Yonhap News Agency, Seoul, November 23. South Korean President Yoon Seok-yue met with Elon Musk, CEO of Tesla (TESLA) and Space Exploration Technology (SpaceX) on the 23rd, and called on Tesla to respond South Korea invests.
According to the President’s Office, Yin Xiyue met with Musk at 10:00 a.m. that day. Yin Xiyue originally planned to meet Musk in Bali, Indonesia last week by attending the G20 Business Summit (B20), but Musk's visit to India fell through, so the two sides changed to meet online.
Yin Xiyue listened to Tesla's plan to establish a super electric vehicle production plant "Gigafactory" in Asia, and introduced to Musk the world-class automotive industry development environment and investment conditions in South Korea, calling on Tesla to invest in South Korea. Yin Xiyue also mentioned that South Korea successfully launched the self-developed launch vehicle "World" in June this year, and expressed the hope that Space Exploration Technology Co., Ltd. can cooperate with Korean aerospace companies.
Musk said that he regards South Korea as one of the preferred investment destinations, and will comprehensively consider investment conditions such as human resources, technical level, and production environment of candidate countries in the Asian region and make relevant decisions. He said that Tesla's autopilot and artificial intelligence related departments use many high-quality Korean components, and have shown positive intentions to invest in South Korea's electric vehicle charging equipment field. He also said that Tesla will strengthen its supply chain cooperation with Korean companies, and it is estimated that Tesla's procurement of Korean components may exceed US$10 billion next year. (Finish)
[Copyright belongs to Yonhap News Agency, unauthorized reproduction is strictly prohibited]
The news is published by EMEA Tribune & Yonhap News Agency