Arson Attack on Tesla Factory in Germany Causes Over $1 Billion in Losses
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Arsonists calling themselves the Volcano Group set fire to a power mast near Tesla's German factory, causing over $1 billion in damages from lost production.
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The attack cut power to the factory for days, forcing it to shut down and send over 12,500 employees home.
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The group said the attack was to "lop off technofascists like 'Elend' Musk" as a "step towards liberation from the patriarchy."
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This is the latest in a series of headaches for Tesla's German factory, including local opposition to expansion plans and allegations of water pollution.
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A halt in production may help Tesla reduce inventories of unsold vehicles in Europe without further discounting.