Why did Elon Musk make a surprise visit to China

Elon Musk make a surprise visit to China

Tesla CEO Elon Musk suddenly reached China by riding his private jet and there he met Premier Li Qiang. China is the second largest market in terms of electric vehicles and hence there is a lot of speculation due to Tesla CEO going there.

Chinese media are reporting that tech entrepreneurs invited to boost international trade have discussed data and technology related to electric vehicles.

Elon Musk himself has arrived in Beijing to discuss the rollout of full self-driving software in China and to seek approval to transfer data collected in the country abroad to train algorithms for his automated driving technology. Tesla faces a price war with Chinese brands in the electric vehicle market.

According to Reuters, Tesla has been storing all the data collected by its Chinese subsidiary since 2021 in Shanghai as required by the Chinese and has not transferred it to the US. The U.S. EV maker released the most autonomous version of its autopilot software 4 years ago.

Version FSD was launched but despite the requests of the customers, it has not been made available in China yet Due to these two main reasons, Elon Musk has reached Beijing where big announcements can be made after his meeting.

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before china Elon Musk was scheduled to visit India but he postponed the trip and now he has reached China. He was supposed to meet Prime Minister Narendra Modi in India and announce plans to enter the Indian market but all this is currently postponed. Apart from India, Tesla is also planning to open its factories in Mexico.

But Tesla’s new strategy is that instead of building new factories in India and Mexico, they will try to make cheaper vehicles by developing Tesla’s existing factories in China, US and Europe etc.

Now, Indian EV car manufacturing companies have the opportunity to capture the Indian market by innovating and creating excellent and affordable products.

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