Elon Musk, the billionaire CEO of Tesla Inc., talked to Chinese President Xi Jinping in San Francisco and thanked him for China’s commitment to developing electric vehicles (EV).
Musk attended the event for American business leaders held by Xi Jinping at the Hyatt Regency in downtown San Francisco on Wednesday. While Musk attended the event, he did not stick around for dinner. However, he did make time for a one-on-one meeting with Xi.
This is according to Tesla’s account on Weibo, a Chinese social media platform.
“President Xi met with Musk and other important representatives at a small-scale reception before the meeting to express his support for Tesla’s development in China,” Tesla wrote on Weibo.
“Musk expressed his gratitude and appreciated the rapid development of China’s new energy vehicle industry. This year marks the tenth year of Tesla’s entry into the Chinese market, and Tesla’s Shanghai Super Factory, which was completed and put into operation in 2019, has become Tesla’s important global production base and export center.”
May there be prosperity for all pic.twitter.com/AwLquaACdO
— Elon Musk (@elonmusk) November 16, 2023
“We are honored to participate in the rapid development of China’s new energy vehicle industry, and sincerely thank our friends for their care, encouragement and support. We will continue to work in China and look forward to developing with the industry in more fields such as new energy vehicles, energy storage and artificial intelligence.”
Xi spent a good amount of time speaking directly to the American people and their concerns, rather than US-China commercial relations.
“I would like to let you know that China sympathizes deeply with the American people, especially the young, for the sufferings that fentanyl has inflicted upon them,” Xi told the business leaders. Biden and Xi had earlier made an agreement to crackdown on fentanyl production.
Musk traveled to China in Spring 2023 for a three-day trip, during which he was showered with praise and called “a pioneer,” “Brother Ma,” and “a global idol” on Chinese social media. He met in person with China’s Foreign Minister, Commerce Minister, and Industry Minister, as well as the Chairman of top battery supplier Zeng Yuqun.
At the time, Musk also visited Tesla’s Shanghai mega-factory which opened in 2019 following China’s easing of restrictions on car ownership. It is the company’s largest manufacturing plant outside America.