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Tesla to buy German equipment maker
Published Wed, Nov 9, 2016 · 09:50 PM
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Frankfurt
TESLA Motors Inc has agreed to buy German manufacturing-technology specialist Grohmann Engineering to add on production expertise ahead of the move by the American maker of electric car to roll out its first mass-market model.
Grohmann Engineering will be renamed Tesla Grohmann Automation after the acquisition, which will enable the Fremont-based Tesla to step up its production rate - an…
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