Tesla's Acquisition Of Battery Pack Assembly Plant In 2017 Is Why Germans Can't Produce In Quanity

As you may remember, Tesla acquired German automotive manufacturing automation company Grohmann Engineering way back in late 2016 and into early 2017. Prior to Tesla's acquisition of the firm, it was affiliated with multiple German automakers. Perhaps Tesla was smart to plan ahead since it knew it would eventually open a manufacturing facility in the country?

At any rate, we assumed back then that this foresight by Tesla would eventually take a toll on German automakers, especially related to future EVs. Not only did Tesla acquire the company, but it also made sure Grohmann severed ties with its previous clients to focus on Tesla.

carloslassiter - 1/28/2020 3:06:17 PM

0 Boost

As Trump said, genius.

runninglogan1 - 1/28/2020 4:59:03 PM

+3 Boost

Literally years ahead of the competition.

ricks0me - 1/28/2020 5:50:46 PM

-2 Boost

Tesla invented:
1) Strategy
2) mfg. EV's in tents
3) smoking weed on TV
4) The Super Bowl

CANADIANCOMMENTS - 1/28/2020 6:11:17 PM

+1 Boost

Masterstroke. This will hurt the German MFG's for years to come.

MDarringer - 1/28/2020 6:54:21 PM

-3 Boost

Or a criminal business practice in the hands of the right attorney.

CANADIANCOMMENTS - 1/28/2020 7:03:59 PM

+4 Boost

No different in the ad space if agency picks up a big client but they insist on them not dealing with competitors if they want the whole account.

Foncool - 1/29/2020 8:00:12 AM

+2 Boost

Don’t underestimate the lengths the Germans will go to protect and preserve their automotive industry!

Foncool - 1/29/2020 8:01:27 AM

+1 Boost

Hint how far did the Japanese go to protect Nissan?