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Tesla driving into Daimler, VW, BMW's backyard as firm buys land in Germany

Officials in the state of Brandenburg said they agreed the text of a contract with Tesla Inc. to sell a 300-hectare (741-acre) plot of land - about 300 football fields - in Gruenheide near Berlin

Elon Musk
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Elon Musk

Stefan Nicola | Bloomberg Berlin
Elon Musk has moved a step closer to building his first car factory on the home turf of Volkswagen AG, Daimler AG and BMW AG as his company hammered out a contract to buy land in Germany.
 
Officials in the state of Brandenburg said they agreed the text of a contract with Tesla Inc. to sell a 300-hectare (741-acre) plot of land — about 300 football fields — in Gruenheide near Berlin. Tesla also filed five binders of documents with a local environmental authority to get the project approved, the state’s government said in a statement on its website