Brexit Drove Tesla to Pick Berlin Over Britain for New Factory – Report

LONDON (Reuters) – Britain missed its chance to host the first European factory of U.S. electric vehicle pioneer Tesla (TSLA.O) because of Brexit, Chief Executive Elon Musk said in remarks reported on Wednesday.
The company had earlier said it chose a location near Berlin for a new design centre and plant to make batteries, powertrains and vehicles, offering a major boost to the German capital.
Berlin’s minister in charge of economic affairs, Ramona Pop, said the move could create 6,000 to 7,000 jobs in production alone, with hundreds or even thousands more in areas such as design, software or research.