Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Tesla's German plant plans to lift production, factory boss tells DPA news agency
    Finance

    Tesla's German plant plans to lift production, factory boss tells DPA news agency

    Published by Global Banking & Finance Review®

    Posted on September 14, 2025

    1 min read

    Last updated: January 21, 2026

    Tesla's German plant plans to lift production, factory boss tells DPA news agency - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:innovationElectric carssustainabilityAutomotive industry

    Quick Summary

    Tesla's German plant will boost production due to strong sales, despite facing competition and a significant drop in sales earlier this year.

    Tesla's German plant plans to lift production, factory boss tells DPA news ag...

    BERLIN (Reuters) -U.S. electric carmaker Tesla plans to raise production at its German plant for the rest of the year due to strong sales, the head of the Gruenheide factory told Germany's DPA news agency on Sunday.

    “We currently have very good sales figures and have therefore revised our production plans for the third and fourth quarters upwards,” André Thierig, manager of the Gruenheide plant outside Berlin, told DPA.

    Germany is a tough market for Tesla due in part to stiff competition from Chinese rivals. Elon Musk's political activity may also have affected demand, say analysts.

    In July, Tesla's sales volumes more than halved from a year earlier to 1,110 cars and in the January-July period, sales were down 57.8%, according to the KBA road transport agency.

    Thierig said the company was seeing positive signals for all markets the factory supplies, adding that went beyond Germany.

    "We supply well over 30 markets and definitely see a positive trend there,” he told DPA.

    (Reporting by Madeline Chambers;Editing by Elaine Hardcastle)

    Key Takeaways

    • •Tesla plans to increase production at its German plant.
    • •Strong sales are driving the production increase.
    • •Tesla faces competition from Chinese carmakers in Germany.
    • •Sales in Germany have declined significantly this year.
    • •Positive sales trends are noted in over 30 markets.

    Frequently Asked Questions about Tesla's German plant plans to lift production, factory boss tells DPA news agency

    1What are Tesla's plans for production at its German plant?

    Tesla plans to raise production at its German plant for the rest of the year due to strong sales.

    2How have Tesla's sales figures changed recently?

    In July, Tesla's sales volumes more than halved from a year earlier to 1,110 cars, with a 57.8% decrease in sales during the January-July period.

    3What challenges does Tesla face in the German market?

    Germany is a tough market for Tesla due to stiff competition from Chinese rivals and potential impacts from Elon Musk's political activity.

    4How many markets does the Gruenheide factory supply?

    The Gruenheide factory supplies well over 30 markets and is seeing positive trends across these regions.

    5Who is the manager of the Gruenheide plant?

    André Thierig is the manager of the Gruenheide plant, and he has indicated positive signals for production and sales.

    More from Finance

    Explore more articles in the Finance category

    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US wants Russia, Ukraine to end war by summer, Zelenskiy says
    US wants Russia, Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    View All Finance Posts
    Previous Finance PostAirbus, Thales, Leonardo could sign first deal this year on satellite tie-up, Airbus executive says
    Next Finance PostFrench farmers' union FNSEA calls for day of protest