Tesla retracts their application of 1.135B for it's battery...

Tesla retracts their application of 1.135B for it's battery plant in Berlin. Talga would qualify to get money from the same fund. Go Talga!

https://m.pnn.de/ueberregionales/inland/gigafactory-in-gruenheide-tesla-verzichtet-auf-milliardenfoerderung-fuer-batteriefabrik/27837328.html

Google translate:

Gigafactory in Grünheide Tesla waives billions in funding for battery factory

The funding decision for EUR 1.135 billion for the electric car company was largely prepared. But surprisingly, the US automaker does not want to accept government money.

The federal government would have been ready, but Tesla waived: For the planned battery cell factory in the almost finished electric car gigafactory, the funding decision for 1.135 billion euros from the second European battery cell program (IPCEI) was largely prepared. After it was said on Friday that the federal government had given the green light, the surprise came: The US company does not want to accept the state money.

According to Tagesspiegel information, the funding decision in the Federal Ministry of Economics under the Executive Minister Peter Altmaier (CDU) was practically already signed. The government decided a few weeks ago that Brandenburg wanted to contribute 120 million euros to the funding. Then the Federal Ministry of Economics and Tesla announced that the group waived.

Tesla has informed the Federal Ministry of Economics and the Brandenburg Ministry of Economics that it does not want to pursue participation in the second major European project for battery cell production (EuBatIn), the car manufacturer said. That is why the company withdrew the application for state funding for an IPCEI (transnational project of common European interest) for the battery factory in Grünheide.

"Tesla is still sticking to its plans for the battery and recycling factory in the Gigafactory Berlin-Brandenburg," the group continued. In the battery cell factory, in which battery cells of a new generation are produced, at least 2000 jobs are to be created, in addition to the 12,000 jobs of the electric car factory in the first expansion stage.

Ministry of Economic Affairs: Funds now available for other projects According to the Federal Ministry of Economics, this shows “that Germany is an attractive investment location and that foreign investors are investing in Germany and Brandenburg”. And: "The government funds not used by Tesla are now available for other projects." The aid for the project in Grünheide was approved by the EU Commission.

The Brandenburg Ministry of Economic Affairs said that Tesla's decision to build a state-of-the-art battery cell factory in Brandenburg would lead to additional added value with jobs and structural developments and would be a gain for the state.

The investment in the factory and development is estimated at around five billion euros. The Tagesspiegel published in early September that the US electric car manufacturer's battery factory was to be funded by the state with EUR 1.135 billion .