| 6:03 PM EST

Tesla Picks Berlin for European Factory

Tesla Inc. CEO Elon Musk says the company will erect its first European assembly plant outside Berlin.
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Tesla Inc. CEO Elon Musk says the company will erect its first European assembly plant outside Berlin.

The facility, dubbed Gigafactory 4, will make Tesla’s midsize Model 3 sedans and upcoming Model Y crossover variants, according to the Financial Times. The London-based newspaper says Tesla hopes to launch production in 2021.

The Berlin factory will join Tesla’s home assembly plant in Fremont, Calif., its giant batterymaking factory outside Reno, Nev., and its just-opened carmaking complex in Shanghai.

FT says the German plant will be located near a proposed new airport for Berlin. Musk says Tesla also will build a design and engineering center there.

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