Tesla Should Pick Germany for Gigafactory, Morgan Stanley Says
- Analyst Jonas sees site benefit in Europe’s largest economy
- CEO Musk has mentioned German border area as ‘leading choice’
A Tesla vehicle is seen at a dealership in January 2019.
Photographer: Joe Raedle/Getty Images North AmericaThis article is for subscribers only.
Tesla Inc. could soon become more German, if Morgan Stanley’s prediction is right.
The country would be the “logical choice” for the so-called gigafactory in Europe that Elon Musk’s electric-car manufacturer plans to announce by the end of the year, Morgan Stanley analysts led by Adam Jonas wrote in a note Thursday.