Tag: Tesla

South Korea is a much better location than China to be building a Gigafactory. The Chinese government is already meddling in Tesla operations in Shanghai. Tesla would likely be free of such meddling with a South Korea based plant:

President Yoon Suk Yeol met with Tesla CEO Elon Musk on Wednesday and asked for his investment in a gigafactory in South Korea, a presidential official said.

The meeting took place at Musk’s request during Yoon’s state visit to the United States, according to senior presidential secretary for economic affairs Choi Sang-mok.

Yoon said South Korea boasts world-class manufactured robots and an advanced labor force, making it an ideal location to run a gigafactory.

“Should Tesla decide to invest, we will provide active support in terms of location, workforce and taxes,” he was quoted as saying.

Musk responded that he expects to pay a visit to South Korea, saying the country remains an interesting and leading candidate to host a gigafactory, according to Choi.

Yoon also voiced hope for greater cooperation between South Korean businesses and SpaceX, a U.S. spacecraft company headed by Musk, to help foster South Korea’s space industry.

Yonhap

You can read more at the link.

A Red Car for the Red Planet https://t.co/PakS3rvp5C pic.twitter.com/440bvUHJeO

— SpaceX (@SpaceX) December 22, 2017

Visitors look through cars displayed at Tesla’s first showroom in Korea that opened on March 15, 2017, at Starfield Hanam shopping mall just east of Seoul. Only the Model S 90D is currently available locally with delivery expected to begin in June. (Yonhap)