Tesla (NASDAQ:TSLA) is moving forward with the acquisition of a 300-hectare property in a designated industrial area just outside of Berlin.
The Brandenburg state has already approved the sale at a preliminary price of $45.4M.
The “Made in Germany” distinction is seen as important for Tesla as it looks to compete with Audi (OTCPK:AUDVF), BMW (OTCPK:BMWYY) and Volkswagen (OTCPK:VWAGY).
