Tesla Buys German Engineering Firm To Speed Up Model 3 Production

Posted: Nov 9 2016, 12:03pm CST | by , Updated: Nov 10 2016, 8:11pm CST, in News | Cars & Vehicles

 

Tesla Buys German Engineering Firm to Speed up Model 3 Production
  • Tesla extends its work in order to Work on the Tesla Model 3
 

Tesla bought an engineering firm to see that the production of Tesla Model 3 runs smoothly.

If we look at the preorders of Tesla Model 3, we are able to see that there are a lot of cars to be made by the company. Like this, we are looking for almost 500,000 cars per year by the end of 2018.

In order to meet the deadlines of production and to meet the haughty demands of customers, the company is set to obtain partnership with another one.

Tesla is all set to obtain Grohmann Engineering, which is a German firm that is specialized in automated manufacturing. The company will help Tesla in building these cars. 

This bargain and acquiring will help Elon Musk’s company to complete its tasks and to speed up its productions. Grohmann is supposed to serve as the base of Tesla’s Advanced Automation Germany facility. If everything goes in the right direction, then the deal can be finalized in the year 2017.

The company is looking to add 1000 new jobs for advanced engineering and skilled technical jobs in Germany in the next two years. This mean that Tesla is certainly looking to invest in Germany. 

This partnership was in news from the past many months. Tesla was planning to build a partnership with Grohmann in order to manufacture the upgrades form the past few months.

Tesla has to achieve a lot in order to make Model 3 production successful, according to Engadget. The company has to work for new Powerwalls and Powerpacks for batteries.

The company is also looking forward to self-driving capabilities. Tesla has also acquired Solar City earlier this year thus, this new move is not surprising. 

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