Elon musk hints towards new gigafactories in Asia, outside China

| Wednesday | 8th July, 2020

Summary:

While responding to a query on Twitter, Tesla CEO Elon Musk gave an affirmative reply to the question that whether he will expand Tesla mega factories in Asia outside China.

However, he also added that the first company`s priority is to complete the new Tesla Gigafactory in Berlin and another in the US.

"Yeah, but first we need to finish Giga Berlin and a second US Giga to serve the eastern half of North America," he tweeted.

According to experts, the company may open the factory in either Japan or South Korea as both have strong existing automotive industries.

However, India too may feature on Musk`s mind given that land and labour both are likely to be cheaper than most other viable options. Last month, the Tamil Nadu government wrote to top executives of automobile companies, including Tesla, inviting them to set up shop in the state.

Tesla has been hunting for new places to set up its factories outside the United States for some time. Elon Musk has been rumored traveling around the world to scout for new spots for gigafactories.