NgospelMedia.Net is The No. 1 International Urban Gospel Media Website, The Largest Repository of Your Favorite Gospel Entertainment Website, Worldwide, Nigeria. We Published Latest Nigerian and Foreign Gospel Music Downloads, Videos; Lyrics, Artiste Biography, Daily Devotionals. NgospelMedia is mainly a Christian Website, as the Domain Name Speaks; Gospel; Which is also tagged as a Gospel On-line Ministry for Souls Winning... 

Elon Musk cozies up to China as Tesla faces scrutiny over security


- Advertisement -

Tesla CEO Elon Musk is cozying up to China as the electric-car maker faces growing scrutiny in one of its most important markets.

The world’s second-richest man reportedly sang Beijing’s praises in a recent interview with state-run China Central Television as he tried to quell security concerns about Tesla’s cars.

In the interview released Tuesday, Musk said China would eventually become Tesla’s biggest market in terms of both the number of customers and vehicles produced there, state media reported.

He also applauded the Beijing’s goals for slashing carbon emissions over the next several decades, reports said.

“China is headed toward the biggest economy in the world, and a lot of prosperity in the future,” Musk said, according to China Daily, a Chinese Communist Party-backed outlet.

The interview came after Beijing reportedly restricted military staff and employees of certain state-owned companies from using Tesla’s vehicles over concerns about the cars’ cameras.

Chinese officials raised concerns that the cameras could record nonstop and collect data on where, when and how the vehicles are used, according to The Wall Street Journal. Officials fear some of the data could be sent to the US, echoing American concerns about Chinese-made telecom gear potentially spying for Beijing, the paper reported Friday.

Musk quickly tried to tamp down the concerns, telling a Chinese forum on Saturday that his automaker would get shut down “if Tesla used cars to spy in China or anywhere.”

Musk’s efforts underscore the importance of China to the future of Tesla’s business. The country accounted for about a fifth of the Silicon Valley company’s sales last year as Tesla has ramped up production at the Shanghai “Gigafactory” that produces its Model 3 sedan and Model Y SUV.

Before the camera concerns arose, Tesla had to recall thousands of vehicles in China over concerns about their touch-screen displays and reported suspension problems.

Tesla shares were down 0.2 percent at $668.66 as of 12:43 p.m. Tuesday.

With Post wires

- Advertisement -

Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

- Advertisement -

- related posts -

0 0 vote
Article Rating
Notify of
Inline Feedbacks
View all comments

NgospelMedia.Net and its partners uses cookies and similar technology to collect and analyze data information about the users of this website. We use this information to enhance the content, advertising and other services available on the site. Accept Read More

Share via
Would love your thoughts, please comment.x

Send this to a friend