Elon Musk names S. Korea among top candidates for EV investment

© Reuters. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019. REUTERS/Mike Blake

SEOUL (Reuters) – Tesla (NASDAQ:) CEO Elon Musk said on Wednesday South Korea is among its top candidates for electric vehicle (EV) investment as the company pushes to build a gigafactory for EVs in Asia, South Korea’s presidential office said.

Musk made the remark in a video call conversation with South Korea’s President Yoon Suk-yeol, adding the company plans to step up cooperation with South Korea on supply chains, according to Yoon’s office.

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