Bloomberg characterised Beijing’s consideration of a potential Musk transaction as “nonetheless preliminary,” noting that Chinese language officers have but to achieve a consensus on easy methods to proceed.
Musk is a detailed ally of Trump and is predicted to play an influential function in Washington within the coming 4 years.
He additionally runs the electrical automotive firm Tesla, which has a significant manufacturing unit in China and counts the nation as one of many automaker’s greatest markets.
Trump has repeatedly threatened to enact new tariffs on Chinese language items, which might broaden a commerce warfare begun in his first time period and which was largely upheld, and in some instances supplemented, by outgoing President Joe Biden.
