Elon Musk and the preference of India over Türkiye

According to the international group Tasnim News Agency, Elon Musk refused to invest His investment in Turkey and his entry into the Indian market was a news that received wide coverage in the Turkish media. Bloomberg announced: Despite Erdogan’s repeated insistence, Musk refused to take his new factory to Turkey, but in a short period of time, he reached a conclusion to open a new factory with India.

Tesla is nearing the final stage of an agreement with India to invest $2 billion in the factory, and the agreement is expected to be announced at the Gujarat Global Summit in January.

Elon Musk State It assessed Gujarat, Maharashtra and Tamil Nadu, the birthplace of Indian Prime Minister Narendra Modi, and found that these states have established ecosystems for electric vehicles and exports.

So far, the full details of the agreement between Musk and India has not been published, but it has been said that the amount of capital may increase to 15 billion dollars and leave the purchase of car parts and part of the batteries to the Indians themselves.

Musk has already said Many Turkish suppliers are already working with Tesla, and Turkey is one of the most important candidates for Tesla’s next factory. However, he did not fulfill his promise and postponed the investigation of investment in Turkey to another time.

Naz Erdoğan pulled the mask but did not receive an answer

Some time ago and when Recep Tayyip Erdoğan, the President of Turkey and the leader of the Justice and Development Party, to participate in the Seventy and the 8th session of the United Nations General Assembly, he traveled to the United States and met with Elon Musk, the founder of SpaceX. They covered this news and announced that Musk has a great desire and enthusiasm to invest in Turkey. But this meeting had significant side effects. Because Musk himself did not directly explain about the construction of the factory in Turkey and did not mention a specific calendar. In addition, many media announced that he deliberately and intelligently brought his young son with him in this meeting to show that basically, from his point of view, the meeting with Erdogan is not an official and business meeting. .

Erdogan in New York asked Musk to establish the seventh Tesla factory in Turkey. Why? This is because Turkey’s national electric car factory has encountered problems in the field of battery production, and the advertising and political maneuvering about this car did not go as expected by Erdogan.

Communications Department At the same time, the Turkish presidential body announced that Erdogan announced Turkey’s readiness to cooperate in the field of artificial intelligence and Starlink and that the country is interested in investing in satellite internet and SpaceX. Elon Musk also said in this meeting that SpaceX is willing to cooperate with the Turkish authorities to obtain the necessary permission to provide Starlink satellite services. and the mastermind behind the designer and manufacturer of military drones T.B. The two flag bearers hold an exhibition called “Technofest” of space and air industries of Turkey every year, which has a nationalistic mood, and Erdogan wears a red pilot’s uniform every year in this event, and even Ilham Aliyev, the president of Azerbaijan and Several other politicians have also been invited to the exhibition.

This time, Erdogan invited Musk to participate in the Turkish Aerospace and Technology Festival in Izmir. But he accepted the invitation and forwarded it to next year and announced that he will visit this exhibition in 2024. However, Erdogan was also excited by this promise and He wrote: “Dear Elon Musk. We will be very happy to see you next year at TEKNOFEST, the world’s largest aviation, space and technology festival. I believe that based on win-win cooperation, we will make great contributions to the country and humanity in many fields. I hope to see you again soon”.

The Minister of Industry and Technology of Turkey: Masks are on our heads

Fatih Kajar, Minister of Industry and Technology of Turkey, not long ago, pointing out that Tesla’s value has reached 800 billion dollars, announced: “Tesla will produce in 6 factories in the United States The United States, China, and Germany continue, and it has the capacity to produce nearly 2 million vehicles with the plant it has currently set up in Mexico. Our president invited him to Turkey and our country is one of the most reliable bases for automobile production. Currently, it has an annual production capacity of 2 million cars. European, American, Korean and Japanese brands have been producing in our country for years. We are eager to see the presence of Musk and Tesla in Türkiye. If Musk comes, it will be on us.” The Minister of Industry and Technology of Turkey also said: “Our president told him during the meeting with Musk: You are a person who You don’t care about competition, come and invest in Turkey, continue your activities in our country in the successful competition with the Turkish National Tog car”.

Of course, you need to know that Musk came to New York only to meet our president and then left the city. This is an important issue that shows the extent to which the actions taken by Erdoğan have an impact on the global level.”

Does Musk have doubts about Turkey?

Ilan Musk has already visited Turkey twice at Erdogan’s request and has cooperated with Turkey in the missile fields related to satellite launch. But he is not yet ready to take a clear action to invest in Turkey. He was previously invited to the Turkish space industry exhibition, but he sent his assistant to this exhibition to show that he is not a stranger to some clever diplomatic games and does not want to respond to the requests of Erdogan’s team at once and quickly. give a positive answer.

Mask promises distant tomorrows regarding Turkey. But the agreement with India has progressed in a short period of time and in an easy and easy process. For this reason, it seems that the set of reasons that made most of the American investors And Europeans refrain from entering the Turkish market, it is also important for Tesla and Elon Musk. Because the approach of Erdoğan and his team in the presidential institution as well as the ruling party to politics, governance and international relations has become more totalitarian year by year.

Many critics and opponents believe that the principle of separation of powers has been practically removed in Turkey, and the judiciary of this country also follows the president. After all, there are serious disturbances in strategic and sensitive areas such as financial transparency, tax tariffs and the principles of import and export, the principle of fair competition in auctions and tenders, and respecting the independence of the Central Bank in determining monetary-financial policies. /p>

As a result, the foreign investor does not dare to transfer his wealth and capital to Turkey, and Musk also considers the aspects of caution in this matter.

At the same time, Mehmet Şimşek, the Minister of Finance and Finance and the economic team leader of Erdogan’s government, and Mrs. Mehmet Ghaye, the head of the Central Bank of Turkey, have faced difficulties in attracting foreign capital and funding financial projects in recent weeks. Soon, they will travel to New York to convince American investors.

Shimshak in the last three months, with difficulty, was able to visit some Arab countries along the Persian Gulf, such as Qatar, Saudi Arabia, and the United Arab Emirates. and Kuwait to attract a small amount of capital.

At the end, it should also be mentioned that Turkey, in the production of an electric car, which it called the national car, received serious help from Italy and China. used and this is one of the topics that is of particular importance in Tesla’s competitive equations. At the same time, we should not forget that Musk, in some of his policies in the satellite sector, both in Ukraine and Gaza, followed the demands and political approaches of the United States and the Zionist regime, and it is unlikely that he will easily enter the production field in Turkey. .

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