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The next factory that Tesla Inc (NASDAQ:TSLA) is likely to complete is Gigafactory Berlin. It's Tesla's first European factory, which should help the company ramp up deliveries on the continent.
Newly surfaced pictures show that progress is occurring rapidly at the construction site.
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A user on Twitter has shared some pictures they said were taken while hiking near the factory site on Wednesday. The images show a paint building, a hazmat area and other progress.
Selected pictures from my hike around #GigaBerlin today. 2020-08-05 - 5 to 9pm
— Giga Berlin / Gigafactory 4 (@gigafactory_4) August 5, 2020
1. Future hazmat area is cleared from top soil
2. A look from noth into west painting building
3. Preconstructed walls
4. Roof construction at the future drive unit
Album:https://t.co/PvuZ6aIWcr pic.twitter.com/kDIZb1kZKf
Tesla made quick progress on Gigafactory Shanghai, and it appears that Gigafactory Berlin is following suit.
Tesla is also in the beginning stages of Gigafactory Texas, which itself is showing rapid progress. The Gigafactory Berlin is expected to initially produce Model Y, followed by the Model 3, and also to have its own battery production nearby.
Photo courtesy of Tesla.
Discover the power of "triple-threat stocks" today!
Legendary investor, Tim Melvin, unearths unlooked "triple-threat stocks" in his Yield Report. Want a shot at handsome opportunities in both a bear and bull market? See if you qualify for the Yield Report. Access for only $0.99 here right NOW!