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5/21, 7:57 PM (Source: TeleTrader)
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Russia's trade ministry invites Musk for discussion

Russian Ministry of Industry and Trade invited Elon Musk, the founder and CEO of Tesla car company, on Friday to talk about establishing his company's presence on the Russian market and offered federal support if he decided to launch local manufacturing. Several regions in Russia have already expressed interest in hosting Tesla's plants.

"Dear @Elonmusk, we were delighted to learn that you are considering building a factory in Russia. By the way, we have a number of state support measures for local OEMs [original equipment manufacturers]. Come to see us, we'll talk about it," the ministry tweeted on its official account, adding a smiling emoji at the end of the message.

Earlier, Elon Musk mentioned his intention to enter Russia's auto market and to open a local production site. He also said that Kremlin spokesperson Dmitry Peskov asked Musk to assist in the bilateral dialogue between Russia and the United States.

Breaking the News / LH