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Musk's China trip and what it means for Tesla in the Asian market

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While counting on its fully autonomous cars to rejuvenate declining revenues and regain market traction, Tesla urgently needs access to Chinese data and customers.

Although Musk is interested in entering the Indian market, China appears to be his main priority for now. / Photo: Reuters, where he held high-level discussions over the deployment of his potentially game-changing Full Self-Driving software and the authorisation for data transfer abroad.

The American automaker has come under scrutiny from both sides as it tries to maintain an equilibrium between Washington and Beijing, all while its own fate hangs in this balance. Li Qiang highlighted in Sunday's meeting that Tesla's operations in China could serve as a successful example of economic cooperation between Washington and Beijing.

 

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