Yoon promotes South Korea as a perfect nation for Tesla to construct a gigafactory, report states.
South Korean President Yoon Suk-yeol has actually met Tesla CEO Elon Musk in Washington, DC to require financial investment in his nation, news firm Yonhap reported, pointing out a governmental assistant.
The 2 fulfilled on Wednesday at Musk’s demand while Yoon remains in the United States for a six-day state check out, Yonhap stated.
Yoon promoted South Korea as a perfect nation for Tesla to construct a gigafactory, mentioning the nation’s innovative commercial robotics and high-skilled employees, the report stated.
He likewise provided to supply assistance consisting of tax advantages to draw in the electric-vehicle maker’s factory.
Musk informed Yoon that South Korea stays among the leading prospects for a Tesla Gigafactory and he anticipates to go to the Asian nation, according to Yonhap.
Tesla and Musk did not right away react to an ask for remark from the Reuters news company.
In November, Yoon informed Reuters that the nation would use “customized” rewards and reduce any dangers postured by hardline unions to motivate Tesla’s financial investment, days after he had a video call with Musk.
In March this year, Musk revealed Tesla will construct a brand-new factory in Mexico, which would be its very first plant beyond the United States, Germany and China. Canada and Indonesia have actually been likewise mentioned as prospective prospects for brand-new Tesla factories.