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Erdogan invites Elon Musk to build his next Tesla factory in Turkey

by Real Investing Skills
September 18, 2023
in Financial Services
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Elon Musk, CEO of Tesla and proprietor of X, arrives for the Inaugural AI Perception Discussion board in Russell Constructing on Capitol Hill, on Wednesday, September 13, 2023.

Tom Williams | Cq-roll Name, Inc. | Getty Photographs

Turkish President Recep Tayyip Erdogan invited Elon Musk to construct his subsequent Tesla manufacturing facility in Turkey, the nation’s state media reported Monday.

Erdogan on Sunday met with the Tesla and SpaceX CEO in New York whereas visiting the U.S. for the United Nations Common Meeting. The 2 met on the Turkish Home in Manhattan.

“Recalling that with the Turkish electrical automobile Togg hitting the roads in Türkiye, Tesla entered the Turkish market, Erdogan referred to as on Tesla to ascertain its seventh manufacturing facility in Türkiye,” Turkish state information company Anadolu reported, citing the nation’s communications directorate.

Erdogan additionally provided collaboration alternatives with Musk’s aerospace firm SpaceX and Turkey’s area program, and invited the billionaire inventor to Teknofest, Turkey’s largest aviation, aerospace, and expertise competition going down between late September and the top of October this yr.

Musk replied that various Turkish suppliers are already working with Tesla and that Turkey “is among the many most essential candidates” for his subsequent and seventh manufacturing facility, Anadolu wrote. CNBC has contacted the Turkish communications directorate for the complete assertion.



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