Tesla has submitted plans to invest 5 billion euros ($5.8 billion) in a battery plant with 50 GWh capacity next to the site, outstripping Volkswagen's (VOWG_p.DE) planned 40GWh capacity site in Salzgitter. "I would tell him to stop building electrocars but rather fly to Mars," said Manu Hoyer, who led a small protest of locals who oppose the project on environmental grounds, saying it will pollute drinking water.īrandenburg's economy minister has put the chances of the factory gaining approval to operate at 95%. Some local residents and environmental groups are unhappy with Musk's approach, which they say flies in the face of German business culture. He also defended the factory against critics of its environmental impact, saying that it used "relatively little" water and that battery cell production was "sustainable". He said volume production would amount to 5,000 or "hopefully 10,000" vehicles per week, and battery cells would be made there in volume by the end of next year. "It will take longer to reach volume production than it took to build the factory." "Starting production is nice, but volume production is the hard part," Musk told a cheering audience at a festival at the plant site, many of whom livestreamed the speech on social media. 14, after which the Environment Ministry will make a decision. The latest consultation on public concerns towards the site closes on Oct. Musk hopes to get the green light in coming weeks to start production at the site. Tesla says it target to deliver 100,000 Model S and Model X vehicles in 2018 is unchanged.GRUENHEIDE, Germany, Oct 9 (Reuters) - The first cars to emerge from Tesla's new Berlin factory should roll off the production line as early as next month, CEO Elon Musk said at the site of the plant on Saturday, but added that volume production would take much longer to achieve. Tesla also reaffirmed its cash flow positive outlook for the third and fourth quarters, despite negative pressures from a weaker dollar and likely higher tariffs for vehicles imported into China, as well as components procured from China. The company says it expects to produce 6,000 Model 3 vehicles a week by the end of July. But the vast majority of those Model 3 vehicles were made in the second quarter of 2018. The company failed to meet any of its production and delivery targets for the Model 3, until now. Tesla has delivered a total of 28,386 Model 3 vehicles since its splashy event in July 2017 when CEO Elon Musk handed over the first vehicles to employees. The company produced just 2,425 in the fourth quarter. Model S and X (the company doesn’t break these out): 24,761.
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