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[1/2] Tesla Chief Executive Officer Elon Musk walks next to Tesla's Senior Vice President Tom Zhu and Vice President Grace Tao as he leaves a hotel in Beijing, China May 31, 2023. REUTERS/Tingshu Wang/File PhotoHONG KONG, June 1 (Reuters) - Tesla Inc (TSLA.O) CEO Elon Musk met with Chinese Vice Premier Ding Xuexiang on Wednesday afternoon in Beijing, a source familiar with the matter said. It was not immediately clear if Musk met Li Qiang during the trip. Tesla had previously sought a meeting for Musk with Li, Reuters reported in March. Musk left Shanghai on Thursday morning, wrapping up a two-day trip to China in which he also met a key battery supplier and visited Tesla's Shanghai factory.
Persons: Elon Musk, Tom Zhu, Grace Tao, Tingshu Wang, Ding Xuexiang, Tesla, Ding, Xi Jinping, Li Qiang, Musk, Li, Julie Zhu, Zhang Yan, Brenda Goh, Sophie Yu, Edwina Gibbs Organizations: Tesla, Tesla's, REUTERS, Tesla Inc, State, Information Office, Reuters, Thomson Locations: Beijing, China, HONG KONG, Shanghai, Tesla's Shanghai
Elon Musk wraps up whirlwind China trip
  + stars: | 2023-06-01 | by ( ) www.reuters.com   time to read: +1 min
SHANGHAI, June 1 (Reuters) - Tesla Inc (TSLA.O) Chief Executive Elon Musk departed Shanghai Thursday morning, wrapping up a two-day trip to China in which he met government ministers, a key battery supplier and visited the automaker's biggest production hub. Photos of Musk's visit to Tesla's Shanghai factory late Wednesday showed him holding up a "Giga Shanghai" sign, flanked by hundreds of staff including head of global manufacturing Tom Zhu. "A very rewarding day!," Grace Tao, Tesla's China-based public affairs chief, said in a social media post with the photos. Earlier in the trip, Musk met with China's foreign, commerce and industry ministers in Beijing where he also dined with the chairman of battery supplier Contemporary Amperex Technology Co Ltd (CATL) (300750.SZ). The industry ministry only said Musk and its head exchanged views about development of electric vehicles and connected cars; the commerce ministry announced he discussed Tesla's development in China with its minister.
Persons: Elon Musk, Tom Zhu, Grace Tao, Musk, Brenda Goh, Zhang Yan, Nicoco Chan, Edwina Gibbs Organizations: Tesla Inc, Amperex Technology Co, U.S ., Thomson Locations: SHANGHAI, Shanghai, China, Beijing, U.S, Shanghai's Hongqiao, Austin , Texas
Elon Musk's surprise trip to China ended with burgers and soft drinks for Tesla staff in Shanghai. His trip was showcased on Twitter by Chinese state media. Elon Musk completed his whistle-stop tour of China by treating workers at Tesla's Shanghai plant to burgers and soft drinks, with his visit being showcased on Twitter by China's state-affiliated media. A video published online by Tesla's China team, seen by Insider, showed Musk delivering a speech to a crowd of workers at his Shanghai plant. Elon Musk visited workers at Tesla's Shanghai gigafactory after first China trip in three years.
Persons: Elon Musk's, Elon Musk, Tesla's, China Grace Tao, Grace Tao, Weibo Musk, Jack Ma, Zeng Yuqun, Tesla, Musk Organizations: Twitter, Bloomberg, Tesla's, Global Times, Communist Party's, Shanghai gigafactory Locations: China, Shanghai, Tesla's China, Beijing
[1/2] Tesla Chief Executive Officer Elon Musk walks next to Tesla's Senior Vice President Tom Zhu and Vice President Grace Tao as he leaves a hotel in Beijing, China May 31, 2023. REUTERS/Tingshu WangSHANGHAI, June 1 (Reuters) - Elon Musk's private jet is scheduled to leave Shanghai on Thursday morning and head to Austin, Texas, data from flight tracking provider Variflight show. The Tesla (TSLA.O) CEO arrived in Shanghai on Wednesday night and visited the U.S. automaker's plant in the financial hub and met with workers, according to photos posted by Tesla's China-based public affairs chief Grace Tao on her Weibo account. Tesla did not immediately respond to a request for comment on Musk's planned departure. Reporting by Brenda Goh and Zhang Yan; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.
Persons: Elon Musk, Tom Zhu, Grace Tao, Wang, Elon, Tesla, Musk's, Brenda Goh, Zhang Yan, Tom Hogue Organizations: Tesla, Tesla's, REUTERS, Thomson Locations: Beijing, China, Wang SHANGHAI, Shanghai, Austin , Texas, Tesla's China
[1/2] Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. REUTERS/Tingshu WangBEIJING, May 31 (Reuters) - Tesla Inc (TSLA.O) CEO Elon Musk kicked off his second day in China with visits to the country's commerce ministry and industry ministry. Musk left his hotel on Wednesday morning accompanied by Grace Tao, Tesla's China-based public affairs chief and Tom Zhu, head of global manufacturing. He next visited the Ministry of Industry and Information which has regulatory oversight of the automotive industry. Tesla and the ministries did not immediately reply to a request for comment on discussions with Musk.
Persons: Elon Musk, Tingshu Wang, Musk, Grace Tao, Tom Zhu, Wang Wentao, Tesla, Qin Gang, Zeng Yuqun, CATL, Martin Pollard, Josh Arslan, Wang Tingshu, Joe Cash, Zhang Yan, Brenda Goh, Edwina Gibbs Organizations: Tesla, REUTERS, Tesla Inc, Ministry of Industry, Foreign, Thomson Locations: Beijing, China, Tingshu Wang BEIJING, Shanghai, United States
Photos from the visit show Musk's private jet landing and the Tesla CEO's 16-course meal. Elon Musk touched down in China for the first time in three years on Tuesday — a key trip for the Tesla chief. Musk met with Chinese Foreign Minister Qin Gang. Musk is one of several US CEOs to visit China in recent months. Some analysts have hailed Musk's visit to China as a positive sign.
Persons: Elon Musk, Musk, Elon, Tingshu Wang, Ma, Jack Ma, Tom Zhu, Grace Tao, Qin Gang, Qin, he's, Zeng Yuqun, Fu Yan, Jin Zhuanglong, Tesla, CNBC's David Faber, Li Keqiang, Li Qiang, Dan Ives Organizations: Morning, Tesla, Twitter, REUTERS, Reuters, Tesla's, Beijing REUTERS, Chinese Ministry of Commerce, Foreign, China's Ministry of Foreign Affairs, Amperex Technology, Weibo, Associated Press, Apple, Getty Locations: China, Beijing, Austin , Texas, Anchorage , Alaska, People's Republic of China, Shanghai
Elon Musk visits China's commerce ministry
  + stars: | 2023-05-31 | by ( ) www.cnbc.com   time to read: +1 min
Chinese State Councilor and Foreign Minister Qin Gang meets Tesla Chief Executive Officer Elon Musk in Beijing, China, in this handout image released by China's Ministry of Foreign Affairs May 30, 2023. Tesla CEO Elon Musk kicked off his second day in China with a visit to the country's commerce ministry on Wednesday morning. A day earlier, he met with Chinese Foreign Minister Qin Gang. Tesla and CATL did not respond to requests for comment on the meeting or on Musk's plans in China. He declined to comment at the hotel when questioned by reporters about the aim of his trip, Tesla's prospects in China and plans for Tesla's plant in Shanghai.
Persons: Qin, Elon, Elon Musk, Qin Gang, Zeng Yuqun, CATL, Musk, Tesla's, Grace Tao, Tom Zhu Organizations: Qin Gang, China's Ministry of Foreign, Foreign, CATL Locations: Beijing, China, Tesla's China, Shanghai, U.S
[1/5] Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. REUTERS/Florence LoSummarySummary Companies Tesla price cuts have jumpstarted sales in world no. Most immediately, Tesla's January price cuts drove deliveries of its China-made vehicles up 18% from December. From 15% in 2020, its share of the China EV market fell by a third to just 10% in 2022, according to data from the CPCA. After the latest price cuts, the Model 3 starts at about $34,000 and the Model Y at $38,000.
Hong Kong CNN —Tesla has slashed car prices in China for the second time in less than three months, in an effort to boost sales amidst slowing demand in the world’s largest car market. The electric vehicle maker cut prices for all versions of its China-made Model 3 and Model Y on Friday, according to its website. This is the second price cut since October 24, when Tesla (TSLA) reduced the prices of Model 3 and Model Y by as much as 9.4%. “Tesla’s price cuts are backed by innumerable engineering innovations,” said Grace Tao, Tesla’s vice president for external relations in China, on her Weibo account on Friday. Tesla’s price cuts come days after Beijing ended a 13-year-long subsidy for electric vehicle purchases on December 31, a move that is expected to put further pressure on car demand.
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