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Elon Musk told officials in Beijing that he is opposed to the US and China break...

 11 months ago
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Elon Musk told officials in Beijing that he is opposed to the US and China breaking down economic ties

Elon Musk said Model 3s will come out of China by the end of 2019 — here's why that's hard to believe
 Tesla has planned on making a huge entrance into 
Elon Musk said Model 3s will come out of China by the end of 2019 — here's why that's hard to believe
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Jennifer Sor
Thu, June 1, 2023, 9:03 AM GMT+9·2 min read
Elon Musk and China
Elon Musk's company seems to have found its biggest fans in China.Getty Images
  • Elon Musk told Beijing officials that he's against the US and China decoupling their economies.

  • In a visit to the country, he described the US and China as "conjoined twins," per a statement from China's foreign ministry.

  • That comes as US-China relations are under intense strain, raising concerns for firms with business in the country.

Elon Musk told officials in Beijing that he's opposed to the US and China weakening economic ties, according to the Chinese Foreign Ministry.

The Tesla CEO reportedly expressed his disapproval of China and the US decoupling economically, while meeting China's foreign, commerce, and industry ministers.

"The interests of the United States and China are intertwined like conjoined twins," Musk was quoted saying in a ministry statement on Wednesday.

China's foreign minister Qin Gang, meanwhile, told Musk that both countries needed to "keep the steering wheel in the right direction" in their relationship, emphasizing "mutual respect" and "win-win cooperation."

"China always welcomes business figures from all countries, including Mr. Musk, to visit China for a deeper understanding of the country and mutually beneficial cooperation," a foreign ministry spokesperson said at a press conference on Tuesday. "We welcome foreign companies to invest and do business in China, explore the Chinese market and share in development opportunities.

Musk's private jet landed in Beijing on Tuesday, marking the billionaire's first visit to China in nearly three years. That comes as US-China tensions reach a potential breaking point, with Chinese officials expressing fury in recent months over US politicians' show of support for Taiwan and Congress's heated questioning of TikTok's CEO over security concerns.

US lawmakers are reportedly considering limits on US investment in Chinese firms, which caused China to suggest it could retaliate if its companies continue to face harsh treatment in the US.

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