Elon Musk called South Korea one of the best candidates for investing in electric cars

Seoul, November 24: On November 23, South Korean President Yoon Seok-yeol held a video call with Tesla and SpaceX CEO Elon Musk and asked for investment. Musk said he views Korea as one of the top candidates for investment, according to a press release from the president’s office. According to South Korea’s presidential office, President Yoon had a video call with Musk on the 23rd.

President Yoon was originally scheduled to meet with Musk last week after attending the G20 and B20 summits in Bali, Indonesia, but a video call was held instead as Musk’s visit was canceled.

In a video meeting, Musk explained his plan to build a Gigafactory to produce electric vehicles (EVs) in Asia. Yoon also explained Korea’s world-class auto industry ecosystem and investment conditions, asking for investment. Elon Musk can put you in virtual jail for violating Twitter’s policies.

Yun praised the innovative achievements of Tesla, which leads the electric car market, and SpaceX, which succeeded in reengineering the world’s first orbital rocket.

Referring to the domestically developed Nuri rocket that was launched in June this year, Yoon also invited cooperation between SpaceX and Korean space companies. He also said he would reform unreasonable regulations that hinder investment to meet global standards.

In response, Musk said that he considers Korea as one of the main candidates for investment. He said he would make a decision after reviewing investment conditions in other countries, including the quality of the workforce, the level of technology and production infrastructure, according to the presidential office. Elon Musk is launching a Twitter poll on whether to reinstate Donald Trump’s account after implementing a new hate tweet policy.

He also expressed a willingness to invest in Korea’s electric vehicle charging infrastructure, saying, “Tesla uses a lot of Korean parts for autonomous driving and artificial intelligence.”

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