Erdogan Proposes Tesla Factory Build in Turkey to Elon Musk

During an interaction in the United States at the time of the 78th session of the United Nations General Assembly (UNGA), Turkish President Recep Tayyip Erdogan initiated a discussion with Tesla CEO Elon Musk, proposing the construction of a Tesla factory in Turkey. This conversation has been vetted by state-owned Anadolu Agency, with no immediate responses on the proposition from Tesla or the Turkish embassy in Washington, DC.

The encounter took place at Turkish House, a soaring architectural marvel located near the United Nations' premises in New York, with President Erdogan in town for attending the General Assembly. Beyond the meeting with Erdogan, Musk was scheduled to converse with Israeli Prime Minister Benjamin Netanyahu in California, with AI technology as the primary subject of discussion, as stipulated by Musk on a social media platform.

It's critical to note that this proposal for a Turkish factory follows Tesla's expressed interest in August to construct a factory in India, specifically for creating low-cost electric vehicles. Within Tesla's global makeup, there exist six factories, with the seventh underway in Nuevo Leon state, Mexico. In his May statements, Musk expected to finalize the location of an upcoming factory in the run of this year.

Moreover, Tesla's share price has experienced a significant surge, with a 123 percent elevation since the commencement of the year. In consonance with augmenting shares, Tesla recently announced its five-millionth car production, a hallmark accomplishment for the automaker.

On the social media front, Musk, who acquired social platform X (formerly known as Twitter) in 2022 for a whopping $44bn, has occasionally acquiesced to certain content censorship demands imposed by the Turkish government. Nevertheless, reports suggest the company has staunchly opposed some of the Turkish court directives.