Tesla boss Elon Musk made a surprise visit to Beijing as he seeks to court officials over self-driving cars.
In a meeting last night with Chinese Premier Li Qiang, Musk said the electric car maker was willing to cooperate to “achieve more win-win results.”
It comes as the Tesla boss aims to launch its self-driving vehicles in China and convince officials to transfer data collected in the country to train algorithms abroad.
On a mission: Tesla boss Elon Musk made surprise visit to Beijing as he seeks to woo officials
Musk had already tried to appease Chinese authorities by setting up a data center in Shanghai.
But the trip comes just days after US regulators said a three-year investigation into Tesla’s Autopilot mode had identified at least 13 crashes in which the feature had been involved.
Dan Ives, a technology analyst at Wedbush, said the meeting was a “watershed moment” for the U.S. company, which has suffered from slowing sales of electric vehicles, prompting the company to cut 10 percent of its workforce. global labor force of 140,000.
Tesla shares have plummeted by more than a third since the beginning of 2024.