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South Korean President Yoon meets with Tesla’s Elon Musk – Yonhap
2023.04.26 18:11
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© Reuters. FILE PHOTO: Tesla electric vehicles for test driving are parked in Hanam, South Korea, July 6, 2020. REUTERS/Kim Hong-Ji
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© Reuters. FILE PHOTO: Tesla electric vehicles for test driving are parked in Hanam, South Korea, July 6, 2020. REUTERS/Kim Hong-Ji
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SEOUL (Reuters) – South Korean President Yoon Suk Yeol met with Tesla (NASDAQ:) CEO Elon Musk on Wednesday in Washington to call for investment in his country, news agency Yonhap reported.
The two met as Yoon is in the U.S. for a six-day state visit.
Yoon touted South Korea as an ideal country for Tesla to build a gigafactory, citing the country’s cutting edge industrial robots and high-skilled workers, the report said.
He also offered to provide support including tax benefits to attract the EV maker’s manufacturing plant.
In November, Yoon held a video call with Musk and offered “tailored” incentives and vowed to minimise any risks posed by militant unions to encourage Tesla’s investment.
