Retrieved 3 July 2020.Maurizio Pesce / Flickr reader comments 131 with Archived from the original on 7 June 2021. "Tesla breaks down its $135 million acquisition of Grohmann Engineering in new filing". Archived from the original on 14 December 2019. ^ "Übernahme von Grohmann durch Tesla abgeschlossen".Archived from the original on 24 November 2021. "Zulieferer in der Eifel: Warum Grohmann für die Autohersteller so wichtig ist". Archived from the original on 15 December 2017. ^ "Tesla buys Germany's Grohmann Engineering to help ramp up electric car production".Archived from the original on 10 February 2019. "Tesla buys German engineer for European expansion". ^ a b c McGee, Patrick Campbell, Peter (8 November 2017).^ Tesla Grohmann Automation Apprenticeship Archived 12 April 2019 at the Wayback Machine, March 2018.^ Dual-track University-level studies at Tesla Grohmann Automation Archived 12 April 2019 at the Wayback Machine, March 2018.^ a b "Exclusive: Tesla's Klaus Grohmann ousted after clash with CEO Musk - sources".^ "Bloomberg - Tesla Grohmann Engineering".Archived from the original on 12 June 2019. Musk demanded the company halt production for competitors, such as BMW and Daimler AG, to focus on the Model 3. In April 2017, founder Klaus Grohmann left the company due to a dispute with Tesla CEO Elon Musk. According to a May 2017 SEC filing, Tesla paid $109.5 million in cash for the company, and in addition paid $25.8 million for a new incentive compensation agreement. The deal was completed on 3 January 2017, at which point the company employed 800 people. At the time, the company had 700 employees, with annual revenues of about €120 million. At the time, 74.9% of the company was owned by Klaus Grohmann and 25.1% was owned by the Deutsche Beteiligungs AG. In November 2016, the privately held company agreed to be acquired by the American automotive company Tesla Motors. It moved its headquarters to Prüm in 1983. Grohmann Engineering was founded by Klaus Grohmann in 1963. In addition, it provides training in the field of Technical Product Design, Industrial Mechanics, CNC Operation, Construction Technology, IT, Mechatronics and Industrial Electronic Technology. The firm works closely with universities within dual track studies of Mechanical Engineering and Robotic Process Automation. Among other things, the company manufactures robotics that are used in the battery and electronics production for Tesla, Inc. The product portfolio includes machinery for the production of microprocessors and memory chips, airbag sensors and power steering controllers, as well as systems for the production of car door and roof seals, lithium-ion battery cells and modules. Klaus Grohmann was ousted after clashing with Tesla CEO Elon Musk. The company was founded in 1983 by Klaus Grohmann and acquired by Tesla, Inc., in January 2017. The company operates a development center in Neutraubling, Bavaria, as well as support offices in Chandler, Arizona, and Shanghai, China. Tesla Automation GmbH (formerly Grohmann Engineering GmbH) is a German engineering automation company based in Prüm in the state of Rhineland-Palatinate.
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