SEOUL, Nov. 23 (Korea Bizwire) — President Yoon Suk-yeol asked Tesla CEO Elon Musk to build an electric vehicle plant in South Korea during a virtual meeting with the billionaire entrepreneur on Wednesday, his office said. Yoon made the request after Musk explained Tesla’s plans to build a gigafactory in Asia to produce finished EVs, [...]
SEOUL, June 22 (Korea Bizwire) — A South Korean civic group on Tuesday filed a complaint with the prosecution against American electric vehicle company Tesla and its CEO Elon Musk, alleging that they have covered up defects in cars sold here. The civic group, which calls itself the “Citizens United for Consumer Sovereignty,” said it [...]
SEOUL, May 28 (Korea Bizwire) — The cryptocurrency market has been on a rollercoaster ride in recent months, with its course dictated by Elon Musk’s series of remarks. Never before has one individual had so much influence over fluctuations in prices. Here, a question arises–how? Hong Ki-hoon, a professor of business administration at Hongik University [...]
SEOUL, Feb. 22 (Korea Bizwire) — Hyundai Glovis Co., a logistics unit of South Korean auto giant Hyundai Motor Group, is working with U.S. carmaker Tesla Motors Inc., industry sources said Friday. Some 4,000 Model 3 electric vehicles (EVs) were loaded onto a Hyundai Glovis transport ship in San Francisco heading for Europe on Tuesday [...]
SEOUL, Sept. 7 (Korea Bizwire) — Korean fashion designers will showcase their latest designs at New York Fashion Week. Alongside Milan, London and Paris, New York is considered one of the four capitals of the fashion world. The city’s bi-annual Fashion Week, which opens on September 7, attracts the best and the brightest from all [...]
SEOUL, Dec. 21 (Korea Bizwire) — Tesla Motors Co. seems to be ramping up its move to enter the South Korean market as it has recently completed registration of a corporate entity that will lead the sales of its popular electric vehicles here, industry sources said Friday. According to the sources, Tesla Motors, based in [...]