Italy seeks Tesla investment in opposition to German expansion, targeting an annual output of 1.3 million vehicles.

Italy hopes for Tesla investment amid opposition to German expansion. Italy's Economy Minister Adolfo Urso said the country has been in discussions with Tesla for several months, with the carmaker considering plans to expand outside Berlin. The Italian government aims to attract another major manufacturer, along with Chinese electric carmaker BYD, to help reach an annual output target of 1.3 million vehicles.

February 28, 2024
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