/ Industry, News, Tesla / Tesla’s CEO hints to European plant

Tesla’s CEO hints to European plant

Linked In Share
Tesla’s CEO hints to European plant

According to billionaire entrepreneur and co-founder of Tesla Motors, Elon Musk, the company he directs as CEO would start building a factory in Europe after the region’s sales reach 160,000 units.

While today the company only has a model in its portfolio – the luxurious Model S – and has a long way to reach the desired numbers, it would make sense to seek such an ambitious target (for an electric-only carmaker) once the company finally introduces its Model X crossover SUV and the fabled affordable sedan.

“My aspirations for Europe are that we sell a comparable number of cars in Europe as the US,” said Musk.

On the other hand, the CEO did envision more to the point plans that would see completion in the near future – the UK has been chosen as the place for a new European research and development center that would see the light in 2015 or 2016, while the already owned final assembly facility in Tilburg, in the Netherlands – which refits batteries on cars sent from the US – would be expanded.

Just to have a good understanding of Tesla’s (maybe) far fetched ambitions, we can note that according to figures from market researcher JATO Dynamics, Tesla sold in the January to April period 3,467 Model S units in all of Europe and just 2,050 in the US home market.

Via Automotive News Europe

by Aurel Niculescu (my Google+) - Friday, June 13th, 2014 - filed under Industry, News, Tesla. Image credit: .
Linked In Share
Related Articles
europe plant sales targets


Discuss: Tesla’s CEO hints to European plant

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Test Drive: Peugeot 2008 1.6 e-HDI
Test Drive: Peugeot 2008 1.6 e-HDIThe small crossover offered by the French automaker has become an acquaintance to the inautonews.com team, with the 2008 being ...
FIA backtracks on car performance radio clampdown
FIA backtracks on car performance radio clampdownSep.19 (GMM/Inautonews.com) The FIA has backtracked over its total clampdown on "performance"-related radio communications in ...
Next-gen Mitsubishi L200 to be offered as a Fiat too
Next-gen Mitsubishi L200 to be offered as a Fiat tooMitsubishi and Fiat have signed a partnership which will lead to the development of a midsize pickup truck by the Italian based ...
Lamborghini Veneno Roadster is looking for a new owner
Lamborghini Veneno Roadster is looking for a new ownerThe last example of the Lamborghini Veneno Roadster is currently looking for a new owner who will have to pay 5,700,000 EUR ...
2015 Vencer Sarthe supercar officially unveiled
2015 Vencer Sarthe supercar officially unveiledThe 2015 Vencer Sarthe has been officially unveiled by the Dutch based automaker and the model in question will go on sale from ...
Ferrari 458 Italia gets crashed beyond recognition, kills occupants
Ferrari 458 Italia gets crashed beyond recognition, kills occupantsOne of the worst crashes of a Ferrari 458 Italia is coming from Germany where the supercar combined with excessive speed has ...
[VIDEO] Audi TT-S gets tested by Autocar
[VIDEO] Audi TT-S gets tested by AutocarAutocar’s Matt Prior has recently went for a spin in the hottest version of the new-gen TT, for the moment at least, the ...
Five amazing new car exhaust pipes
Five amazing new car exhaust pipesThe editors at cars.com decided it’s time to relax, lean back and… see some amazing tail ends of today’s great rides. Yes, ...
Teenager borrows neighbor’s Lamborghini, gets killed in test drive
Teenager borrows neighbor’s Lamborghini, gets killed in test driveAn 18-year old kid has tragically lost his life in a test drive with the neighbor’s Lamborghini. A short test drive of a ...
US: Uber service hit by “gratuity” surcharge lawsuit
US: Uber service hit by “gratuity” surcharge lawsuitThe nascent industry of smartphone services that allow users to call in for rides is fiercely battled across the US and Europe. ...
French consortium outs new mass-market electric charging stations
French consortium outs new mass-market electric charging stationsA group of French companies headed by construction concern Bouygues has announced it has developed a new charging system for ...
2017 Mercedes-Benz E-Class spied
2017 Mercedes-Benz E-Class spiedThe future generation of the Mercedes-Benz E-Class has started its tests at the company’s headquarters in Stuttgart, as our spy ...
US: executives of Japanese suppliers indicted in price-fixing probe
US: executives of Japanese suppliers indicted in price-fixing probeAccording to the US Department of Justice a federal grand jury in Detroit moved to indict seven executives at two Japanese auto ...
[VIDEO] Lamborghini Aventador sets fire to itself
[VIDEO] Lamborghini Aventador sets fire to itselfA Lamborghini Aventador has managed to spice up an Asian wedding by setting fire to itself. Even if you are used to seeing the ...
US: After Audi, Google and Mercedes-Benz ask California for autonomous driving permits
US: After Audi, Google and Mercedes-Benz ask California for autonomous driving permitsYesterday we told you that German luxury automaker Audi was the first company that received California’s new permits for ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

Peugeot_2008_1
2015 Vencer Sarthe 1
ferrari 458 italia crash germany autobahn 1
chevrolet-corvette-z06-rear2015
lamborghini gallardo crash mount sinai 1
Spied 2016 Mercedes E-Class 001
ferrari fxx for sale dubai 1
Volkswagen Beetle GRC 1
Range Rover Evoque SW1 1
kia vehicles paris motor show 1
Scion x Riley Hawk Skate Tour xB
Volvo XC90 R-Design 1

More automotive from inautonews
The small crossover offered by the French automaker has become an acquaintance to the inautonews.com team, with the 2008 being tested in two other occasions. The coordinates remain the same though; the model needs to prove its prowess in the crowded scenery of the fastest-rising segment in ...
read more
Inautonews Editors Section
Test Drive: Peugeot 2008 1.6 e-HDI
Test Drive: Peugeot 2008 1.6 e-HDIThe small crossover offered by the French automaker has become an acquaintance to the inautonews.com team, with the 2008 being tested in two other ...
Top 10 Ferrari F1 drivers No.1 Michael Schumacher
Top 10 Ferrari F1 drivers No.1 Michael SchumacherThe greatest driver of the modern age and perhaps the most complete off all-time he rewrote all the conceivable records in such a dominant fashion ...
Can Ricciardo do a Prost ’86?
Can Ricciardo do a Prost ’86?For the third time this season, Mercedes faltered in their 1988-esque campaign and there’s only one man ready to pounce whenever opportunities ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Recall roundup: GM CNG vansThe North American based automotive giant General Motors has recently issued yet another recall, ... Recall roundup: Toyota vehicles for fire riskThe Japanese based automaker Toyota has recently issued a recall for several of its vehicles ...
Safety Section