Billionaire Elon Musk said he would “strongly consider” building his next Tesla gigafactory in the North East after being put on the spot by a regional property entrepreneur.
Tesla founder Mr Musk – the second richest man on the planet with a $180bn fortune – took part in a Wall Street Journal CEO Council event in London this week to reveal his thoughts on AI, Twitter and SpaceX. When questions were taken from the floor, Ian Baggett, founder of Newcastle based Adderstone Group, pointed out the North East’s prowess in the manufacture and export of vehicles and asked: “Would you let me build you a Tesla factory in the North East of England?”
Mr Musk replied that his car company was not looking for locations at this precise time, but that he would be looking later this year. 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 towards the end of this year.”
