Tesla (TSLA) to Raise Production at Berlin Plant by 20%, Reuters Reports
Tesla, Inc. (NASDAQ:TSLA) is one of the safe stocks for beginners to buy in 2026. Reuters reported on June 25 that Tesla, Inc. (NASDAQ:TSLA) announced on Thursday plans to raise production at its Berlin plant by 20% to 7,500 vehicles per week from October this year. The company stated that the planned increase in production means it will recruit a further 1,000 employees. It previously announced a capacity increase at the plant company in April to meet higher demand for the Model Y, and said in May that it would increase investment in battery cell production at the plant.
Reuters reported on June 3 that Tesla, Inc. (NASDAQ:TSLA) is rolling out its unsupervised robotaxis in the Austin Metro area in Texas in an attempt to speed up its autonomous ride-hailing operation. It stated that a wider adoption of the company’s full self-driving software and an expansion of the robotaxi service are key to Tesla’s (NASDAQ:TSLA) growth strategy since its pivoted focus from EVs to AI and robotics. Tesla’s official robotaxi account stated in a post on X that: “Unsupervised Robotaxi now in the entire Austin Metro area”.
Tesla, Inc. (NASDAQ:TSLA) designs, manufactures, and sells high-performance electric vehicles and energy generation and storage systems. It operates through two segments: energy generation and storage, and automotive. However, the company isn’t merely an automotive manufacturer; investors regard it as a technology company due to its other projects, most of which feature AI.
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