Elon Musk reportedly requested a meeting with South Korean President Yoon Suk Yeol in Washington, D.C., to discuss the possibility of building a Tesla Gigafactory in South Korea. President Yoon emphasized that South Korea boasts world-class manufactured robots and an advanced labour force, making it a perfect location to run a Gigafactory. he said "Should Tesla decide to invest, we will provide active support in terms of location, workforce and taxes."
This weeks meeting offered specific direct support in contrast to an earlier November meeting, where Yoon had a similar message – that Korea has a world-class automotive industry and that Korea would work to improve regulations to allow for more accessible foreign investment into the country.
Korea was already on Tesla's shortlist for potential new Gigafactory locations, Musk reportedly responded by stating that he expects to visit South Korea and that the country remains a leading candidate for a Gigafactory. Tesla has announced that it will build a Gigafactory in Mexico. However, Tesla remains interested in other locations as electric car sales are set to see significant worldwide growth in the coming years.
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