Registered users can save articles to their personal articles list. Login here or sign up here

In China, Musk sure felt the love missing back home

It’s almost everything he’s been missing in the US after his infamous August 7 tweet

After a year to forget in the US, Elon Musk just had a few days to remember in China.

The Tesla Inc. boss swept through the country this week, kicking off construction at a factory near Shanghai, hanging with the premier and chowing down on hotpot in Beijing. The billionaire was fed, feted and shown a lot of love.

It’s almost everything he’s been missing in the US After his infamous August 7 tweet that he’d lined up funds for a Tesla buyout, Musk was fined $20 million, told to rein in his own social media and ordered to step down as chairman of the carmaker he founded. In the frenzied fallout, Musk gave a tearful account of the strain of leadership and his frequent use of sleeping pills.

This week was different.

The $5 Billion Field

First up, Musk boogied on January 7 as he celebrated the first spadeful of soil, figuratively at least, at Tesla’s proposed $5 billion plant on the outskirts of Shanghai. The beaming electric car entrepreneur was joined by local government leaders. Through the rain, Shanghai’s vice mayor said Musk and Tesla could make a fortune out of the muddy wasteland.

‘I Love China’

Two days later, Musk was chatting with Premier Li Keqiang in Beijing. The pair got on so well Li offered to make Musk a permanent resident. “I love China very much and I am willing to come here more,” Musk told him. Then a ‘China Green Card’ might be on its way, Li replied. With no end in sight to the US-China trade war, Li even said he hoped Musk could help stabilize relations.

Hotpot

Then Musk found time to eat at one of Beijing’s most famous hotpot restaurants, where food is flung into pots of boiling broth on the table.

© 2019 Bloomberg L.P

 

Get access to Moneyweb's financial intelligence and support quality journalism for only
R63/month or R630/year.
Sign up here, cancel at any time.

COMMENTS   1

To comment, you must be registered and logged in.

LOGIN HERE

Don't have an account?
Sign up for FREE

End of comments.

LATEST CURRENCIES  

USD / ZAR
GBP / ZAR
EUR / ZAR

Podcasts

GO TO SHOP CART

Follow us:

Search Articles:Advanced Search
Click a Company:
server: 172.17.0.2