Tesla Plant Near Berlin Could Regain Power Monday Following Production Pause
By David Sachs
Tesla's factory outside of Berlin could regain electricity Monday after a suspected arson attack cut power last week.
Local utility company E.Dis, a subsidiary of E.ON, said late Sunday that the grid powering the American carmaker's plant in Gruenheide, Germany, could be fixed by Monday evening.
Tesla halted production last Tuesday after a fire at a nearby high-voltage pylon cut power to its plant, which produces the Model Y.
Police last week said that an activist group known as Vulkangruppe, or Volcano Group, claimed responsibility. Since 2019, the plant has faced opposition from activists citing the site's proximity to protected water zones and conservation areas.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
March 11, 2024 05:17 ET (09:17 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
When Will the Fed Start Cutting Interest Rates?
-
What’s the Difference Between the CPI and PCE Indexes?
-
Powell Unfazed By Sticky Inflation, but Rate Cuts Are Far Off
-
After Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?
-
Best- and Worst-Performing Stocks of April 2024
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Small-Cap and Value Stocks Are Undervalued
-
4 Utility Stocks to Play the AI Data Center Boom
-
Albemarle Earnings: We Expect Improved Results In the Rest of Year Following Cyclically Low Profits
-
Novo Nordisk Earnings: Raised Fair Value Estimate Still a Contrast to Market Overenthusiasm
-
After Earnings, Is Verizon Stock a Buy, a Sell, or Fairly Valued?
-
Look Inside Berkshire Hathaway’s Portfolio Before Its Annual Meeting
-
How to Invest Like Warren Buffett
-
Cognizant Earnings: Improved Profitability Buttresses Results as Customer Spending Remains Muted
-
10 Top-Performing Dividend Stocks of the Month