India trip cancelled, why did Elon Musk suddenly go to China? See here the reason Days after delaying India visit Tesla CEO Elon Musk lands in China – News18 Kannada Achi-News

Beijing (A.29): The billionaire entrepreneur and owner of Tesla, Elon Musk, who had canceled his trip to India, has arrived in China. Elon Musk’s visit to China has surprised everyone as he has suddenly arrived in Beijing. Billionaire tycoon Elon Musk visited Beijing on Sunday to meet with Chinese Premier Li Qiang and other officials to discuss lifting restrictions on taking Tesla vehicles to certain sensitive locations in China. Government media gave this information.

According to a recent report, drivers of Tesla cars in China are facing restrictions on entering government-owned buildings due to growing security concerns in the United States. These cars are banned in such places for fear of revealing sensitive and strategic data. According to a report published by Nikkei Asia, a large number of exhibition halls and centers across the country do not allow Tesla vehicles on their premises.

So is this the real reason?

Earlier the ban on these vehicles was usually limited to military bases, but now highway operators, local authorities, cultural centers are also banning these vehicles, the report said. According to the government newspaper ‘China Daily’, Musk arrived in Beijing on Sunday at the invitation of the company ‘China Council for the Promotion of International Automobile Trade’. Tesla is negotiating with Chinese authorities to remove all restrictions.

Musk met with the Chinese Prime Minister

Elon Musk met with Chinese Premier Li Qiang on Sunday and discussed the future expansion plans of his Tesla car company. Chinese Premier Li Qiang told Elon Musk that China’s huge market will always be open to foreign-invested enterprises. He said China will strive to expand market access and improve services to provide a better business environment and stronger support for foreign capital enterprises so that companies from all countries can invest in China with peace of mind.

Tesla’s development in China can be called a successful example of China-US economic cooperation, Li said. He said that facts have proven that there is equal cooperation and mutual benefit for the benefit of both countries. The Chinese premier said that the United States and China will meet in the center under the strategic leadership of the two heads of state and hope to promote the stable development of bilateral relations.

What did Elon Musk say?

According to official media, Elon Musk said that Tesla’s Shanghai Gigafactory is the best performing factory in the company. He expressed his desire to deepen cooperation with China to maximize profits at any cost. According to Chinese state broadcaster CTGN, the heads of SpaceX and Tesla visited China at the invitation of the ‘China Council for the Promotion of International Trade’ (CCPIT). During this time, he met with CCPIT President Ren Hongbin to discuss further cooperation with China.

Musk was coming to India

Hong Kong newspaper South China Morning Post reported that Musk is likely to meet senior Chinese officials from the ‘State Council’ and ‘old friends’ in Beijing. Musk had established an EV factory in Shanghai with an investment of seven billion dollars, after which his Tesla EV became popular in China. Production at this plant began in 2020. Musk had recently postponed his planned visit to India. In India, he will meet Prime Minister Narendra Modi to discuss plans to start a Tesla factory in the country. Musk is visiting Beijing at a time when his Tesla market in China is threatened by growing sales of local EVs.

Tucker from who to Tesla?

Austin (Texas) company Tesla has faced stiff competition from Chinese electric vehicle manufacturers in the past few years. The company has cut the prices of its Shanghai-made vehicles by six percent to maintain its leading position in China’s premium EV segment. Elon Musk’s recent visit to China coincides with the Beijing Motor Show – 2024. The show started on Thursday.

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