Elon Musk ‘interested’ in UK Tesla factory after snubbing Russia: ‘Fantastic opportunity!’

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Tesla is currently in the process of starting production at two new massive factories, Gigafactory Berlin and Gigafactory Texas. They come are expected to more than double Tesla’s production capacity and will be the first electric vehicle factories they have built from scratch. It comes after the company learnt from mistakes with its first factory, Gigafactory Shanghai.

In Russia, local media have reported that Mr Musk has decided to build Tesla’s next factory in Korolev, but he denied the claims on Twitter.

He wrote: “Tesla has not yet decided on a fourth Gigafactory location.”

By saying that Tesla “has not yet decided” the location, the CEO hints that they are currently in the process of making a decision.

And Mr Kwarteng has said that the UK is in the mix.

In what would be a major coup for Britain, Mr Kwarteng told Express.co.uk: “Elon Musk is interested [in the UK] and the reason why is it is a fantastic place to invest in that technology.

“He wants to invest in gigafactories to be a part of that green revolution.

“I would welcome him to return to the UK.

I think, frankly, since we formally left the EU, we have seen that this country is more than capable than standing on its own two feet and being a world-leader.

“It’s a fantastic opportunity and it’s very exciting.”

Mr Musk is said to have chosen Germany for the company’s third major assembly plant because he wanted to tap the expertise in engineering and manufacturing that has allowed Mercedes-Benz, Audi and BMW to dominate the global market for luxury passenger cars.

It came after he previously snubbed Britain.

Mr Musk told trade magazine Auto Express in 2019 that uncertainty over the UK’s decision to withdraw from the EU “made it too risky” to establish its European battery facility in the country.

But now, since Brexit, Mr Kwarteng said the UK is becoming increasingly appealing to companies like Tesla.

He added: “The green industrial revolution is a massive opportunity for the UK.

“We are very much ahead of the curve internationally – we are making green jobs and a lot of them are high skilled.

“Ultimately we can export a lot of those products.

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“It’s a huge opportunity, going green isn’t just about saving the planet, it’s a huge economic opportunity economically.”

Mr Musk was previously reported to be interested in a “smart campus” site in Somerset, called Gravity.

According to The Telegraph, Tesla submitted a document to the relevant authorities in order to become an energy supplier in the UK in May last year.

Just a month later, the Government was said to have urgently sought a “four million square foot site” to accommodate a new Tesla gigafactory, with Gravity “trying to secure the enormous letting”.

Amid the reported search, Mr Musk’s private jet was said to have been spotted at London Luton Airport.

Speculation was revived in February after a letter addressed to Mr Musk was sent to the Gravity site.

According to Somerset Live, Gravity hopes to begin announcing the companies moving to the smart campus in the next few months.

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