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Tesla CEO Elon Musk praises Chinese carmaker

Tesla CEO Elon Musk described Chinese automakers as “the most competitive in the world” in a pre-recorded question and answer session at the World New Energy Vehicle Conference in Hainan, China, on Friday. Praised.

Musk is a great complement to the country that is essential to his electric car company, and comments were made when Tesla was trying to improve its reputation in China.

“We have a lot of respect for the many Chinese automakers that have driven these (EV) technologies,” Musk said. In a three-minute appearance, Musk said Chinese automakers are the best in software and “shape the future of the auto industry.”

Tesla’s Chinese electric vehicle manufacturer competitors include companies such as Nio and Xpeng.

The company began construction on a major factory in Shanghai in 2019 and was considered a poster child of Beijing’s attempt to show that it is allowing more foreign companies to enter the relatively closed market.

However, negative coverage of China’s Tesla has increased over the past year. One notable incident occurred in April when a woman claiming to be a Tesla customer protested at the Shanghai Motor Show allegedly a brake failure in her car. The video of the incident became a hot topic on Chinese social networks, And state media Tesla said it had an “arrogant and intimidating stance” in China.

We are also faced with a scrutiny of privacy and regulations regarding a small number of recalls in China.

“Tesla is well aware of the seriousness of the PR crisis facing China,” said JL Warren Capital, a equity research firm focused on Chinese and US companies with significant exposure in China this year. I wrote it at the beginning of summer. According to Bloomberg, Tesla also tried to contact Chinese social media influencers to remove or withdraw important posts, including those by prominent car experts.

Tesla sold 44,264 Chinese-made cars in August, of which 31,379 were for export. This was an increase from 32,968 Chinese cars sold in July and 33,155 sold in June.

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Tesla CEO Elon Musk praises Chinese carmaker

Source link Tesla CEO Elon Musk praises Chinese carmaker

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