As the U.S. presidential election approaches, Elon Musk, CEO of Tesla, is reportedly in discussions with former President Donald Trump about potentially taking on an advisory role if Trump is reelected. These talks have included topics such as economic and border security, technology, science, immigration, and initiatives to prevent voter fraud. Musk has been in regular contact with Trump, and they have met to discuss Musk’s potential contributions to Trump’s policies. Musk has also been campaigning to influence powerful American business leaders against supporting President Joe Biden’s reelection. The conversations are still in the preliminary stages, and Musk has not made a formal endorsement in the election.In business news, Tesla is preparing to launch its full self-driving software in China, a significant move as the company seeks to expand its presence in the Chinese market. Additionally, Musk has hinted at a new, more affordable Tesla model that could be released later this year, with the possibility of an updated version of the Model 3. This comes as Tesla aims to reclaim its position as the world’s largest electric car manufacturer amid competition from Chinese-owned BYD, which has surpassed Tesla in global EV sales. BYD’s new hybrid powertrain technology and affordable pricing have set a high bar in the EV market, challenging Tesla’s dominance.
Key points
- Elon Musk is in discussions with Donald Trump about an advisory role focusing on economic and border security if Trump wins the election.
- Tesla is set to launch its full self-driving software in China, marking a significant expansion in the market.
- Musk hints at a more affordable Tesla model potentially coming later this year.
- BYD has overtaken Tesla in global EV sales with its new hybrid powertrain technology and competitive pricing.
Contradictionsđź‘ľWhile Musk is reported to be considering an advisory role in a potential Trump administration, the details and confirmation of such a position remain uncertain.
