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Stock impact report

Tesla case shows grids need attention, says Germany's Westenergie [Reuters]

RWE AG ORD S/ADR (RWEOY) 
Company Research Source: Reuters
with grid operators to step up responses to incidents such as the arson attack near Tesla's (TSLA.O) , opens new tab gigafactory near Berlin, said the head of Germany's Westenergie (EONGn.DE) , opens new tab , parent to a weighty grid firm. Security measures needed reviewing and a better legal framework created, Chief Executive Katherina Reiche told reporters in Duesseldorf. "Critical infrastructure is vulnerable," said Reiche, whose subsidiary Westnetz dealt with restoring tens of thousands of households in western Germany with power after flooding in 2021. But a rethink was necessary over what to do against deliberate and targeted actions by humans. A general view shows the Tesla Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. REUTERS/Annegret Hilse/File Photo Purchase Licensing Rights , opens new tab In the Tesla case, far-left activities from the Vulkangruppe claimed responsibility for the attack that caused a week-long outage at its Gruenheide factory i Show less Read more
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