Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • PM Modi in Manipur
  • Charlie Kirk killer
  • Sushila Karki
  • IND vs PAK
  • India-US ties
  • New human organ
  • Downton Abbey: The Grand Finale Movie Review
fp-logo
Arson at Tesla's German factory cost them $1 billion in damages, to lose more as production suspended
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • Tech
  • Arson at Tesla's German factory cost them $1 billion in damages, to lose more as production suspended

Arson at Tesla's German factory cost them $1 billion in damages, to lose more as production suspended

FP Staff • March 7, 2024, 11:10:00 IST
Whatsapp Facebook Twitter

The fire at Tesla’s German factory has already cost Elon Musk $1 billion in damages. This figure is only set to grow as the factory will remain shut for a number of days. Tesla makes at least a thousand cars every day at the factory

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
Arson at Tesla's German factory cost them $1 billion in damages, to lose more as production suspended
The fire at Tesla's German factory has already cost Elon Musk $1 billion in damages. This figure is only set to grow as the factory will remain shut for a number of days. Tesla makes at least a thousand cars every day at the factory

A team of environmental extremists identifying themselves as the Volcano Group caused a power outage at Tesla’s German factory on Tuesday by committing arson.

The fire caused some serious damage to portions of Tesla’s Gigafactory, to the tune of $1 billion. This is in addition to the loss that Elon Musk’s Tesla will have to put up with because of the factory shutting down and production being halted for a couple of days.

STORY CONTINUES BELOW THIS AD

Over 60,000 residents in Brandenburg and parts of Berlin were affected when a high-voltage power mast near Tesla’s Grunheide factory was set on fire, raising concerns about safeguarding critical infrastructure from vandalism and sabotage.

More from Tech
How ChatGPT is becoming everyone’s BFF and why that’s dangerous How ChatGPT is becoming everyone’s BFF and why that’s dangerous America ready for self-driving cars, but it has a legal problem America ready for self-driving cars, but it has a legal problem

The group, in a statement to the media, claimed responsibility for the act, referring to Tesla’s CEO Elon Musk as ‘misery’ Musk, and stating that the destruction of the Gigafactory and the removal of ’technofascists’ like Musk were steps toward liberation from the patriarchy.

The factory’s senior director, Andre Thierig, estimated Tesla’s economic losses from the production stoppage to be in the “high hundreds of millions” of euros, as approximately 1,000 vehicles per day cannot be manufactured. The Grünheide factory, Tesla’s first in Europe, produces the Model Y crossover for various European markets, including Germany.

Emergency power still relies on the local substation, which was disconnected from the grid due to the attack, causing backup systems to fail. With ventilation in Grünheide knocked out, all 12,500 employees were sent home, and repairs could take several days.

Impact Shorts

More Shorts
America ready for self-driving cars, but it has a legal problem

America ready for self-driving cars, but it has a legal problem

Alibaba, Baidu begin using own AI chips as China shifts away from US tech amid Nvidia row

Alibaba, Baidu begin using own AI chips as China shifts away from US tech amid Nvidia row

The Volcano Group, described by Musk as the “dumbest eco-terrorists on Earth,” remains elusive. Their sporadic attacks target remote locations, damaging vital infrastructure such as telecommunication networks, trains, and manufacturing plants.

The Federal Association for the Protection of Critical Infrastructures in Germany emphasizes the need for enhanced security measures, suggesting the use of drones for monitoring.

STORY CONTINUES BELOW THIS AD

This incident is not the first time the Volcano Group has targeted Tesla’s factory. In May 2021, during the plant’s construction phase, they disrupted the power supply. Brandenburg’s industries minister, Jörg Steinbach, expressed solidarity with Tesla and vowed to prevent further attacks.

The attack adds to Tesla’s challenges in Europe. Local opposition to the factory’s expansion and environmental concerns have been raised, and reports of water pollution have surfaced. Additionally, earlier this year, production was halted due to disruptions in the supply chain caused by attacks in the Red Sea.

Despite the setback, the halt in production may help reduce unsold inventory levels in Europe, potentially mitigating the need for further price incentives.

(With inputs from agencies)

Tags
Elon Musk Germany Tesla
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

America ready for self-driving cars, but it has a legal problem

America ready for self-driving cars, but it has a legal problem

US self-driving cars may soon ditch windshield wipers as the NHTSA plans to update regulations by 2026. State-level rules vary, complicating nationwide deployment. Liability and insurance models are also evolving with the technology.

More Impact Shorts

Top Stories

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV