Tesla stock

Tesla announced on October 15, 2026, that it is moving forward with expansion plans to elevate the manufacturing capacity of Gigafactory Berlin--Brandenburg to 1 million vehicles per year, up from its operational run--rate of approximately 375,000 units. According to disclosures confirmed by German regional broadcaster rbb, Tesla plans to erect a second production hall covering roughly 536,000 square meters (5.76 million square feet) north of the existing Grünheide site. The expansion will more than double the facility's existing building footprint. Tesla is scheduled to file formal permit applications in December 2026, with construction projected to commence in 2027 as part of a phased long--term buildout.