Source: SCMP — China Business
Gigafactory stakes and a push for self-driving software approval cast the billionaire as a key US envoy while seemingly sealing a reconciliation with Trump The Tesla and SpaceX chief’s presence alongside Trump for meetings with President Xi Jinping adds a distinctive commercial and personal layer to a diplomatically delicate trip. “Musk’s inclusion in Trump’s China delegation has indeed come as a surprise to many,” said Bai Wenxi, chief economist at China Enterprise Capital Union (CECU). Bai suggested that the move signals Washington’s effort to ease tensions by prioritising commercial interests, recognising that progress – including on issues such as Taiwan, tariffs and artificial intelligence controls – requires leveraging business figures deeply embedded in the Chinese market. Musk’s local standing was most visibly cemented with the rise of Tesla’s Gigafactory in Shanghai – the firm’s first wholly foreign-owned automotive plant in China. The facility was approved unusually quickly and became a flagship project in Beijing’s broader push to signal openness to advanced manufacturing and global capital.
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