South Korean President Yoon Suk Yeol has asked Tesla boss Elon Musk to build an electric car factory in the East Asian country.
South Korea has world-class investment conditions and "a world-class industrial vehicle ecosystem," Yoon said in an online conversation with Musk on Wednesday, according to his office.
Musk replied that he sees South Korea as one of the top candidates for investment locations.
He will make a decision after reviewing investment conditions in other Asian countries, including the labor market and manufacturing environment.
According to the information, the head of the American electric car manufacturer also expressed the intention to invest in the charging infrastructure in South Korea.
Tesla is already being supplied with components for autonomous driving and artificial intelligence from South Korea.
His company expects shipments from South Korea to be worth more than $10 billion next year.
Among other things, the e-car pioneer has a factory in Grünheide in Brandenburg, where production officially started in March.
The company currently produces around 2000 cars a week in its only factory in Europe.