were to be created at Tesla’s battery factory in Grünheide alone. employment, but these plans are a question. According to a report from rbb24.de, the electric car manufacturer is suspending the battery project in Brandenburg.

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Tesla wants to change its battery manufacturing strategy to take advantage of the US tax break, reports the Wall Street Journal. US President Joe Biden signed the law in August, which provides, among other things, tax breaks for electric car manufacturers. Electric vehicle buyers are entitled to $7,500. tax credit for the purchase of a car if the batteries meet certain criteria.

Tesla opened its factory in Grünheide in March this year and handed over the first prototypes of the car “made in Germany” to customers. According to initial plans, 2,000 jobs should be created for battery production at the Gigafactory Berlin-Brandenburg. or more work. The Federal Ministry of Economy reported this figure last year.

In November 2021, Tesla announced that it will simply abandon the government subsidy of more than €1.1 billion for the planned battery production in Grünheide.

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Tesla is sticking to its plans for a battery and recycling plant at the Gigafactory Berlin-Brandenburg, but is withdrawing from government funding, a company spokesman commented at the time.

Now the company is completely revising its plans and stopping the battery production project in Grünheide. In the case of government grants, they would have to provide many documents and meet deadlines. Tesla decided that it would be quick and easy to get the money that it intends to seek on the capital market, reports rbb24.de.

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