Skip to content
Subscriber Only
Business
Hyperdrive

Tesla Closer to European Foothold for Battle With German Rivals

  • U.S. carmaker, Brandenburg hammer out text for sale of land
  • Tesla also files environmental application for project
Tesla Motors Inc. Opens First Store In South Korea
Photographer: SeongJoon Cho/Bloomberg
From

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

Elon Musk has moved a step closer to building his first car factory on the home turf of Volkswagen AG, Daimler AG and BMW AG as his company hammered out a contract to buy land in Germany.