Elon Musk Planning for Visit China: Tesla CEO and world’s second richest person Elon Musk is planning to visit China. Elon Musk can visit China in April and meet Chinese Premier Li Qiang there. The report added that the exact timing of the visit would be decided on Li Qiang’s schedule.
Reuters has said in its report that soon there may be an announcement of Elon Musk going to China. However, till now nothing has been given on behalf of Tesla and China State Council Information Office. China is Tesla’s second largest market after the US and the electric car maker has the company’s largest production plant in Shanghai.
Elon Musk will visit China for the first time since the pandemic
This will be Elon Musk’s first visit after Kovid and that too at a time when Xi Jinping is taking charge as the President of China for the third time. Prior to Li’s premiership in March, he served as party secretary of Shanghai, where he oversaw the construction and inauguration of the Tesla factory. Earlier, Elon Musk has visited China in 2020
Why Elon Musk’s visit to China is important
Lee and Musk have met earlier in 2019 on the occasion of the inauguration of the Shanghai plant. This visit of Elon Musk is important because after three years of Kovid, China’s economy has been battered and China is trying to woo foreign investors. Lee has been at the forefront of that effort. In the past week, Apple Inc. has joined business events for Tim Cook and Pfizer.
What will be discussed
It has been said in the report that there is no information about what can happen between Elon Musk and Lee. However, the loss to Tesla and plans to double the Shanghai plant can be discussed.
Tesla is facing these problems
Tesla’s cars have been barred from driving into China’s military compounds and political meeting places amid concerns about in-vehicle cameras, and the company is still awaiting Beijing’s approval to offer its self-driving technology. On the other hand, in view of the growing tension between China and America, Tesla’s sales have been affected.
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