BR100 Increased By (0.11%)
BR30 Decreased By (-0.26%)
KSE100 Increased By (0.12%)
KSE30 Increased By (0.09%)
AGHA 7.79 Increased By ▲ 0.04 (0.52%)
BECO 5.23 Increased By ▲ 0.04 (0.77%)
BML 57.26 Decreased By ▼ -1.40 (-2.39%)
BOP 34.10 Increased By ▲ 0.41 (1.22%)
CNERGY 9.92 Decreased By ▼ -0.69 (-6.5%)
CSIL 5.35 Increased By ▲ 0.05 (0.94%)
FCCL 54.61 Increased By ▲ 0.87 (1.62%)
FFL 16.70 Increased By ▲ 0.24 (1.46%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.42 Increased By ▲ 0.14 (1.92%)
KOSM 5.75 Increased By ▲ 0.11 (1.95%)
LOTCHEM 29.35 Decreased By ▼ -0.30 (-1.01%)
MLCF 94.35 Decreased By ▼ -2.01 (-2.09%)
NBP 202.70 Decreased By ▼ -0.83 (-0.41%)
NCPL 57.00 Increased By ▲ 0.15 (0.26%)
NPL 67.78 Increased By ▲ 0.47 (0.7%)
OGDC 316.40 Decreased By ▼ -1.82 (-0.57%)
PACE 10.64 Increased By ▲ 0.01 (0.09%)
PAEL 43.15 Increased By ▲ 1.38 (3.3%)
PIBTL 16.72 Decreased By ▼ -0.09 (-0.54%)
PPL 220.50 Increased By ▲ 0.33 (0.15%)
PRL 49.05 No Change ▼ 0.00 (0%)
PTC 70.98 Increased By ▲ 0.97 (1.39%)
SSGC 28.17 Decreased By ▼ -0.97 (-3.33%)
TBL 9.90 Increased By ▲ 0.13 (1.33%)
TELE 8.80 Decreased By ▼ -0.02 (-0.23%)
TPL 18.14 Increased By ▲ 0.97 (5.65%)
TPLP 13.40 Increased By ▲ 0.89 (7.11%)
TREET 22.75 Increased By ▲ 0.16 (0.71%)
TRG 60.30 Increased By ▲ 0.08 (0.13%)
World

Erdogan asks Musk to build Tesla factory in Turkiye

Published Updated
By

Turkiye President Recep Tayyip Erdogan asked Tesla CEO Elon Musk to build a Tesla factory in Turkiye, Anadolu Agency posted on social media platform X on Sunday.

Erdogan asked Musk during a meeting at Turkiye House, a skyscraper near the United Nations in New York, the Turkiye state-owned news agency said.

Musk is also set to meet Israeli Prime Minister Benjamin Netanyahu in California on Monday.

Musk posted on X that their talks would focus on artificial intelligence technology.

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

While describing himself as a free speech absolutist, Musk has complied with some demands by the Turkiye government to censor content in the country.

In other cases, the social media company has objected to orders by the Turkiye courts.

Comments

Comments are closed for this article.