South Korean Prez Yoon invites Tesla CEO Elon Musk to build gigafactory
President Yoon Suk-yeol has asked Tesla CEO Elon Musk to build an electric vehicle plant in South Korea during a virtual meeting with the billionaire entrepreneur on Wednesday. Musk said he is considering South Korea as one of the top investment candidate sites.
Yoon made the request after Musk explained Tesla’s plans to build a gigafactory in Asia to produce finished EVs, and the CEO responded positively, the office said in a press release.
“President Yoon explained South Korea’s world-class auto industry ecosystem and investment conditions, and requested that he invest in South Korea,” it said, reports Yonhap News Agency.
