Tesla's German factory opened and the first batch of German-made Model Y began to be delivered.

Recently, elon musk, CEO of Tesla, attended the delivery ceremony of the first batch of vehicles at the company's German factory. After his appearance, he was cheered by fans.

The German factory is Tesla's first production center in Europe and the largest automobile factory recently built in Germany. Musk said: "Today is a very important day for this factory." He also called this day "another step towards a sustainable future". German Chancellor Olaf Scholz also attended the opening ceremony of the factory, calling it a symbol of progress and representing the future of the automobile industry.

On the same day, Tesla delivered the first batch of German-made Model Y high-performance models to customers. The price of this model in Germany is 63,990 euros (about 70,334 US dollars) and the cruising range is 5 14 kilometers. The company said that new orders will be delivered from April.

The new factory is located in Gruenheide, 35km from Berlin. Tesla revealed on March 22 that up to now, the number of employees in German factories has exceeded 3,000, and the total number of employees will increase to 1.2 million in the future. Musk released the third part of Tesla's master plan on Twitter last week, saying that he would "expand the company to the extreme".

Before the German factory was put into production, all the vehicles sold by Tesla in Germany came from the Shanghai factory, which would increase the logistics cost of vehicles. Musk said: "Realizing localized production in a continent has a great impact on capital efficiency."

After full production, the German factory will be able to produce 500,000 vehicles a year, while its competitor Volkswagen Group sold 450,000 pure electric vehicles worldwide last year. At present, the leader in the European electric vehicle market is Volkswagen Group, with a market share of 25%, while Tesla's share is 13%.

The construction of Tesla's German factory took two years, and Musk had previously warned that the time needed to increase production capacity would exceed the time spent on factory construction. JPMorgan Chase predicted that the factory will produce about 54,000 vehicles in 2022, 280,000 vehicles in 2023 and 500,000 vehicles in 2025.