In a meeting with the head of the Chinese Foreign Ministry, the businessman emphasized that he is against the economic separation of Beijing and Washington.
Tesla CEO Elon Musk made an unannounced visit to Beijing. This was reported by Reuters on May 30.
In a meeting with Chinese Foreign Minister Qin Gang, the businessman announced his willingness to expand business in the country.
The conversation took place hours after Musk made his first visit to China in three years. He is expected to meet with senior Chinese officials and visit the Tesla factory in Shanghai.
According to the statement of the Chinese Foreign Ministry, Musk also emphasized that he opposes the decoupling of the US and Chinese economies.
According to Reuters, it is not known who else the businessman will meet in the Chinese government or what issues they will discuss.
The trip comes as Tesla faces increased competition from Chinese-made electric vehicles and some uncertainty over plans to expand its factory complex in Shanghai, which Musk last visited in early 2020.
As you know, China is Tesla’s second largest market after the United States, and the Shanghai plant is the largest manufacturing center for the electric vehicle manufacturer.
Recall that in the first three years of operation, the Tesla gigafactory in China produced one million electric cars.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.