Erdogan asks Musk to build Tesla factory in Turkey

@anadoluagency / Twitter

Turkish President Recep Tayyip Erdogan met with Tesla CEO Elon Musk in New York City, asking him to establish the carmaker's seventh factory in his country.

That's according to a statement by Turkish state-owned news agency Anadolu Agency on social media platform X on Sunday.

Erdogan is in the US to attend the 78th session of the United Nations General Assembly.

Tesla and the Turkish embassy in Washington did not immediately respond to requests for comment.

Tesla in August expressed an interest in building a factory in India that would produce a low-cost electric vehicle (EV). Tesla currently has six factories and is building a seventh in Mexico in northern Nuevo Leon state, part of the electric carmaker's push to expand its global footprint.

Musk said in May that the automaker would probably pick a location for a new factory by the end of this year.

Tesla shares are up 123 per cent 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.

More from Business News

  • India reviewing allegations of antitrust breaches by IndiGo

    India's competition regulator said on Thursday it was reviewing allegations of antitrust violations by budget airline IndiGo following recent flight disruptions that hit air travel nationwide.

  • DXB and DWC boost winter schedules with new routes

    Dubai Airports has entered the winter travel season with one of its strongest networks in history, as Dubai International (DXB) and Dubai World Central - Al Maktoum International (DWC) welcome new airlines and expanded connectivity to meet rising seasonal travel demand.

  • Amazon in talks to invest in OpenAI

    Amazon.com IncĀ is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over $500 billion, a source familiar with the matter said on Tuesday.

  • DXB to welcome over 4.2 million guests over next two weeks

    Dubai International Airport (DXB) is gearing up to accommodate a surge in travellers over the next two weeks, marking one of the busiest travel periods of the year.

Blogs