Moving People

News

/ News / Article

  • politico

Elon Musk: Brexit uncertainty made it ‘too risky’ to put Tesla plant in UK


Elon Musk chose Germany ahead of the U.K. for his first European Tesla factory because Brexit made it "too risky."

The billionaire announced Tuesday that he was opening a Tesla research and development base in Berlin, saying at an awards ceremony: "Everyone knows that German engineering is outstanding and that's part of the reason we are locating our gigafactory Europe in Germany."

After the announcement, Musk told Auto Express that “Brexit [uncertainty] made it too risky to put a gigafactory in the UK.”

In 2014, Musk told the same trade publication that he wanted to build a plant in the U.K. and in November 2016 said Brexit was not likely to have "a significant impact" on Tesla's plans.


0 views
construction-image1.jpg

Subscribe and keep up to date with all the latest news from Oakmark

Subtle Shapes Transparent
WEST AFRICA'S NO.1 ECONOMIC AGENTS

Oakmark Global Vision provides a bespoke business package to established corporate bodies, investors, and entrepreneurs who desire to enter the West & Pan African market. Find out more >

© 2021 Oakmark Global Vision Ltd - All Rights Reserved.

UK Company No. 07634879 / Nigeria Company No. RC 1288232

Regional Office

International Office

1 Kandi Close, Off Aminu Kano

Crescent, Wuse 2, Abuja F.C.T

Nigeria 

+234 -(0)- 929 207 02

+234 (0) 704 497 6500

info@oakmarkglobalvision.com

King Court, 17 School Road

Hall Green, Birmingham

United Kingdom  B28, 8JG

+44 (0) 121 244 1814

+44 (0) 746 625 2505

info@oakmarkglobalvision.com

 Oakmark Global Vision Limited