Brexit drove Tesla to pick Berlin over Britain for new factory: report

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Brexit drove Tesla to pick Berlin over Britain for new factory: report
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Britain missed its chance to host the first European factory of U.S. electric ve...

FILE PHOTO - The company logo is pictured on a Tesla Model X electric car in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch

The company had earlier said it chose a location near Berlin for a new design center and plant to make batteries, powertrains and vehicles, offering a major boost to the German capital. Britain’s vote to leave the European Union 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.

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