Tesla's German plant plans to lift production, factory boss tells DPA news agency
Published by Global Banking and Finance Review
Posted on September 14, 2025
Global Banking and 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.
Published by Global Banking and Finance Review
Posted on September 14, 2025
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)