No American business leader has more visibly and lavishly supported President-elect Donald Trump than Elon Musk -- and few if any have a more complex relationship with China , a country that Trump has vowed to confront with higher tariffs and other measures. Assembly Election Results Maharashtra Election Result 2024 Live Updates Jharkhand Election Results 2024 Live Updates Bypolls Election Result Live Updates Musk has a lot on the line. His best-known company, electric vehicle maker Tesla, makes half its cars in China.
Tesla sells more cars in China than anywhere except the United States, and his local competition is getting stronger. Chinese regulators have not yet allowed Tesla to offer its latest assisted-driving and self-driving car technology, while allowing Chinese automakers to race ahead with similar systems. Musk has personally appealed to China's premier, Li Qiang, for permission to proceed with what Tesla calls Full Self-Driving as the company's market share in China has dwindled.
Some experts have suggested that Beijing may be able to turn Musk into an influential ally in trying to persuade Trump to take a more conciliatory approach on trade. "When Chinese leaders have an important message to convey to President Trump, Elon Musk would clearly be the best conduit," said Michael Dunne, a longtime China automotive consultant now based in San Diego. Competition from China is getting tougher.
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