Tesla CEO Elon Musk
There are certainly good reasons for picking Germany, and Berlin in particular, as a site for a battery plant and a research-and-development center for Tesla Inc.
“Brexit made it too risky to put a Gigafactory in the U.K.”
Musk didn’t elaborate. A reporter for the BBC, Faisal Islam, tweeted that one issue Brexit raises for Tesla in particular is whether parts produced in the U.K. would qualify as E.U. content.
The U.K. seems likely to pursue a path of Brexit, as election polls show the Conservatives with a sizeable lead over Labour. U.K. Prime Minister Boris Johnson has reached an exit agreement with the European Union that has yet to be ratified by the U.K. Parliament.