Elon Musk exploring deal with South Africa, to provide Starlink services in exchange for Tesla battery factory

The deal hinges on South Africa easing regulations that currently require foreign companies to be at least 30 per cent black-owned to operate legally. In return, Musk’s Tesla could establish a battery production facility in the nation, marking a significant investment in its energy sector

Elon Musk exploring deal with South Africa, to provide Starlink services in exchange for Tesla battery factory
The deal hinges on South Africa easing regulations that currently require foreign companies to be at least 30 per cent black-owned to operate legally. In return, Musk’s Tesla could establish a battery production facility in the nation, marking a significant investment in its energy sector