Tesla eyes new factory in Spain

STORY: Tesla could be getting closer to building another factory.

A Reuters source says the EV pioneer is in talks with the regional government of Valencia, in Spain.

The Cinco Dias newspaper said Thursday (June 8) the firm could invest over $4.8 billion in the new facility.

It cited sources close to the discussions.

A spokesman for Valencia would only say that the regional government was in talks over a “large automobile investment”.

There was no comment from Tesla or Spain’s…

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