Elon Musk, the CEO of Tesla, arrived in Beijing on Sunday, April 28th, 2024. This visit comes shortly after he postponed his planned trip to India. China is a very important market for Tesla. After the United States, China is the main market. Musk was supposed to meet with Prime Minister Narendra Modi during his visit to India and unveil Tesla’s plans for entering the Indian market. However, he delayed the trip, citing prior commitments with Tesla.
According to reports, a Gulfstream private jet with the tail number N272BG registered to Falcon Landing, a company linked to SpaceX and Tesla, landed at Beijing Capital Airport on Sunday, as per the Chinese flight tracking app Flight Manager.
Another jet owned by Falcon Landing is called N628TS. This is Elon Musk’s main jet, and he used it for his last trip to China almost a year ago. Elon Musk met the Chinese government officials during the visit. Also, Musk visited Tesla’s factory in Shanghai.
Elon’s visit to China is happening at the same time as the Beijing auto show, which started last week and will end on May 4. Even though Tesla isn’t part of the big auto show in China this year, they were there in 2021. Recently, Tesla said they would make new and cheaper cars in their existing factories.
Because of this, it’s not clear if Tesla will build new factories in Mexico and India. Tesla wants to make more cars – about 50% more than last year, reaching almost 3 million cars, before they think about making new factories. This plan might not save as much money as they thought before, but Tesla says they can make more cars responsibly and without spending too much money, especially because the market is uncertain.
Elon Musk, the boss of Tesla and SpaceX, delayed his trip to India because he was very busy with Tesla work. His visit was going to start by the end of April 2024. Also, he was supposed to meet Prime Minister Narendra Modi. During this visit, he was going to talk about investing billions of dollars in India.
There were talks that Musk might invest $2-3 billion in India. This visit could have been a big deal for Tesla and Starlink, his satellite internet company.
