Musk Accepts Erdogan's Invitation To Teknofest Amid Talks Of Turkish Tesla Factory
Portfolio Pulse from AJ Fabino
Turkish President Tayyip Erdogan has proposed to Tesla Inc CEO Elon Musk the idea of building a Tesla production facility in Turkey. This follows Tesla's announcement in August about its interest in setting up a factory in India. Erdogan also expressed interest in collaborating with Musk on AI and Starlink. Musk has reportedly accepted Erdogan's invitation to the Turkish aerospace and technology festival, Teknofest, in late September.
September 18, 2023 | 4:31 pm
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Tesla is considering a proposal to build a production facility in Turkey, which could potentially increase its production capabilities and global presence.
The potential establishment of a Tesla factory in Turkey could increase the company's production capabilities and expand its global footprint. This could potentially lead to increased sales and revenues, positively impacting the company's stock price.
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