Elon Musk reportedly planning China visit, meeting with premier
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Tesla (NASDAQ:TSLA) CEO Elon Musk is finalizing plans to visit China as early as next month, according to Reuters.
The outlet indicated that the chief executive of the Austin-based automaker is eyeing a meeting with newly-named Premier Li Qiang. The meeting has yet to be confirmed, according to the outletâs sources. 
Musk visited China in 2019, with the Chinese Ministry of Industry and Information Technology and State Taxation Administration shortly after granting Tesla certain tax exemptions, which were also extended to new models in late 2022. Tesla is the only foreign automaker to wholly own its Chinese plant, as joint ventures were generally required in years prior. He then visited again in early 2020, just prior to the outbreak of COVID-19.
Li had previously served as Shanghai's party secretary, a key location for Tesla given its gigafactory in the city. 
Li had also attracted significant criticism for his harsh lockdown policies amid the COVID-19 pandemic, making his selection to succeed Li Kieqang as Premier earlier in March somewhat surprising. Li is seen as close to President Xi Jinping as the two had worked together in Zhejiang province earlier in their careers. Fellow Zhejiang colleague Cai Qi was also elevated to the Politburo Standing Committee of the Chinese Communist Party in late 2022, further suggesting the closeness of the Zhejiang faction, led by Xi himself.
Read more on Teslaâs reported plan to open a battery factory alongside Chinese giant CATL.