CEO Andy Jassy's memo announcing the policy change came as a surprise to employees when it was posted internally on the company's website Friday. Read More...
Reuters
Tesla scales back German battery plans, won over by U.S. incentives
Tesla has paused plans to produce entire batteries in Brandenburg, Germany, and will instead carry out some production steps in the United States where tax incentives are more favourable, the Brandenburg economy ministry said on Tuesday. The U.S. carmaker had originally planned to produce the full battery at the Gruenheide site in Germany, with a peak capacity of over 50 gigawatt hours per year.
