Hyperdrive
Musk Makes Surprise China Visit in Search of Tesla Revenue Boost
- CEO is seeking the regulatory nod for driver-assistance system
- Revenue fell to lowest since early 2022 in the first quarter
WATCH: Elon Musk met with Chinese Premier Li Qiang in Beijing on Sunday during his unannounced trip to China.
Source: CCTV via APTNTesla Inc.’s Elon Musk made an unannounced trip to China on Sunday, seeking approval for driver-assistance software that could help arrest the carmaker’s revenue decline.
The Tesla chief executive officer met with Premier Li Qiang, who as the Chinese Communist Party secretary for Shanghai helped the company set up what is now its top plant globally.