Uncertainty over Brexit has caused Tesla to choose Berlin over the Brexit as the location for its European production factory. Britain's vote to leave the EU has hurt foreign investment because the country's future trading relationship with the EU is still not clear, more than three years after the referendum. CEO Elon Musk said the company had picked a site near Berlin 's Brandenburg international airport to build its Model 3 and Model 3 Y crossover because Brexit made the venture "too risky". In a 2014 interview, Musk said he envisioned establishing an research centre and potentially a European factory in the UK . Berlin 's minister of economic affairs, Elon Musk , said the decision would create up to 7,000 jobs in production alone. The plant is expected to be operational by 2021 .
Uncertainty over Brexit has caused Tesla to choose Berlin over the Brexit as the location for its European production factory. CEO Elon Musk said the company had picked a site near Berlin 's Brandenburg international airport to build its Model 3 and Model 3 Y crossover because Brexit made the venture "too risky". In a 2014 interview, Musk said he envisioned establishing an research centre and potentially a European factory in the UK . Berlin 's minister of economic affairs, Elon Musk , said the decision would create up to 7,000 jobs in production alone. The plant is expected to be operational by 2021 .