South Korea is ready to compensate up to half of the cost of building the first Tesla plant in the country

President of the Republic of Korea Yoon Suk-yeol visited the United States last week. For during the short term

During his visit, he managed to agree on the deployment of American nuclear submarines in the country and discussed the construction of the first Tesla plant in Korea.

What is known

The leader of the Republic of Korea was able to communicate with ElonMask (Elon Musk). As it became known, the South Korean government is ready to classify the construction of the Tesla plant as an investment in advanced technology. This will allow the authorities to subsidize part of the costs.

The final decision will be made aftermeetings of a special commission if Tesla applies for the construction of an enterprise. With the most favorable outcome, Elon Musk's company will be able to save up to 50% of the funds on the construction of the plant.

Tesla CEO has already commentedinformation. Talk about building a plant in the Republic of Korea has been around for a long time. Musk has now called South Korea an "interesting place" to build a new plant and promised to visit the country "soon."