Elon Musk discussed with Mongolia’s prime minister possible expansion

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Elon Musk discussed with Mongolia’s prime minister possible expansion

Tesla CEO Elon Musk.

Ludovic Marin | AFP | Getty Images

Mongolian Prime Minister Luvsannamsrai Oyun-Erdene and tesla CEO Elon Musk on Monday Possible expansion and investment discussed Enter Asian countries with a virtual meeting.

“They discussed the possibility of welcoming Tesla to Mongolia to build an electric vehicle battery factory, utilizing the country’s widespread supply of copper and rare earth elements, which are important components of electric vehicle batteries,” a statement issued on behalf of the Mongolians said. explain. government.

The East Asian country is rich in minerals, with large deposits of copper, gold and coal.

“The Mongolian government is committed to working with international organizations to help advance the development of new technologies and increase investment in the country,” the statement said.

Statement from the Cabinet Secretariat of the Mongolian Government It added that the country’s prime minister stressed his support for the use of electric vehicles and urged Mongolian citizens to use such vehicles.

Musk and Oyun-Erdene also talked about bringing Starlink, a satellite communications terminal and service provider operated by Musk-founded SpaceX, to Mongolia.Starlink is Registered as a company in Mongolia in 2022 A regional rollout is expected this year.

Before Musk’s meeting with Mongolian leaders, the tech giant met with Chinese Vice Premier Ding Xuexiang and other senior Chinese officials last week, as Beijing looks to foster a business-friendly environment for foreign companies amid tensions with the United States

The Tesla CEO praised China’s technological progress and toured Tesla’s Gigafactory in Shanghai.

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