Elon Musk has revealed he’s “strongly” considering building his next gigafactory in England.
Mr Musk said Tesla – his electric car company – would look at England as an option.
The billionaire was talking via a video-link to the Wall Street Journal CEO Council in London:
He said: “I will strongly consider England for a future location of a gigafactory.
“We are not currently looking at new locations but we will probably “We would be delighted to show Elon and Tesla all the many benefits of establishing a gigafactory in this country.
“Importantly, this shows that with our skills base, infrastructure, and excellent supply chain, the UK remains an attractive destination for advanced industries to locate and grow their businesses.”
A Treasury source said ministers would be “happy to engage with any potential investor to bring industry back to Britain”.
Tesla currently makes vehicles at four main factories in Fremont in California, Austin in Texas, Berlin and Shanghai.
The company is also building a factory in Mexico.
A Tesla factory would bring huge rewards to England’s regions.
