logo
logo
  • Home
  • About Tripura
    • Tripura
    • Governon
    • Chief Minister
    • Council of Ministers
  • Tripura
  • National
  • International
  • Lifestyle
  • Spotlight
  • Sports
  • Jobs/Tender
  • Photo Album

Tesla CEO Elon Musk explores business expansion in China during meeting with Foreign Minister

By IBNS
May 31, 2023..

Beijing/China: Elon Musk, the CEO of Tesla, recently met with China's Foreign Minister, Qin Gang, during his visit to Beijing on Tuesday. 


The Chinese Ministry released a statement confirming the meeting, where Qin Gang conveyed China's commitment to providing a better market-oriented, rule-of-law-based, and internationalized business environment for foreign enterprises.

This marked Elon Musk's first visit to China since the outbreak of the Covid-19 pandemic. The purpose of his visit was to strengthen Tesla's presence in the country, as his electric vehicle company had previously announced plans in April to construct a new battery factory in Shanghai, as per AFP reports.

The upcoming facility will serve as Tesla's second factory in Shanghai, following the groundbreaking of its massive Gigafactory in 2019.

However, Musk's close ties with China have attracted attention and scrutiny in the United States, particularly from President Joe Biden. In November, President Biden remarked that the executive's foreign connections were deserving of investigation.

During the meeting, Elon Musk expressed Tesla's willingness to further expand its operations in China, as conveyed by the Chinese foreign ministry. This indicates the company's determination to solidify its position in the Chinese market, which has been a crucial focus for Tesla's growth strategy.

Leave a Reply
Post comment
Related News
Two Chinese nationals charged with conspiracy, smuggling a dangerous biological pathogen into US
Jun 6, 2025 ..
Taipei: 3000 gather to mark 1989 Tiananmen Square Massacre
Jun 6, 2025 ..
World leaders should keep two-state solution ‘alive’, urges Antonio Guterres
Jun 6, 2025 ..
Australia: 21-year-old injured in targeted shooting in Queensland
Jun 6, 2025 ..
Trump in Epstein files, he should be impeached: Friend-turned-foe Elon Musk 'drops big bomb'
Jun 6, 2025 ..
Newsletter

Subscribe For Northeast Herald News And Receive Daily Updates

logo

Northeast Herald starts its journey from Tripura state capital city Agartala to cover the entire Northeast region of India for the latest news, news photos, and the latest photos to promote the great cultural, historical and traditional identity of the region.

  • Twitter Icon
  • About Tripura
  • About Northeast
  • National News
  • Tripura News
  • International
  • Entertainment
  • Spot Light
  • Article Us
  • Health
  • Lifestyle
  • Top News
  • Sports
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookies Policy
  • Code of Ethic
  • Site Map
  • Rss Feeds

Copyright © Northeast Herald. All Rights Reserved