Tesla Gigafactory coming to the UK? By Investing.com – Investing.com UK

Tesla Gigafactory coming to the UK? By Investing.com – Investing.com UK

By Samuel Indyk

Investing.com – A visit to the UK by Tesla CEO Elon Musk has sparked speculation that Tesla could start building its electric vehicles or producing batteries in the country. Musk reportedly arrived in the UK on his private jet on Friday before jetting off to Germany on Sunday.

The Telegraph reported that the government’s new Office for Investment has called on regional agencies to urgently submit potential locations for a new factory, which would be a welcome win for the government and auto industry in the post-Brexit world.