Wall Street Journal — Leadership Newspaper

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Tesla Inc (TSLA.O) is in talks with authorities in Germany and the Netherlands to build its first major European factory, the Wall Street Journal reported on Monday, citing officials involved in the matter.

The electric vehicle maker has had preliminary discussions with two German states vying to host its Gigafactory in Europe to build cars and their batteries under one roof, the Journal reported.

The talks are still in their early stages and may not yield an agreement, according to the report.

Tesla Chief Executive Officer Elon Musk said in June that he favors Germany as the location for its first European Gigafactory.

“Perhaps on the German-French border makes sense, near the Benelux countries,” Musk had said here on Twitter, responding to a public tweet.

Tesla already has an engineering division in Pruem, Germany, that is about 30 kms from Belgium and about 100 kms from the French border.

A Tesla spokesman declined to comment.

Earlier this month, the…



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