The
company's total investment in the factory could surpass 4.5
billion euros ($4.83 billion), the newspaper said.
A spokesman for Valencia's regional government told Reuters it
had held meetings and conversations with an unidentified company
about a "large automobile investment", but declined to give more
details, citing the confidentiality of the negotiations.
Tesla did not immediately respond to a request for comment,
while Spain's central government declined to comment.
German car maker Volkswagen has already said it plans to invest
as much as 3 billion euros in a battery factory in the town of
Sagunto in the Valencia area.
Spain is Europe's second-largest car producer, and is using
European Union COVID pandemic recovery funds to attract
carmakers to invest in the manufacture of both batteries and
electric vehicles. The EU plans to phase out thermal cars.
($1 = 0.9320 euros)
(Reporting by Inti Landauro, Belen Carreno and Joan Faus,
Editing by Aislinn Laing, Jan Harvey and Sharon Singleton)
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