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Musk’s Tesla set to be given green light on German commercial production

Musk's Tesla set to be given green light on German commercial production

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Tesla Inc (NASDAQ:TSLA) shares closed over 7% higher on Monday amid German reports that the electric-vehicle maker will soon be granted permission to start commercial production near Berlin. The ‘Gigafactory Berlin,’ which is based in Grünheide, Brandenburg, intends to make more than half a million cars per year, CNBC said, citing Tagesspiegel and Der Spiegel.

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