Tesla boss Elon Musk has made a surprise visit to Beijing as he looks to woo officials over self-driving cars.
In a meeting with Chinese Premier Li Qiang last night, Musk said the electric car maker was willing to cooperate to ‘achieve more win-win results’.
It comes as the Tesla chief aims to launch its self-driving cars in China and convince officials to transfer data collected in the country abroad to train algorithms.
Musk has previously tried to calm the Chinese authorities by establishing a data centre in Shanghai.
But the trip comes just days after US regulators said a three-year-long investigation into Tesla’s autopilot mode had identified at least 13 crashes in which the feature had been involved.
Related Articles
HOW THIS IS MONEY CAN HELP
Dan Ives, tech analyst at Wedbush, said the meeting was a ‘watershed moment’ for the US company, which has suffered with slowing electric vehicles sales prompting the firm to cut 10 per cent of its 140,000 global workforce.
Tesla shares have slumped by over a third since the start of 2024.
Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence.