Elon Musk Takes a Trip That Doesn’t Bode Well for Tesla’s Rivals

Elon Musk has arrived in Europe where he is to launch the beginning of a new era of Tesla (TSLA) – Get Tesla Inc Report on the mainland. The electric vehicle maker which produced nearly a million vehicles in 2021 wants to step up a gear and produce more in the coming years.

To achieve this, Tesla built a Gigafactory near Berlin.

The production of this site will initially be devoted to the Model Y SUV. The cars leaving this plant will mainly serve the European market.

Musk is expected to kick off this important new stage in the history of the group founded in 2003 on Tuesday. According to the Twitter account @elonjet, which tracks the movements of his private jet, Musk arrived in the German capital from Austin, Texas, Monday.

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