Erdogan asks Musk to build Tesla factory in Turkey

[dani191]

Erdogan asks Musk to build Tesla factory in Turkey​

By Chandni Shah and Daren Butler
September 18, 20237:37 AM GMT+3Updated 3 hours ago

Elon Musk gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights

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ISTANBUL, Sept 17 (Reuters) - Turkish President Tayyip Erdogan asked Tesla (TSLA.O) CEO Elon Musk to build a Tesla factory in Turkey, the country's communications directorate said on Monday.
It cited Musk as saying that many Turkish suppliers are already working with Tesla and that Turkey was among the most important candidates for its next factory.
Tesla did not immediately respond to requests for comment.
Erdogan and Musk were speaking during a meeting at Turkish House, a skyscraper near the United Nations in New York, Turkey's state-owned Anadolu news agency reported.
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Erdogan is in the U.S. to attend the 78th session of the U.N. General Assembly.
Erdogan also said during the meeting that Turkey was open to cooperation on artificial intelligence and Starlink, the satellite internet venture of Musk's SpaceX, the communications directorate said.
It cited Musk as saying SpaceX wished to work with Turkish authorities to obtain the necessary licence to offer Starlink satellite services in Turkey.
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It also said Erdogan invited Musk to attend Turkish aerospace and technology festival Teknofest in Izmir at the end of September and cited Musk as saying he would gladly attend.
Musk is also set to meet Israeli Prime Minister Benjamin Netanyahu in California on Monday. Musk posted on social media platform X that their talks would focus on artificial intelligence technology.
Tesla in August expressed an interest in building a factory in India that would produce a low-cost electric vehicle.
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Tesla currently has six factories and is building a seventh in Mexico in northern Nuevo Leon state, part of the automaker's push to expand its global footprint.
Musk said in May that Tesla would probably pick a location for a new factory by the end of this year.
Tesla shares are up 123% so far this year and the automaker on Saturday said it had produced its 5 millionth car.
In addition to running Tesla, Musk also bought X, formerly known as Twitter, for $44 billion in 2022.

While describing himself as a free speech absolutist, Musk has complied with some demands by the Turkish government to censor content in the country. In other cases, the social media company has objected to orders by the Turkish courts.
Reporting by Chandni Shah in Bengaluru and Daren Butler in Istanbul; Additional reporting by Michael Derby in New York; Editing by Lisa Shumaker and Jamie Freed

Erdogan asks Musk to build Tesla factory in Turkey

Turkish President Tayyip Erdogan asked Tesla CEO Elon Musk to build a Tesla factory in Turkey, the country's communications directorate said on Monday.

www.reuters.com

 

[Trango Towers]

Well well well we live in interesting times

 

[dani191]

not good idea for musk

 

[Yawm al-qiyāma]

not good idea for musk

why?

 

[dani191]

why?

the lira is unstable

 

[Yawm al-qiyāma]

the lira is unstable

that will be more profitable for Tesla

 

[dani191]

that will be more profitable for Tesla

they need stable lira

 

[HAIDER]

they need stable lira

they can setup payment in dollars.

 

[dani191]

they can setup payment in dollars.

maybe but turkeis can afford teslas price? they also have one in germany to sell europe who they will sell exept turkey if they put there the factory?

 

[HAIDER]

maybe but turkeis can afford teslas price? they also have one in germany to sell europe who they will sell exept turkey if they put there the factory?

Well, yes Germany targets EU market already. Maybe Turkey wants to target central Asian republics.

 

[Trisolaran]

maybe but turkeis can afford teslas price? they also have one in germany to sell europe who they will sell exept turkey if they put there the factory?

Turkey is a country with income inequality, millions of people are poor but at the same time millions of people are very rich.

 

[pikkuboss]

Well, yes Germany targets EU market already. Maybe Turkey wants to target central Asian republics.

Saudi Arabia, India & Indonesia are also there to serve Middle East, Central Aisa, South Asia and South East Asia. Tough chance for Turkey. Saudi Arabia can give huge subsidy to snatch the place from Turkey.

 

[HAIDER]

Saudi Arabia, India & Indonesia are also there to serve Middle East, Central Aisa, South Asia and South East Asia. Tough chance for Turkey. Saudi Arabia can give huge subsidy to snatch the place from Turkey.

Saudi already bet on Lucid Motors.

 

[Trench Broom]

Erdogan BEGGING on his KNEES.

PLEASE save our economy LOLOLOLOL

 

[Taskforce]

All car manufacturers are leaving Turkey. I doubt Tesla would go in but Musk is a crazy guy. He goes in when others go out. No Turk will be able to afford a Tesla though. Traffic is just not suitable and no infrastructure. Too expensive too.