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(Reuters) – Tesla’s plan to develop its international manufacturing footprint has sparked a race amongst some international locations to woo CEO Elon Musk and safe billions in funding {dollars}.
Turkish President Tayyip Erdogan on Monday requested Musk to construct a producing plant in his nation. Hours later, the Wall Street Journal reported that Saudi Arabia was in early talks with Tesla to arrange factories within the Kingdom.
Musk stated in May that Tesla would in all probability decide a location for a brand new manufacturing unit by the top of 2023.
IN THE RUNNING
Saudi Arabia: Saudi has been luring Tesla with the proper to buy sure uncooked supplies from international locations, together with the Democratic Republic of Congo, the Journal reported. Musk denied the report.
Turkey: Turkey’s communications directorate cited Musk as saying that the nation was among the many most vital candidates for its subsequent manufacturing unit.
India: Tesla has expressed curiosity in constructing a manufacturing unit within the nation, to supply low-cost electrical automobiles (EVs) for the native market and for export.
UPCOMING FACTORIES
Mexico: Tesla is constructing a manufacturing unit in Mexico’s northern border state of Nuevo Leon. A Mexican state governor stated Tesla and its suppliers would make investments $15 billion over the subsequent two years within the facility, triple the beforehand introduced quantity.
EXISTING FACTORIES
LOCATION PRODUCTS MADE AT THE FACTORY
Fremont, California Model S, Model X, Model 3 and
Model Y
Sparks, Nevada Tesla Semi, electrical motors,
batteries and powertrains
Buffalo, New York Builds photo voltaic roof, photo voltaic panels
and electrical elements for
superchargers
Austin, Texas Model Y and Cybertruck
Shanghai, China Model 3 and Model Y
Grunheide, Germany Model Y, battery cells
Lathrop, California Capable of manufacturing 10,000
Megapack items yearly
(Reporting by Jaspreet Singh and Arsheeya Bajwa in Bengaluru; Editing by Devika Syamnath)
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