News

Erdogan invites Musk to establish Tesla factory in Turkey

Published

8 months ago

September 19, 2023

ticker NEWS

President Recep Tayyip Erdogan has extended an invitation to Elon Musk, CEO of Tesla Inc., to consider constructing a Tesla factory within the Turkish borders.

Erdogan, known for his proactive stance in developing Turkey’s infrastructure and economic growth, reached out to Musk in a bid to attract the electric vehicle giant to the region. The President emphasized Turkey’s strategic location, positioned at the crossroads of Europe and Asia, making it an ideal hub for Tesla’s expansion into the Eurasian market.

During their virtual meeting, Erdogan highlighted Turkey’s commitment to renewable energy sources, offering to provide sustainable and cost-effective electricity to power Tesla’s manufacturing operations. Additionally, the Turkish government pledged to provide incentives such as tax breaks and streamlined regulatory procedures to facilitate a smooth establishment of the factory.

Musk expressed his appreciation for the invitation and acknowledged Turkey’s growing market for electric vehicles. However, he also raised concerns about the need for significant investments in charging infrastructure and research and development facilities. Both leaders agreed to further discussions to explore the feasibility of the project.

The potential establishment of a Tesla factory in Turkey holds great promise for the country’s automotive sector, aiming to reduce its reliance on traditional fossil fuel vehicles. It also aligns with Tesla’s mission to accelerate the world’s transition to sustainable energy.

With Turkey’s strategic location and commitment to renewable energy, this collaboration could significantly impact the electric vehicle market in the region and drive economic growth.

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

1 day ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

2 days ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

News

U.S. home prices surge 47%

Published

2 days ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending