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 > Business > First Berlin Teslas could come next month, Musk tells fans
    Business

    First Berlin Teslas could come next month, Musk tells fans

    Published by maria gbaf

    Posted on October 11, 2021

    3 min read

    Last updated: January 29, 2026

    In this image, Polish President Andrzej Duda is signing the 2025 budget, which he plans to send to the Constitutional Tribunal for review. This significant financial decision impacts Poland's economic future and governance.
    Polish President Andrzej Duda signs the 2025 budget amid constitutional review - 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

    Quick Summary

    Tesla's Berlin factory is set to start production soon, with volume production expected to take longer. Environmental concerns and recruitment challenges are key issues.

    Tesla's Berlin Factory to Begin Production Next Month

    By Nadine Schimroszik

    GRUENHEIDE, Germany (Reuters) -The first cars to emerge from Tesla’s new Berlin factory should roll off the production line as early as next month, CEO Elon Musk said at the site of the plant on Saturday, but added that volume production would take much longer to achieve.

    Musk hopes to get the green light in coming weeks to start production at the site. The latest consultation on public concerns towards the site closes on Oct. 14, after which the Environment Ministry will make a decision.

    “Starting production is nice, but volume production is the hard part,” Musk told a cheering audience at a festival at the plant site, many of whom livestreamed the speech on social media. “It will take longer to reach volume production than it took to build the factory.”

    He said volume production would amount to 5,000 or “hopefully 10,000” vehicles per day, and battery cells would be made there in volume by the end of next year.

    He also defended the factory against critics of its environmental impact, saying that it used “relatively little” water and that battery cell production was “sustainable”.

    Some local residents and environmental groups are unhappy https://www.reuters.com/business/autos-transportation/teslas-gigafactory-electrifies-california-germany-culture-clash-2021-10-07 with Musk’s approach, which they say flies in the face of German business culture.

    “I would tell him to stop building electrocars but rather fly to Mars,” said Manu Hoyer, who led a small protest of locals who oppose the project on environmental grounds, saying it will pollute drinking water.

    Brandenburg’s economy minister has put the chances of the factory gaining approval to operate at 95%.

    Tesla has submitted plans to invest 5 billion euros ($5.8 billion) in a battery plant with 50 GWh capacity next to the site, outstripping Volkswagen’s planned 40GWh capacity site in Salzgitter.

    Musk said Tesla was worried that recruiting sufficient staff would be an issue, calling for people to apply from “all over Europe”.

    He said he hoped the battery plant would reach volume production by the end of next year.

    POPSTAR RECEPTION

    The company offered 9,000 tickets to the festival, with residents of Brandenburg state given priority.

    “Look, Mummy! A Tesla,” shouted an excited 9-year old called Emil, one of many children lined up with parents waiting for a 90-minute site tour.

    Fans cheered and laughed when Musk took the stage at sunset, welcoming him like a popstar.

    “This day is unique,” said Tesla fan Fred Schroeder. “The Tesla factory in Germany will be opened to the public for the first time. That is a very special day.”

    Another had driven his Tesla from Milton Keynes in Britain, despite not having a ticket. He said it was worth it just to see the site from the outside.

    ($1 = 0.8649 euros)

    (Reporting by Victoria Waldersee and Thomas EscrittEditing by Nick Zieminski, Jane Merriman and Frances Kerry)

    Key Takeaways

    • •Tesla's Berlin factory may start production next month.
    • •Volume production will take longer to achieve.
    • •Environmental concerns have been raised by locals.
    • •Tesla plans a significant battery plant investment.
    • •Recruitment for the factory is a key focus.

    Frequently Asked Questions about First Berlin Teslas could come next month, Musk tells fans

    1What is the main topic?

    The article discusses Tesla's new Berlin factory and its upcoming production plans.

    2What are the environmental concerns?

    Local residents and groups are concerned about water usage and potential pollution.

    3What are Tesla's production goals?

    Tesla aims for 5,000 to 10,000 vehicles per day and plans a large battery plant.

    More from Business

    Explore more articles in the Business category

    Image for Empire Lending helps SMEs secure capital faster, without bank delays
    Empire Lending helps SMEs secure capital faster, without bank delays
    Image for Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Image for How Commercial Lending Software Platforms Are Structured and Utilized
    How Commercial Lending Software Platforms Are Structured and Utilized
    Image for Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Image for Why More Mortgage Brokers Are Choosing to Join a Network
    Why More Mortgage Brokers Are Choosing to Join a Network
    Image for From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    Image for From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    Image for Global Rankings Revealed: Top PMO Certifications Worldwide
    Global Rankings Revealed: Top PMO Certifications Worldwide
    Image for World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    Image for Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Image for The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    Image for Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    View All Business Posts
    Previous Business PostLasting Power of Attorney for Business Owners
    Next Business PostUK working on support for energy-intensive industries, minister says