Tesla Revives Berlin Gigafactory Expansion, Aiming to Reach 1 Million Cars a Year

At a glance

Tesla is moving again to expand its Berlin factory after sales in Europe recovered. If completed, annual production capacity would rise from 375,000 vehicles to over 1 million.

Key points

1. 1

   Tesla is working out plans for a second production building on the north side of the site.

2. 2

   Weekly output this month is set to rise from 6,500 to 7,500 vehicles, about 15 to 20 percent.

3. 3

   Tesla's new car registrations in Europe from January to August rose 43.3% from a year earlier.

4. 4

   An investment paused in August 2024 due to weak demand and permit delays is moving forward again.

Why it matters

Tesla's position in the European electric car market is shifting, so it is worth watching whether this large production expansion actually goes ahead.