Question

which country is best to set up a new tesla gigafactory (Canada, Hongkong, or Kuwait.) on the basis of  GDP, Population, Debt, and educational achievement of these three countries. Explain in detail why they are best and how much profit Gigafactory can earn in a year or two after set up of their plant in these countries.

Answer 1

Tesla's aim is to accelerate globalization into sustainable energy through the use of more expensive electric vehicles and energy products. To build a road that produces 500,000 cars a year, Tesla alone will need a full global supply of lithium-ion batteries. The Tesla Gigafactory was born out of necessity and will provide enough batteries to support the demand for Tesla vehicles. Today, Gigafactory manufactures Model 3 electric motors and battery packs, in addition to the latest products of Tesla, Powerwall and Powerpack.

In My opinion Kuwait is ready for the Tesla Gigafactory Because
Kuwait is indeed a good decision to start a business in Kuwait offers many investment opportunities for emerging entrepreneurs because of its strong economy, supportive government, and ease of doing business due to certain rules and regulations. The Kuwaiti government has come up with corporate rules and regulations, pressuring foreign direct investment in the country. The main sector in Kuwait is oil and gas.
Kuwait is the fourth richest country in terms of global income and is the second richest country in the GCC according to the individual. So rest assured, whatever industry you choose to include a Kuwaiti company, the chances are only to succeed. Entrepreneurs in Kuwait appear to have the country's vast wealth and large number of customers and the growing demand for various products and services.

You may want to consider starting your own business, where you sell a particular product, in high demand, or by offering certain services. However, detailed market research is required before going out to get started. One has to limit a particular product or service, which is much needed. After you have made a list of ideas listed in the shortlist, then it is important that you review it carefully.

Comparison Of Kuwait With Other Two :-

GDP: -

The GDP of Candeda for 2020 is 1590.00 USD Billion.

Kuwait's GDP for 2020 is 131.00 USD Billion.
And Hong Kong's GDP for 2020 is 275.00 USD

Here we see that Kwait's GDP is lower than that of Caneda and Hong Kong. But it will not be less than their debt and the number of people because Caneda and Hong Kong have more debt and more people.

Population: -

Caneda has a population of 37,742,154 and Hong Kong has a population of 37,742,154. In comparison, Kuwait has 4,270,571 articles, which are quite low compared to these two.

Debt:-
1) Caneda: - Government debt in Canada is expected to reach 850.00 CAD Billion by the end of 2020, according to models and major commercial analysts.
2) Hong Kong: - Government GDP debt in Hong Kong is expected to reach 40.00 percent by the end of 2020, according to models and major commercial analysts.
3) Kuwait: - Government debt on GDP in Kuwait is expected to reach 27.00 percent by the end of 2020, according to major business models and prospective analysts.

Compared to Caneda and Hong Kong, Kuwait's debt is much lower.

Education: -
Kuwait is one of the richest countries in the world in terms of quality of education. So it is very beneficial for new professionals.

Considering all the above, you can see that Kuwait is very profitable from a trade point of view. Suppose you start a Tesla Gigafactory Project, it will definitely be very beneficial.

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