Tesla snubs Britain for its European ‘giga-factory’ in favour of Germany claiming Brexit makes UK too risky
Elon Musk’s Tesla has chosen Germany for its European ‘giga-factory’ after branding the UK too risky because of Brexit.
The billionaire said the plant, which will churn out its flagship Model 3 cars, would be located in Berlin and be in operation by the end of 2021.
His decision is a blow to the UK’s plans to attract investment from electric car firms, amid concerns from the automotive industry about how the UK’s exit from the EU will affect complex supply chains.
Brexit concerns: Tesla boss Elon Musk has chosen to build the electric car firm’s first European factory in Germany
Yesterday, Musk, 48, said: ‘Some of the best cars in the world are made in Germany, everyone knows that German engineering is outstanding.’
In an interview with Auto Express magazine, he then added: ‘Brexit made it too risky to put a giga-factory in the UK.’
Tesla has plans for two similar huge factories in the US, with a third plant under construction in China.
The Berlin plant will mean Tesla can mass produce the Model 3 in Europe, costing £38,500.
* Despite the snub from Tesla, supercar maker McLaren said it needs tailors, dressmakers and boat builders at its new £50million McLaren Composites Technology Centre in Sheffield to help work with pioneering materials such as ultra-lightweight carbon fibre. It is aiming to almost triple the team of 70 staff to over 200.