Elon Musk: Berlin 'gigafactory' will build Teslas starting with the Model Y

After launching manufacturing facilities in the US and China, Tesla's next location is apparently in Europe. Reuters and CNBC report that while speaking at an awards ceremony in Germany, Elon Musk announced the company's 'Gigafactory 4' will be located in the Berlin area. Musk later tweeted out "Giga Berlin," and said that the location "Will build batteries, powertrains & vehicles, starting with Model Y."

This follows its current facilities in Nevada, Buffalo and its newest addition in Shanghai, China. Apparently this one will also include an engineering and design center. Tesla bought a German engineering firm in 2016 to help build the Model 3, and it appears those efforts will grow as it launches production of the Model Y, and, presumably, the electric "cybertruck" that's supposed to be revealed next week.