New Delhi: Billionaire Elon Musk on Sunday arrived in Beijing after receiving an invite from the China Council for the Promotion of International Trade. There is concept approaching the best way that Musk could unveil Tesla’s autonomous driving know-how within the burgeoning electrical automobile (EV) market in China.
During his China go to, Musk is anticipated to satisfy senior Chinese officers on the State Council. Musk Tesla grew to become a preferred EV in China when it began its manufacturing in 2020 after organising a USD seven billion manufacturing unit in Shanghai, China.
Earlier, Elon Musk was scheduled to go to India to satisfy Prime Minister Narendra Modi, Musk is now scheduled to go to later this yr. “Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year,” Musk wrote on microblogging website X.
 On April 10, Musk knowledgeable his India go to to satisfy Prime Minister Modi. “Looking forward to meeting with Prime Minister Narendra Modi in India.” the publish learn. It was reported that the CEO was more likely to announce funding in India, particularly for constructing a brand new manufacturing unit.
Musk’s current journey to China coincides with the 2024 Beijing Auto Show.
CEO Elon Musk is more likely to talk about the rollout of Ful-Self Driving (FSD) software program with Chinese officers. This dialogue could result in acquiring approval to switch knowledge collected in a rustic overseas, Reuters reported.
Eaelier, the CEO has introduced the layoffs that would impression greater than 14,000 individuals got here two weeks after the electrical automaker reported its first year-over-year drop in gross sales in three years.Â
“As part of this effort, we have done a thorough review of the organization and made the difficult decision to reduce our headcount by more than 10 per cent globally. There is nothing I hate more, but it must be done. This will enable us to be lean, innovative and hungry for the next growth phase cycle,” he stated, PTI reported.
