Tesla, Inc (TSLA) to Raise Production at its German Factory

Tesla, Inc. (NASDAQ:TSLA) is among the Stocks That Could 10X in the Next 3 Years. On September 14, Reuters reported that Tesla, Inc. (NASDAQ:TSLA) plans to raise production at its German factory in Gruenheide for the rest of 2025.

The decision comes after the company experienced strong sales across the markets it serves. Although Germany remains a tough market due to competition coming from Chinese electric carmakers. As a result, Tesla, Inc. (NASDAQ:TSLA) only sold 1,110 cars in Germany in July 2025, down 50% year-over-year. However, the factory in Germany supplies cars to more than 30 countries. Andre Thierig, the factory’s manager, noted positive sales trends in those other markets. This broader demand is driving Tesla, Inc. (NASDAQ:TSLA) to increase its production plans for the third and fourth quarters.

Tesla, Inc. (NASDAQ:TSLA) designs and manufactures high-performance electric vehicles and also develops and sells energy generation and storage products.

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Disclosure: None. This article is originally published at Insider Monkey.