{"id":37392,"date":"2024-03-30T16:07:33","date_gmt":"2024-03-30T20:07:33","guid":{"rendered":"https:\/\/usa.businessupturn.com\/?p=37392"},"modified":"2024-03-30T16:07:33","modified_gmt":"2024-03-30T20:07:33","slug":"tesla-shares-drop-4-5-following-suspected-arson-attack-at-berlin-gigafactory","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/tesla-shares-drop-4-5-following-suspected-arson-attack-at-berlin-gigafactory\/37392\/","title":{"rendered":"Tesla Shares Drop 4.5% Following Suspected Arson Attack at Berlin Gigafactory"},"content":{"rendered":"<p>Tesla shares fell 4.5% on Tuesday after production at Tesla\u2019s Gigafactory near Berlin was disrupted by a suspicious fire in a nearby garage.<\/p>\n<p>According to Reuters, electricity supply at the power plant should continue. It will take several days and production is not expected to restart this week. The manager of Tesla\u2019s Berlin company announced the situation, but CNBC has not yet heard from Tesla.<\/p>\n<p>The incident comes after Tesla shares fell 7.1% on Monday as investors assessed the impact of price cuts and slowing sales in China.<\/p>\n<p>In a statement published on social media platform X, Tesla said explained: Fire against the public grid specifically targeting the company. Tesla confirmed that there was no loss of life and said it would immediately resume operations at the factory.<\/p>\n<p>Brandenburg police said the incident was an emergency and the mission is currently under investigation.<\/p>\n<p>The Volcano Group, known as Vulkangruppe, claimed responsibility for the attack in a statement to Kontrapolis, another news source. This article supported Tesla\u2019s environmental claims when announcing, \u201cToday we are destroying Tesla.\u201d However, CNBC could not verify the authenticity of the letter.<\/p>\n<p>Tesla CEO Elon Musk responded to the \u201cPuppet of those in power\u201d incident. Wrong environmental targets. \u201d<\/p>\n<p>The Tesla factory in the Gr\u00c3\u00bcnheide district in south-east Berlin is facing opposition to plans to expand battery capacity and increase car production to 1 million vehicles a year. Last month residents rejected plans to clear nearby trees to expand the factory.<br \/>\n&lt; br&gt;Environmental activists recently took to living in the woods near the Greenhead plant to protest the plant\u2019s expansion. According to a spokesperson for the group\u2019s \u201cStop Tesla\u201d campaign, work began last Wednesday with the construction of wooden houses and is expected to last a week.<\/p>\n<p>More importantly, in 2021, left-wing activists claimed responsibility for a fire that broke out during the construction of the Tesla Greenheide factory. Volkan Group also claimed responsibility for the attack.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Production Halted After Fire at Nearby Electricity Substation<\/p>\n","protected":false},"author":331,"featured_media":36918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[4745,153],"class_list":["post-37392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech","tag-tech","tag-tesla"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/37392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/331"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=37392"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/37392\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/36918"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=37392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=37392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=37392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}