Tesla explores building Gigafactory in Europe

The electric vehicle maker has had preliminary discussions to build cars and their batteries under one roof

The Tesla logo is seen at the entrance to Tesla Motors' new showroom in Manhattan's Meatpacking District in New York City, US, December 14, 2017. PHOTO: REUTERS

Tesla is in talks with authorities in Germany and the Netherlands to build its first major European factory, the Wall Street Journal reported on Monday, citing officials involved in the matter.

The electric vehicle maker has had preliminary discussions with two German states vying to host its Gigafactory in Europe to build cars and their batteries under one roof, the Journal reported.

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The talks are still in their early stages and may not yield an agreement, according to the report.

Tesla Chief Executive Officer Elon Musk said in June that he favors Germany as the location for its first European Gigafactory.

"Perhaps on the German-French border makes sense, near the Benelux countries," Musk had said on Twitter, responding to a public tweet.
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