Business News Elon Musk revealed that Tesla evaluates Russia as a...

Elon Musk revealed that Tesla evaluates Russia as a potential production center

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During an event in Russia in which he participated via video conference, Musk said the company is considering opening production facilities in other parts of the world, such as Russia.

Elon Musk announced on Friday that Tesla is close to establishing a presence in Russia and is evaluating whether it could open factories in the country.

During an event in Russia in which he participated via video conference, Musk said the company already had production sites in China and the US, but is considering opening production facilities in other parts of the world.

The Russian Ministry of Industry and Commerce invited Musk to Russia. “Dear @Elonmusk, we were pleased to hear that you are considering building a factory in Russia. By the way, we have a number of state support measures for local OEMs. Come see us, we’ll talk about this :)”, the ministry said on social media in a post in English.

Small private Russian automaker Zetta is designing an electric vehicle and plans to start production this year.

The automotive industry in Russia, an oil and gas exporting country, does not currently have successful electric car projects and analysts see little prospects for the near future, mainly due to poor charging infrastructure.

Tiffany Cleyton
Tiffany Cleyton is a The Advertiser Mirror correspondent who covers food, politics, business, trend, lifestyle, fashion, entertainment and worldwide news. Tiff is a talented girl of 21 years old who is fascinating with journalist work and music, also she loves to produce documentaries.

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