Home ›› 31 May 2023 ›› World Biz

Musk to visit China this week

Agencies . Washington
31 May 2023 00:00:00 | Update: 30 May 2023 23:51:27
Musk to visit China this week

Tesla Chief Executive Elon Musk is expected to visit China this week, three people with knowledge of the matter said, in what would be his first trip to the country in three years.

Musk is expected to meet senior Chinese officials and to visit Tesla's Shanghai plant, two of the sources said.

It was not immediately clear who Musk would meet and what they would discuss. The people with knowledge of the trip declined to be named as the matter is private.

Tesla and China's State Council Information Office did not immediately respond to requests for comment.

Reuters reported in March that Musk was planning a trip to China and seeking a meeting with Chinese Premier Li Qiang as early as April, with the exact timing subject to Li's availability.

China is Tesla's second-largest market after the United States, and its Shanghai plant is the electric carmaker's largest production hub.

Musk also owns social media platform Twitter, which is banned in China, although some people access it via virtual private networks (VPNs).

The trip would mark Musk's first in China since he set the internet abuzz by dancing on stage during an event at Tesla's Shanghai factory in early 2020.

It would also come at a time when Tesla is grappling with multiple issues, including intensifying competition with Chinese automakers that are exporting their China-made electric vehicles as demand in the world's largest auto market weakens.

×