Elon Musk said at a Kremlin conference that Tesla could build a factory in Russia: ‘I think we’re close to establishing a Tesla presence’

Elon Musk appearing via videolink at the New Knowledge forum in Moscow

  • Elon Musk told a conference in Moscow that Tesla was looking at building a factory in Russia.
  • “I think we’re close to establishing a Tesla presence in Russia, and I think that would be great,” Musk said.
  • Musk said he was invited to speak at the conference by a Kremlin spokesman, Bloomberg reported.

Tesla CEO Elon Musk told a conference in Moscow that the company was considering building a production hub in Russia, Reuters and Bloomberg reported Friday.



Musk said Russia was among the countries where the carmaker could “potentially” build a factory, Bloomberg reported. He was appearing via video link on Friday morning at a Kremlin event for students called the New Knowledge forum.

“Over time, we will look to have factories in other parts of the world, potentially Russia at some point,” Musk said. “I think we’re close to establishing a Tesla presence in Russia, and I think that would be great,” Musk added.

Musk said there should be “more dialogue” between the US and Russia, and that Russia possesses “a lot of talent and energy,” per Bloomberg.

Musk said he had been invited to appear at the conference by Kremlin spokesman Dmitry Peskov, and added that he was a “huge admirer” of Russia’s achievements, Bloomberg reported.

Rumors began to circulate this week that the Tesla CEO was looking for a country in which to build a new factory after he visited the UK.

Outside of the US, Tesla has two factories: one in Shanghai, China, and one near Berlin, Germany. Production at its German factory has not yet begun. It had planned to start in July, but Tesla has now given its German team six more months to start production.

Earlier this year ,Musk had a bizarre interaction with the Kremlin, after tweeting at its official Twitter account in February to ask if President Vladimir Putin would join him for a public discussion on Clubhouse, the audio-based social media app. A Kremlin spokesperson later said Musk had not answered follow-up questions about the suggestion.



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