Czech Tesla officially abandons plans for EUR 90 mln factory in Romania
The Czech company Tesla has officially announced to the government and local authorities that it is abandoning the project to build the energy storage factory in Brăila, an investment of EUR 90 million that was also to receive state aid,…
iulian ernst · Journalist
· Updated · 2 min read
The Czech company Tesla has officially announced to the government and local authorities that it is abandoning the project to build the energy storage factory in Brăila, an investment of EUR 90 million that was also to receive state aid, according to G4media.ro.
In an official document of Tesla Group, signed by CEO Dusan Lichardus and sent to the Ministry of Finance, the company shows that the hardship began in June 2024, when global competition in the energy sector intensified, "especially from heavily subsidised Chinese battery manufacturers," according to the publication Debraila.ro.
