Tesla is committing $250m to its Berlin-Brandenburg gigafactory in Germany, with the aim of expanding battery cell production and advancing towards a target of one million vehicles manufactured at the site.<\/p>\n
The facility, which began operations in March 2022, currently produces hundreds of thousands of Model Y vehicles annually alongside millions of battery cells, and has recently surpassed the 750,000-vehicle production milestone.<\/p>\n
Factory lead Andre Thierig disclosed the investment via post on X.<\/p>\n
\u201cToday, we announced a $ 250m investment for our Giga Berlin Cell factory. This will enable 18GWh of annual 4680 cell production and create more than 1500 new jobs,\u201d Thierig\u2019s post on 12 May read.<\/p>\n
A day earlier, while reposting a post about 750,000 cars being built at Giga Berlin, Thierig said: \u201cGetting closer to the first million cars produced at Giga Berlin! We are ramping production shortly to get us there as quickly as humanly possible!\u201d<\/p>\n
The news follows Tesla’s first quarter 2026 results<\/a>, which showed total revenue climbing 16% year-on-year to $22.38bn, while net income attributable to common stockholders rose 17% to $477m.<\/p>\n Thierig described the investment as a \u201cgood news during challenging times for the German industry\u201d as the wider domestic manufacturing environment remains under pressure.<\/p>\n Volkswagen Group reported<\/a> a 14.3% decline in first-quarter operating profit, attributed to US tariffs and heightened competition in China.<\/p>\n The group also acknowledged that existing cost-cutting measures have not gone far enough.<\/p>\n