Published: 2024-04-28 12:41
Photo by Gonzalo Fuentes (Reuters/Scanpix).
Tesla CEO Elon Musk arrived in China on Sunday, state media reported. This is the technology mogul’s second trip to the world’s largest electric vehicle market in less than a year.
At the invitation of the China International Trade Promotion Council, Tesla CEO Elon Musk arrived in Beijing this afternoon, state broadcaster CCTV announced.
State media reported that E. Musk met with Ren Hongbin, head of the China International Trade Promotion Council, to discuss further cooperation and other issues.
E. Musk has many business interests in China, and he last visited the country last year.
Tesla did not respond to earlier requests by the AFP news agency to confirm that Mr. Musk was visiting China or provide details of his agenda.
In the West, E. Musk is viewed with superstition, but in China, Tesla electric vehicles have become an extremely important part of the life of the urban middle class.
E. Musk’s arrival in China coincides with a fierce price war between companies, desperately trying to get ahead in the extremely competitive electric car market.
Besides, there is a big car show in Beijing.
in 2023 the last fourth Chinese domestic car is produced by BYD (eng. Build Your Dreams) overtook Tesla to become the world’s largest electric car seller.
In the first year, four Teslas fought for the title, but BYD continues to firmly lead the domestic market.
It is prohibited to reproduce the information of the news agency BNS in public information media and on Internet websites without the consent of UAB “BNS”.
Select the companies and topics you are interested in and we will inform you in a personal newsletter as soon as they are mentioned in Business, Sodra, Registry Center, etc. in altos.
Topic Markets
