Volkswagen CEO: Germany better suited to Tesla than California

On November 19th Herbert Diess, chief executive of Volkswagen AG, said Tesla might find Germany a better place to make manufacturing than its home state of California.

“What Tesla is looking for is probably the environment and the infrastructure to make high-quality cars,” Dees told analysts and investors by phone monday. In this regard, Germany’s conditions may be better than the West Coast of the United States. “

Volkswagen CEO: Germany better suited to Tesla than California

According to media reports, the German government has said it will increase incentives for the development of electric vehicles, to promote the use of fossil fuels to reduce emissions. Adam Jonas, an analyst at Morgan Stanley, said in a recent research note that Germany would be a “reasonable choice” for What Tesla called its electric-car super factory, which is home to “global luxury car brand manufacturers whose economies depend on car manufacturing.” But the government is focusing on climate change. “

Elon Musk, Tesla’s chief executive, announced last week that the company would build a car and battery plant on the outskirts of Berlin, Germany, and an engineering and design center in downtown Berlin. The plant will be Tesla’s second electric vehicle manufacturing facility outside the United States. Tesla’s plant near Shanghai is the company’s first electric vehicle plant outside the United States. Tesla’s Shanghai plant has been put into production and its products are on the market.

Tesla’s large plant in Fremont, California, is preparing for Model Y production, which begins next summer.

Tesla has not yet announced where it will build a new electric pickup truck, but media reports say Musk plans to launch the product in Los Angeles later this week.

With the development of the electric vehicle market, traditional carmakers, including Volkswagen, are turning their attention to this new market, which is growing rapidly.

Ford has unveiled its first all-electric vehicle, the Mustang Mach E, which is believed to be forbid to catch up with Tesla. But Mr Musk seemed pleased, saying he was “excited” by the launch because it should push other carmakers toward the electric car business.

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