Shannon Brandao
(Right Click on Article's Hyperlink Above to Open Article in a New Tab...)
"Bloomberg [excerpt]: The cozy relationship between #ElonMusk’s #Tesla Inc. and #China was on display again on Wednesday when President #XiJinping expressed support for the US carmaker in China and Musk in turn expressed his gratitude for that warm reception.
According to a Weibo post from Tesla’s official China account, Musk, the CEO of Tesla, attended a banquet on the evening of Nov. 15 to welcome Xi, who’s in San Francisco to meet and hold talks with US President Joe Biden as part of this week’s Asia-Pacific Economic Cooperation leaders’ meetings.
At the dinner, Xi 'met with Elon Musk and other important representatives in a small gathering, showing support for Tesla’s development in China,' the post said.
'Musk expressed gratitude and applauded the fast growth of China’s new-energy vehicle sector,' Tesla’s Weibo post said, noting that this year marks the 10th anniversary of Tesla’s entry into China and its factory in Shanghai, built in 2019, has 'become a crucial production and export hub for Tesla.'[...]"
#News #geopolitics