Tesla Berlin Gigafactory Faces Production Halt After Arson Attack

A left-wing extremist group's attack on a power station has caused significant disruptions, with Tesla estimating over one billion euros in losses.

A left-wing extremist group known as Vulkangruppe Tesla Abschalten claimed responsibility for an arson attack on a power station, causing Tesla's Berlin Gigafactory to lose power.
The attack has halted production at the Gigafactory, with Tesla estimating losses could exceed one billion euros due to the disruption.
The outage, affecting not only the Gigafactory but also over 60,000 residents in Brandenburg and parts of Berlin, is expected to last until March 17.
German authorities have launched a sabotage investigation against the activists, with the public prosecutor's office probing the incident from all directions.
Tesla's production halt and the subsequent stock market impact have raised concerns among investors and analysts about the company's financial outlook for 2024.