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Elon Musk explores building new Tesla factory in Saudi Arabia or Turkey while strengthening ties with leaders

  • Musk has met with the presidents of Turkey and Saudi Arabia about potentially building a new Tesla factory in their countries.
  • Both countries have offered incentives like mining rights and emphasized their manufacturing capabilities.
  • Musk says Turkey is a top candidate but has denied reaching a deal with Saudi Arabia.
  • Tesla aims to build new factories to reach a goal of producing 20 million EVs per year by 2030.
  • The outreach comes amid some tensions between Musk and the Biden administration over policy differences.
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