Tesla CEO Elon Musk on Monday denied a report that the electric vehicle maker is in talks with Saudi Arabia about setting up a manufacturing plant in the kingdom.
Musk said in May that Tesla would likely select a new factory location by the end of 2023. Thecurrently has six factories in the U.S., China and Germany, and is building a seventh in Mexico in northern Nuevo Leon state.
Tesla CEO Elon Musk, center, exits the Turkish House in New York after meeting Turkish President Recep Tayyip Erdogan on Sunday. Musk is in demand among world power players. On Sunday, he met with Turkish President Recep Tayyip Erdogan in New York, and in June he met with India's Prime Minister Narendra Modi.
Indian Prime Minister Narendra Modi, right, meets with Tesla CEO Elon Musk in New York on June 20, 2023.A Tesla sign is seen on the Shanghai Gigafactory of the U.S. electric carmaker before a delivery ceremony in China on Jan. 7, 2020. Tesla is targeting the sale of 20 million vehicles a year by 2030, up from around 1.3 million in 2022. Musk has said the company will likely need around 12 factories to reach production goals.
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