Tesla CEO Elon Musk shoots down reports of Gigafactory Russia

[MEDICALJMP]

Tesla CEO Elon Musk shoots down reports of Gigafactory Russia

ByJoey Klender
Posted on September 20, 2021

https://www.teslarati.com/tesla-ceo-elon-musk-shoots-down-gigafactory-russia/

Tesla CEO Elon Musk has denied that the electric automaker has landed on a location for its fourth Gigafactory after reports indicated that Russia would be the location.

Russian media outlets had indicated that the country’s officials confirmed Tesla would build its newest production facility in Russia. The report comes from a website called Argumenti, and states:

“In principle, the decision on the plant in Korolev was made in the Kremlin,” said our source at the RF Chamber of Commerce and Industry. – It’s symbolic. After all, the founder of Tesla is known for his love for Russian astronautics and its history. He repeatedly mentioned the name of Sergei Pavlovich Korolev in his interviews and books. Musk always said that the achievements of Roscosmos would not have been so powerful if the corporation had not stood on the shoulders of titans, among whom he includes Sergei Korolev. One of the halls of the SpaceX corporation bears his name.”​

Additionally, the report indicates a source in the Ministry of Industry and Trade stated the advantages of the city of Korolev have to do with “historically concentrated highly qualified personnel who can start working in high-tech production without large financial and time costs for retraining.”

While there were rumors of a Russian Gigafactory earlier this year, Musk has now confirmed that Tesla has not landed on an official location for its next factory.


In early August, Russia’s Economy Ministry indicated that it would use subsidy programs to boost manufacturing and purchasing efforts of locally-built electric vehicles. This news came shortly after several regions in the country were petitioning for Tesla to enter the country. In May, Vladislav Shapsha, the head of the Kaluga region, told the CEO that his area would be “fully prepared” for a Tesla factory after Musk said that the company’s entry into Russia was expected. Several other political figures, like Moscow Governor Andrei Vorobyov and Alexander Brechalov, the head of the Udmurt Republic, also made attempts to woo Musk’s company to Russia.

The most likely location as of now for Tesla’s next factory is probably India, where the automaker is currently testing vehicles for import. However, Tesla will not commit to building a factory in India until it tests demand through imports, Musk said.
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The quote from Argumenti reads like a Soviet era propaganda piece. All that is missing is a mention of glorious Mother Russia, a denouncement of capitalism and a bolstering of the ego of the current leaders.

All bets are on India getting the next factory.

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[Klaxon]

I hope Elon will be wise anough to keep away from Russia.
He is a person that accelerates the transition from oil based economy undermining the main Russian source of money. He made the russian spacecrafts obsolete leaving Russia without its main prestige toy and lots of money too. The russian mafia can fight back to slow down the progress.

 

[Crissa]

Also, Russia has less sales volume than the UK and fewer shipping ports. It doesn't make much sense unless we get another rusty iron wall of trading partners.

-Crissa

 

[firsttruck]

I hope Elon will be wise anough to keep away from Russia.
He is a person that accelerates the transition from oil based economy undermining the main Russian source of money. He made the russian spacecrafts obsolete leaving Russia without its main prestige toy and lots of money too. The russian mafia can fight back to slow down the progress.

I think it is extremely dangerous for Elon to go to Russia. When Elon went to Russia before Elon was probably considered as a nobody dreamer that had a few million to throwaway.

Now Elon, his ideas & businesses have dealt major blows to several Russian revenue streams and will destroy more.

If Elon visited Russia there is NO AMOUNT of private bodyguards that could protect him from an "accident" orchestrated by the Russian state if they want him. I think even without a visit there, Putin, Russian security state & Russian mafia may want him dead and could do it. Putin & Russian state would not care about repercussions. They already rigged a U.S. election (paying of U.S. politicians, hacking registration/election sites & social media propaganda) and had their puppet Trump in control of their biggest rival (U.S.) and they suffered no meaningful repercussions. The U.S. is not going to nuke Russia and major parts of Western Europe need Russian fossil fuels.

 

[Ogre]

I don't think Tesla is going to Russia.

Oil is one of the Russian government's biggest revenue streams. They have little interest in pushing EVs.

I also tend to agree that Musk doesn't have a lot of friends in the Russian government and a lot of outright enemies. It makes no sense.

Another US or Western European factory makes a lot more sense. Or even something in the UK.

Also, manufacturing in Russia or exporting from Russia, Tesla is likely to bump into sanctions from Western countries.

 

[Cybertruck Hawaii]

Oil rich Russia will sabotage Tesla by ruining Tesla’s reputation just to protect the ICE vehicle industry.

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