Tesla acquires German automation companyNovember 8, 2016 - 18:23 AMT PanARMENIAN.Net - Tesla has agreed to acquire Grohmann Engineering, a German firm that specializes in automated manufacturing. Founder Klaus Grohmann will also be joining Tesla and will head a new division within the automaker called Tesla Advanced Automation Germany, The Verge said. Tesla plans to add an additional 1,000 engineering and technician jobs in Germany, on top of Grohmann’s existing 700 employees, over the next two years as the company looks to aggressively ramp up electrical vehicle production at its Fremont, California factory. Tesla has said it wants to increase production from around 80,000 cars in 2016 to 500,000 cars in 2018. Its more affordable Model 3 EV is expected to begin production late this year. This is the first “significant” acquisition in Tesla’s history, said Tesla CEO Elon Musk. “Because automation is such a vital part of the future of Tesla, the phrase I’ve used before is that it’s about building the machine that’s building the machine,” said Musk on a call with journalists this morning. “That actually becomes more important than the machine itself as the volume increases. We think it’s important to bring in world-class engineering talent and our first choice was Grohmann.” Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. “By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents. The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. |