Elon Musk meets China’s FM in Beijing FMTNews FMTBusiness
BEIJING: Elon Musk met foreign minister Qin Gang in Beijing today, the ministry said, as the Tesla CEO embarks on his first trip to China in more than three years.
Musk said in response “Tesla opposes ‘decoupling and breaking chains’, and is willing to continue to expand its business in China”, according to the ministry’s readout. The battery factory announced in April will be Tesla’s second plant in Shanghai after Gigafactory, which broke ground in 2019. Tesla’s lowest-priced vehicle, the Model 3, begins at more than US$40,000 in the US – too pricey for many consumers even though the vehicle had been pitched at the mass market.
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