July 30, 2018 / 3:30 PM / 2 months ago

Tesla explores building Gigafactory in Europe - WSJ

(Reuters) - Tesla Inc is in talks with authorities in Germany and the Netherlands to build its first major European factory, the Wall Street Journal reported on Monday, citing officials involved in the talks.

The company logo is seen in front of a showroom of U.S. car manufacturer Tesla in Zurich, Switzerland March 28, 2018. REUTERS/Arnd Wiegmann/Files

The electric vehicle maker has had preliminary discussions with two German states vying to host its Gigafactory in Europe to build cars and their batteries under one roof, the report said.

Tesla Chief Executive Officer Elon Musk said in June that he favors Germany as the location for its first European Gigafactory.

The company earlier this month announced plans to build its first overseas plant in China.

Tesla was not immediately available for comment.

Reporting by Sonam Rai in Bengaluru; Editing by Maju Samuel

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