Despite the so-called overcapacity hype, Tesla CEO Elon Musk made a visit to China on Sunday, showcasing the resolve of the world-leading electric car maker to develop in the Chinese market, its second-largest.
Tesla CEO Elon Musk arrived in Beijing on Sunday at the invitation of the China Council for the Promotion of International Trade (CCPIT). Ren Hongbin, president of the CCPIT, met with Musk and engaged in discussions regarding future cooperation, according to China Media Group.
Chinese Commerce Minister Wang Wentao and Minister of Industry and Information Technology (MIIT) Jin Zhuanglong met with Tesla CEO Elon Musk in Beijing on Wednesday, exchanging views on China-US economic and trade cooperation as well as the development of new-energy vehicles (NEVs).