Tesla to build its 4th 'Gigafactory' in Berlin

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Here are the latest business headlines from Cheddar.

Tesla will build its fourth 'Gigafactory' in Berlin. The announcement comes three weeks after the automaker began production at its Shanghai plant in China. In a tweet, CEO Elon Musk said the plant will build batteries, powertrains and vehicles, starting with the ' Model Y.' Its Berlin location will also include a design and engineering center.

Apple CEO Tim Cook will give a personal tour of the company’s Texas factory to President Donald Trump. According to CNBC, neither side has officially confirmed the trip, but the tour will likely emphasize relationships between the tech giant and the Trump administration.

Facebook is now letting users send money across all its apps, including Messenger, Instagram and WhatsApp, through Facebook Pay. The service will authorize payments with security options like biometrics or a pin.

 

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