Elon Musk china – pressnews

Elon Musk-Xi Jinping Meeting Shows Tight Relationship China Has With Tesla

16Nov

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Elon Musk-Xi Jinping Meeting Shows Tight Relationship China Has With Tesla

[ad_1] The cosy relationship between Elon Musk's Tesla Inc. and China was on display again on Wednesday when President Xi Jinping expressed support for the US electric carmaker in China and Musk in turn expressed his gratitude for that warm reception.According to a Weibo post from Tesla's official China account, Musk, the CEO of Tesla, attended a banquet on the evening of Nov. 15 to welcome Xi, who's in San Francisco to meet and hold talks with US President Joe Biden as part of this week's Asia-Pacific Economic Cooperation leaders' meetings. At the dinner, Xi “met with Elon Musk and other important representatives in a small gathering, showing support for Tesla's development in China,” the post said. “Musk expressed gratitude and applauded the fast growth of China's new-energy vehicle s...

Digital superintelligence could take over China? Know what Elon Musk said

14Jul

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Digital superintelligence could take over China? Know what Elon Musk said

[ad_1] Billionaire Elon Musk recently expressed his belief that China stands alongside humanity when it comes to artificial intelligence (AI). He stated that China would be open to collaborating with the international community to establish common guidelines for this transformative technology, which he refers to as a "civilisational risk."Musk also underlined the threat that AI poses to China. The Tesla CEO says he told the Chinese leadership that if they create some kind of a Digital superintelligence, then it could very well take over the Communist Party itself and through this powerful platform, even China itself. “No government wants to find itself unseated by a digital superintelligence,” Musk said. He added that this point actually hit its mark and the Chinese authorities took not...

5 things about AI you may have missed today: China warns of AI risks, Elon Musk as Indian groom and more

31May

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Technology

5 things about AI you may have missed today: China warns of AI risks, Elon Musk as Indian groom and more

[ad_1] The field of artificial intelligence is one of huge extremes. While on one end, companies like Google and Microsoft are rolling out AI products virtually every day, on the other hand, major protests are taking place that want the rise of AI to be halted. And these protests include major AI researchers including the father of AI Geoffrey Hinton and the man that started the AI craze, the founder and CEO of OpenAI Sam Altman. In a development to the protests, today China also called for security measures against AI, highlighting its risks. In a separate, lighter vein, a digital artist used AI to reimagine Elon Musk as an Indian groom. This and more in our daily AI roundup. Let us take a look.China warns of AI risksThe ruling party of China, the Chinese Communist Party, called for ma...

Tesla New Battery Plant Cements China’s Place in Energy Storage

10Apr

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Tesla New Battery Plant Cements China’s Place in Energy Storage

[ad_1] Tesla Inc. will build a large new battery factory in Shanghai, further cementing China's place at the top of the global energy storage supply chain.The US electric car pioneer will manufacture its Megapack large-scale energy-storage unit in the new facility, which adds to its factory for EVs in Shanghai. The company led by Elon Musk, who is said to have visited China last weekend, made the announcement at a signing ceremony for the project in Shanghai on Sunday. Tom Zhu, Tesla's senior vice president of automotive, and Shanghai government officials including Vice Mayor Wu Qing attended, with Tesla Vice President Tao Lin signing the contract. Construction is scheduled to begin in the third quarter of this year and the plant will commence production in the second quarter of 2024, t...

Elon Musk to Visit China This Weekend With Possible Tesla Plant Stop

9Apr

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Elon Musk to Visit China This Weekend With Possible Tesla Plant Stop

[ad_1] Elon Musk will be in China for a visit from Saturday, with a possible stop at Tesla Inc.'s Shanghai factory, according to people familiar with the plans.The billionaire's schedule is expected to include a meeting with local Shanghai authorities, the people said, declining to be identified because the trip hasn't been disclosed publicly. The plans are fluid and may still change, they said. Tesla did not respond to a request for comment on Musk's visit outside of regular business hours. Musk's visit would come at a time of heightened tensions between China and the U.S. over everything from an alleged Chinese spy balloon being shot down over American skies to Beijing's partnership with Russian President Vladimir Putin amid his country's war in Ukraine.Musk is traveling with Tom Zhu,...

Nitin Gadkari, Elon Musk, China and India: What he said

9Dec

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Nitin Gadkari, Elon Musk, China and India: What he said

[ad_1] Union Minister Nitin Gadkari said if Tesla founder Elon Musk wants to manufacture in India, then he is welcome. Union Minister Nitin Gadkari said if Tesla founder Elon Musk wants to manufacture in India, then he is welcome. "If the manufacturing happens in China than in India, they will not get concession for marketing. If they do manufacturing in India, in any state, then they will be benefited," the minister stressed. American electric carmaker Tesla, which has been seeking reduction in import duties to sell its vehicles in India, will not manufacture its products locally unless it is allowed to first sell and service its cars in the country, Musk had earlier said. Union minister Nitin Gadkari on Friday said he is an avid foodie and the first serious thought that comes t...

Elon Musk Brings Tesla’s China Chief to Texas to Run Gigafactory

8Dec

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Elon Musk Brings Tesla’s China Chief to Texas to Run Gigafactory

[ad_1] Elon Musk has tapped a longtime Tesla Inc. executive in China who oversaw construction of the Shanghai gigfactory to help run the plant in Austin, Texas. Elon Musk has tapped a longtime Tesla Inc. executive in China who oversaw construction of the Shanghai gigfactory to help run the electric carmaker's newest plant in Austin, Texas, people familiar with the matter said. Tom Zhu, who joined Tesla in 2014 to help build its Supercharger network and most recently has been heading the carmaker's Asia Pacific operations, is in Austin this week and has brought some of his engineering team from China with him to assist in overseeing the ramp up of Giga Texas — a US hub for the Model Y and future production of the Cybertruck — the people said, asking not to be identified because they...

Elon Musk says he takes Kanye’s Half Chinese comment as compliment

5Dec

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Elon Musk says he takes Kanye’s Half Chinese comment as compliment

[ad_1] Elon Musk has responded to the remark made by Kanye by saying he takes that as a compliment. After the suspension of his Twitter account, Kanye West called Elon Musk "half Chinese", which created a massive furore over social media. Now, Elon Musk has responded to the remark made by Kanye by saying he takes that as a compliment! On Monday, Kanye took to Instagram and wrote, "Am I the only one who thinks Elon could be half Chinese? Have you ever seen his pics as a child? Take a Chinese genius and mate them with a South African supermodel and we have an Elon." He continued, "I say an Elon because they probably made 10 to 30 Elons and he is the first genetic hybrid that stuck..Well let's not forget about Obama." Kanye added, "I'm sorry for using curse words in church but I ...

Tesla Cuts China Prices, Partly Reversing Previous Increases

24Oct

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Tesla Cuts China Prices, Partly Reversing Previous Increases

[ad_1] Tesla Inc. cut the price of its cars in China by about 5% as it ramps up production at its Shanghai factory. Tesla Inc. cut the price of its cars in China by about 5% as it ramps up production at its Shanghai factory, partly reversing price hikes imposed earlier this year. The US-based electric vehicle pioneer lowered the price of its locally-built basic Model 3 to 265,900 yuan ($36,774) from 279,900 yuan effective Monday, its website shows. The starting price of a Model Y SUV was cut to 288,900 yuan from 316,900 yuan. The cuts come as Tesla faces hotter competition from local EV makers such as BYD Co., which sold a record 200,973 vehicles last month, and upstarts like Nio Inc. and Xpeng Inc., which are expanding their line-ups. Domestic automakers accounted for almost 80%...

Elon Musk Taps His Inner Trump in Twitter Machinations

11Oct

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Elon Musk Taps His Inner Trump in Twitter Machinations

[ad_1] It’s all fun and games until a judge gets involved and the reality of consequences starts to set in. Maybe Elon Musk will acquire Twitter Inc. before a court-appointed Oct. 28 deadline to complete the $44 billion acquisition rolls around. Maybe the price of Tesla Inc.'s shares, currency that Musk may need to rely on to help pay for the deal, will bounce back from a grinding downturn. Maybe the seven banks that have arranged a $13 billion loan — and stand to lose as much as $500 million on the transaction — will hang tough. Maybe the coalition of rich guys and venture capitalists who promised to chip in $7 billion to support Musk's bid will stick around. That's a lot of maybes, however, even for an entrepreneur accustomed to vaulting past expectations while also peddling ill-...