The Long And Winding Road

Of German bureaucracy. Has it finally come to an end for Tesla?

I still wouldn’t bet on it.

Tesla to win approval for $5.5 billion Berlin gigafactory on Friday – The German state of Brandenburg has called a news conference for Friday at which it is widely expected to approve Tesla’s (TSLA.O) 5 billion euro ($5.5 billion) gigafactory near Berlin if certain conditions are met.

“The approval procedure for the e-car and battery factory of the U.S. company Tesla in Gruenheide in Brandenburg is nearing completion,” the state government said in a statement.

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