Market Overview

Tesla Gigafactory Berlin May Have 4,000 Employees By March

Tesla Gigafactory Berlin May Have 4,000 Employees By March

Tesla Inc's (NASDAQ: TSLA) Gigafactory Berlin is being constructed at record pace. The factory is expected to produce Tesla's Model Y, Model 3 and eventually a more affordable $25,000 Tesla.

Now a new post from Tesla fan site Tesmanian has quoted anonymous sources claiming up to 4,000 employees will be working in the new factory by March 2021. Vehicle production is scheduled to start June 2021. During the time from March to June, employees will perhaps be trained to start vehicle production.

The factory is being built at a rapid pace thanks to prefab technologies, which can increase speed and lower the cost of construction.

Benzinga's Take: Construction began June of 2020, so having employees begin training by March would be incredibly impressive. If Tesla does start delivering vehicles in June, this would line up with the timeline of Tesla's Gigafactory Shanghai, which was able to deliver its first vehicles to customers less than 365 days from the start of construction.

Photo courtesy of Elon Musk on Twitter.


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