Investment call from South Korea to Elon Musk

 


South Korean President Yoon Suk-Yeol has called on billionaire Elon Musk to invest in his country.

During his 6-day visit to the United States, South Korean President Yoon Suk Yeol met with Elon Musk, owner of SpaceX space company, in Washington DC. According to a statement made by the South Korean official news agency regarding the meeting, Yoon stated that South Korea is an ideal country for Tesla to establish a factory and that the meeting request came from Musk. Yoon also reportedly offered tax incentives if Musk were to invest in the country.

Elon Musk stated that South Korea is one of the best countries for establishing a Tesla factory and that he plans to visit the country soon.

Meanwhile, during his visit to Washington, South Korean President Yoon Suk-Yeol also met with US President Joe Biden yesterday.

 

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