
Tesla is in talks to build a factory in Thailand, government official says
CNN
Tesla is in talks with the Thai government to build a production facility in the country, the prime minister’s office told CNN on Tuesday.
Tesla is in talks with the Thai government to build a production facility in the country, the prime minister’s office told CNN on Tuesday. The government has offered Tesla (TSLA) a 100% green facility, according to Prommin Lertsuriyadej, the prime minister’s secretary, who added: “We are in talks with them.” According to Prommin, Tesla representatives last visited Thailand in November, the same month Prime Minister Srettha Thavisin visited the electrical vehicle giant’s Gigafactory in Fremont, California. CNN has reached out to Tesla for comment. In a statement posted on X, formerly Twitter, on November 14, Srettha said he had a “great discussion on future collaborations” on electric vehicles and clean energy. “It is my hope that this collaboration will cement Thailand as the hub for EV and renewable energy in the years to come,” he wrote. “Look forward to seeing more Tesla presence in our home country.”

An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second quarter, according to Commerce Department data released Tuesday. That’s the fastest growth rate in two years.

Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to bankroll the transaction. The Ellisons will also let shareholders peer into the finances of their family trust.











