Business Magazine

Who Gains From Elon Musk’s Visit to China?

Posted on the 30 April 2024 by Phil's Stock World @philstockworld

Tesla's C.E.O. appears to have landed a deal that moves the company closer to bringing fully autonomous driving to a giant market. But Beijing is keen to exploit the visit for its own purposes.

Just days after Secretary of State Antony Blinken traveled to Beijing and warned China about unfair trade practices, Elon Musk landed in the Chinese capital. The Tesla boss's meeting with China's No. 2 official may have paid off: Musk reportedly cleared two obstacles to introducing a fully autonomous driving system in the world's biggest car market.

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