👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Tesla CEO Elon Musk to visit Berlin factory in mid February

Published 01/18/2022, 03:34 AM
Updated 01/18/2022, 03:55 AM
© Reuters. FILE PHOTO: Tesla CEO Elon Musk gestures as he visits the construction site of Tesla's Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul/Pool via Reuters
TSLA
-
TWTR
-

BERLIN (Reuters) - Elon Musk will visit Tesla (NASDAQ:TSLA)'s factory in Berlin in mid-February, the chief executive tweeted on Tuesday, following speculation on Twitter (NYSE:TWTR) that he would be in Germany this month.

"I obv can’t comment on every rumor, but this isn’t true. Am headed to Berlin mid Feb, not this week," Musk tweeted in response to an article by website Drive Tesla CA which cited a tweet claiming he was visiting Berlin on Jan. 16.

Musk added in a separate tweet that rumours around his travel plans online were becoming a "security issue," in response to an apology from the account owner who first posted the wrong travel date, Sawyer Merritt.

Musk said last year he expected the Berlin factory to have received its licence to begin mass production of its Model Y cars by December, but bureaucratic hurdles and an ongoing court case over the factory's water use have delayed the process.

© Reuters. FILE PHOTO: Tesla CEO Elon Musk gestures as he visits the construction site of Tesla's Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul/Pool via Reuters

A first hearing in the court case will take place on Feb. 11, although regional finance minister Joerg Steinbach told German newspaper Tagesspiegel earlier this month that the license to begin production could come before the case was resolved.

Tesla was not immediately available for comment.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.