Tesla and Zetta to build a car factory in Narva, Estonia
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Tesla, an American electric vehicle company, and Zetta, a Russian e-vehicle maker, have announced a construction of a joint microfactory in Narva – an Estonian town by the country’s border with Russia – to build a compact Model N; the companies reasoned the decision by the town’s easy access for the European Union’s market on one hand, and the skilled car industry workforce from Russia on the other.
“After careful consideration, we’ve decided to build a new Tesla microfactory in Estonia,” Elon Musk, the CEO of Tesla, said in a statement. “While we considered Russia as a possible new location, it entails too many risks. So we decided to put the factory near Russia, while also ensuring an uncomplicated access to the European Union market. Besides, Estonia has proven its willingness to support innovation in electric cars”.