Chinese officials have reportedly cooled on Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), as a potential geopolitical asset due to his public fallout with President Donald Trump.
What Happened: In January, Chinese Vice President Han Zheng met with Musk in Washington, expressing Beijing’s hope that Musk would play a constructive role in U.S.-China relations, according to The Wall Street Journal. However, Musk’s response was reportedly lukewarm and due to his now strained relationship with Trump, Beijing no longer sees Musk as a valuable “geopolitical asset” and is unlikely to publicly engage with him.
