There is a lot of speculation after Tesla CEO Elon Musk postponed his visit to India and suddenly reached China. It is noteworthy that Musk was going to come to India on 21 and 22 April and he was going to meet Prime Minister Modi. However, he had already made this journey.
Billionaire tycoon Elon Musk has arrived in Beijing amid speculation that Tesla will unveil its self-driving technology in China’s growing electric vehicle (EV) market.
According to Chinese state broadcaster CTGN, the presidents of SpaceX and Tesla traveled to China at the invitation of the China Council for the Promotion of International Trade (CCPIT).
Meanwhile, he met CCPIT Chairman Ren Hongbin to increase cooperation with China. According to a leading Hong Kong newspaper, Musk is likely to meet senior Chinese officials and old friends at the State Council in Beijing.
Musk built an EV factory in Shanghai with an investment of seven billion dollars, after which his Tesla became popular in China. Production started in this factory in 2020.
Tesla has sold more than 17 lakh cars in China. Tesla’s largest factory is located in Shanghai. Tesla also wants to start a factory in India and for this Musk was scheduled to visit India last week, but due to his busy schedule he canceled his visit.
