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wjfox

Tesla Gigafactory Europe to be built in Germany, not UK, as Elon Musk blames Brexit uncertainty https://www.autoexpress.co.uk/tesla/108395/tesla-gigafactory-europe-to-be-built-in-germany-not-uk-as-elon-musk-blames-brexit
Nov 13 2019 11:01 AM
  • Zaphod's Photo
    Zaphod
    I would do the same thing. We have heard similar things from other companies, but I wonder how many other global businesses have made similar decisions without making it public. There is a large amount of invisible lost investment since the Brexit referendum.
    Nov 13 2019 03:02 PM
  • wjfox's Photo
    wjfox
    Indeed. Brexit has already cost the UK an estimated £66bn since the referendum. That's more than our cost of EU membership.
    Nov 13 2019 03:16 PM
  • wjfox's Photo
    wjfox
    That's equivalent to the US economy taking a hit of $488bn.
    Nov 13 2019 03:17 PM