Report: Construction on Tesla Berlin Gigafactory Again Halted Over Non-Payment
Tesla's (NASDAQ: TSLA) upcoming production facility in Europe has apparently suffered another delay. Tech news site Electrek reported on Friday, citing "reports coming out of Germany," that the company has been forced to halt the construction of its Gigafactory Berlin near the namesake capital city.
The reason, it seems, is that the company has not paid a required $100 million security deposit to Germany's State Office for the Environment on its potential demolition.
A Tesla Model Y, the first vehicle slated for production at the Gigafactory Berlin. Image source: Tesla.
Source Fool.com
