Musk: "Korea is One of the Top Candidates for Gigafactory Investment"

During his state visit to the United States, President Yoon Suk-yeol met with Elon Musk, CEO of Tesla, on the 26th (local time). President Yoon requested investment in South Korea, and Musk also evaluated South Korea as the most efficient investment destination.


Choi Sang-mok, Senior Secretary for Economic Affairs at the Presidential Office, explained to reporters at the press center set up in Washington DC that day, "The meeting was held promptly as Chairman Musk requested a meeting to coincide with President Yoon's visit."

President Yoon Suk-yeol, on a state visit to the United States, is meeting with Elon Musk, CEO of Tesla, at Blair House, the official guest house near the White House in Washington DC, on the 26th (local time). <br>[Photo by Yonhap News]

President Yoon Suk-yeol, on a state visit to the United States, is meeting with Elon Musk, CEO of Tesla, at Blair House, the official guest house near the White House in Washington DC, on the 26th (local time).
[Photo by Yonhap News]

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During the meeting, President Yoon said, "South Korea possesses top-level manufacturing robots and highly skilled personnel," and requested investment by stating, "It is a country where Tesla can achieve the highest efficiency in operating its Gigafactory." He also conveyed the position that "if Tesla decides to invest, we will actively support location, manpower, and tax matters." President Yoon personally handed over a specially produced brochure related to attracting the Gigafactory.



CEO Musk responded, "South Korea is a very interesting investment site for the Gigafactory and remains one of the top candidate countries," adding, "There will be an opportunity to visit South Korea." The space company SpaceX was also mentioned. President Yoon said, "We hope that cooperation with SpaceX will expand further to foster South Korea's space industry," and "We look forward to Korean companies joining the new path of innovation and challenge."


This content was produced with the assistance of AI translation services.

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