Tesla To Buy German Battery Assembly Maker: Report

Tesla has agreed to buy ATW Automation company, a subsidiary of the Canadian ATS Automation Tooling Systems Inc.

By Charanpreet Singh

| Updated: 12 minutes ago

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Highlights

Tesla to acquire ATW Automation battery assembly maker soon
Tesla's future lineup includes light duty Cybertruck & Semi Truck
Tesla plans to ramp up battery production in the coming years