Germany Issues Chilling Warning: 'This May Be Europe’s Last Peaceful Summer'
Germany’s defense minister Boris Pistorius warned that Russia could regain enough military strength to target a NATO member state before 2029
Tesla's Plant in Germany will Produce 500,000 Electric Vehicles a Year
Business | December 12, 2019, Thursday // 16:56
- Tweet
Send to Kindle
www.pixabay.com
Tesla, the American electric car maker, plans to produce 500,000 electric vehicles annually at its new factory, 140 km from the German capital Berlin, near Brandenburg.
German media reported on Wednesday, citing planning documents for the construction of the plant, that Tesla would invest around € 4 billion in the plant and employ about 10,000 staff. Construction of the plant is expected to begin in 2020.
The chief executive of the US company Elon Musk said earlier that Germany had been chosen over Britain because of Brexit, and that the 420-football-size site would be used to build Tesla electric vehicles from Model 3 and Model Y.
Elon Musk said: "Everyone knows that German engineering is outstanding and that's part of the reason we are locating our Gigafactory Europe in Germany," adding that Tesla will also set up a design and engineering center in Berlin.
Related Articles:
Former German Foreign Minister Admits Misjudging Putin Was Berlin’s 'Biggest Political Mistake'
Former German Foreign Minister Sigmar Gabriel has described Germany’s misunderstanding of Russian President Vladimir Putin’s intentions as one of the greatest failures in the country’s foreign policy
German General Warns: Russia Could Strike NATO Territory at Any Moment
Russia currently has the capacity to carry out a limited strike on NATO territory at any time, although whether it will do so depends largely on the stance of Western allies
New Rheinmetall Ammunition Plant Breaks Ground in Lithuania, Second Project Under Discussion
Germany’s defence company Rheinmetall, together with Lithuanian partners, has begun construction of a major ammunition plant in northern Lithuania
It’s Official: Bulgaria Signs Landmark Deal with Rheinmetall for New Ammunition Plant
Bulgaria and the German defense giant Rheinmetall have officially launched their joint project to build a state-of-the-art facility for gunpowder and 155-millimeter ammunition production
Bulgaria Partners with Rheinmetall to Build High-Tech Arms Plant and Create 1,000 Jobs
Bulgaria and the German defense giant Rheinmetall have finalized a strategic agreement for the construction of a modern plant that will produce gunpowder and 155-mm NATO-standard artillery shells on Bulgarian territory
Bulgarian National Bank Extends Cash Desk Hours Amid Strong Demand for Euro Starter Kits
The Bulgarian National Bank announced extended operating hours at its cash desks today and on Saturday, December 20, in response to heightened public demand
Business | December 13, 2025, Saturday // 10:39
Scope Ratings Confirms Bulgaria’s A- Credit Score with Stable Outlook
Scope Ratings has completed its latest review of Bulgaria and confirmed the country’s long-term credit rating at A- with a stable outlook, alongside short-term ratings of S-1/Stable
No Budget, Big Consequences: Fiscal Council Flags Risks as Bulgaria Prepares for Extension Law
At the turn of the year, Bulgaria is preparing to enter 2026 without an approved state budget
You Don’t Need to Be Rich: Bulgarians Start Investing with Just 25 Euros
In Bulgaria, the common perception that investing is reserved for the wealthy remains widespread, but recent analysis by Freedom24 shows that households can begin investing with modest amounts of 50–100 BGN (approximately €25–50) per month
Bulgaria’s Telecoms Drive Investment and Jobs, Outpacing National Average
The three leading telecommunications operators in Bulgaria inject more than 640 million BGN (≈327 million EUR) annually into the development of networks and services
Business | December 12, 2025, Friday // 09:00
Top 5 Facts About the Euro You Probably Didn’t Know
The euro has been in use since 1999 as a non-cash accounting unit and since 2002 as physical currency.
