Fixing to leave the USA because it's getting too hot for him? Maybe it's just business, but ...

[Pete Ross Junior]

... think about it.

Exclusive: South Korea's Yoon ready to offer 'tailored' benefits to attract Tesla gigafactory
Reuters (on their own site)

SEOUL, Nov 29 (Reuters) - South Korea will offer "tailored" incentives to encourage Tesla to set up an electric vehicle gigafactory in the country and will minimise any risks posed by militant unions, President Yoon Suk-yeol told Reuters.

Yoon held a video call with Tesla Chief Executive Elon Musk last week and Yoon's office cited Musk as saying South Korea is among the top candidate locations for a new Tesla factory.

"If Tesla, Space X or other companies are considering more investment in Korea including constructing a gigafactory, the government will do our best to support the investment," Yoon told Reuters during a broader interview in his office on Monday.

Yoon said South Korea offers highly skilled workers and his government would ensure regulations align with international standards so that foreign firms do not face unexpected financial or regulatory hurdles.

"We are preparing a tailored approach to grant some advantages to these specified companies," Yoon said through an interpreter, when asked about what advantage South Korean can offer to Tesla over other locations being mentioned.

Tesla has said it would consider building another gigafactory. Canada, Indonesia, India and Thailand have also been mentioned in media reports as possible locations, but analysts noted that those countries do not have the kind of automotive supply chain that South Korea does, although some are abundant in natural resources like nickel.

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[multigraincracker]

1. They will be protected by the

DMZ. Good luck.