Tesla is buying a German engineering company to automate factories

Matthew DeBord for Business Insider:  On Tuesday, Tesla announced that it will acquire Grohmann Engineering, a German automated manufacturing company.

The terms of the deal, which is subject to German regulatory approval, weren't disclosed.

In a statement, Tesla described Grohmann as a "world-renowned engineering company in Prüm, Germany, which will become Tesla Grohmann Automation."  Cont'd...

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