Tesla only pays 40 million euros for factory land

Auto plant at a low price: Only 40.91 million euros are in the sales contract with the state of Brandenburg, which the finance committee is expected to approve behind closed doors on Thursday.

That’s 13.52 euros per square meter. In the adjacent business park Freienbrink, the standard land value is 40 euros – three times as much!

But the commercial area has roads, water, light and electricity – the Tesla area is only forest. For this reason, the state forestry company is assuming that the “raw land for commercial use in the surrounding area of Berlin” is cheap.

The Americans negotiated tough: Tesla can withdraw from the purchase contract until the end of 2021, “if there are serious reasons that stand in the way of realizing the investment project.”

Leave a Reply

Your email address will not be published. Required fields are marked *