I’m sure Tesla will enjoy all the German labor laws.
Sovereignty or a Tesla plant?
Tough call,... NOT!
Shrewd move by Elon. EVs are dependent on gov’t mandates, regulations and price distortions. Elon wants to make sure that he is inside the EU (at the heart of the beast in Germany) so he can maximize regulatory capture.
On global warming BS there certainly is “political uncertainty” in the UK. If the people of Britain will defy the globalists and vote for Brexit, they might defy the globalist on the carbon panic as well.
Evidently Europe is now where old subsidy dependent envirofraud companies go to die.
Musk said: “Brexit [uncertainty] made it too risky to put a Gigafactory in the UK...
When Brexit goes through... and the US and UK have a trade deal... and Trump tariffs EU autos... will Musk be happy then?
It'll be David vs Goliath vs Goliath vs Goliath...with David armed only with spitballs.
Let Germany subsidize their fake cars. Not the US.
Germany just imported all that cheap labor.
My view is that all trade agreements should be financially balanced nationally with respect to the motor vehicle business following the decades old US/Canadian model of my youth.
Britain already makes enough crappy cars.
Keyword abuse is being reported.
The electric car maker on Wednesday posted a surprise profit of $342 million.
I’m sure Germany is going to love it when Elon walks with a bunch of their money.