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Tesla’s Musk names Korea among top candidate sites for Gigafactory

Korea Economic Daily LogoKorea Economic Daily2 mo ago

Tesla’s Musk names Korea among top candidate sites for Gigafactory - Korea Economic Daily

Quick Summary:

Yoon, aware of Tesla’s plan to build a Gigafactory in Asia, asked Musk to build it in Korea and the US billionaire responded that he is considering the country as one of the top candidate locations and would make the final decision after reviewing investment conditions in other Asian countries, including labor quality, technology level and production infrastructure, according to the statement.

Musk, also the chief executive of SpaceX, the rocket and spacecraft manufacturer he founded, made the remark during a video call with Korean President Yoon Suk-yeol, Korea’s presidential office said in a statement.

Tesla is already a big buyer of Korean-made auto parts for its autonomous driving and artificial intelligence products and plans to expand its supply chain with Korean companies, Musk was quoted as saying by the presidential office.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-23 @ 16:48:49 (2 months ago)

News Timezone: GMT +8:00

Ranking: #1151 (out of 3002 stories this day)

News Source URL: kedglobal.com

Language: English

Article Length: 377 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 1985728

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About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 6 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 1 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

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It's most recent story was published 1 hours ago.

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