Elon Musk-Xi Jinping Meeting Shows Tight Relationship China Has With Tesla
The cosy relationship between Elon Musk's Tesla Inc. and China was on display again on Wednesday when President Xi Jinping expressed support for the US electric 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.”
“We are very honored to be part of the fast growth and hope to express our sincere gratitude to the encouragement and support from all friends,” it continued. “We will continue to dive deep in China.”
Xinhua News Agency earlier reported that Musk said Tesla's business in China is going “very well” and he's “very happy” with its progress, citing an interview with the world's richest man.
While other parts of Musk's empire, notably SpaceX and its Starlink satellites that offer high-speed internet access, have received a frosty reception — Beijing doesn't allow SpaceX to provide web access to Chinese users via Starlink — Tesla has experienced an altogether different welcome.
The US automaker has enjoyed perks in China — the world's biggest car
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