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.