Home » World » Elon Musk predicts China will be the world’s largest economy and main market for Tesla

Elon Musk predicts China will be the world’s largest economy and main market for Tesla

Businessman and magnate Elon Musk says “China’s future will be great” and applauds the Asian country’s climate and economic goals.

Mars
25, 2021

2 min read

This article was translated from our spanish edition using AI technologies. Errors may exist because of this process.–

As Bill Gates published various predictions about the future business man Elon Musk also jumped on the prediction bandwagon. The tech mogul predicts that China will become the largest economy in the world and will be the main market of Tesla in terms of production and sales.

The CEO of SpaceX also predicts a very promising future for the Asian country:

“I would like to give an optimistic note and I am very sure that China’s future will be great and that China is on its way to becoming the world’s largest economy. Musk told the agency. Xinhua news .

“In the long term, China will be our biggest market, both where we will manufacture the most vehicles and where we will have the most customers”, added the billionaire, referring to the possibilities the country offers to Tesla its manufacturer of electric vehicles.

Elon Musk also applauded the goals set out in China’s economic and social plan agreed in early March. The document states that the most populous country in the world (with more than 1,400 million inhabitants), plans to reduce its carbon emissions by 18% by 2025 . Its goal is to achieve carbon neutrality from here 2060 .

“These targets are very aggressive. And I think they’re great. And I wish more countries had these goals Said the businessman.

In 2020 about a fifth of global income from Tesla (approximately $ 31.5 billion) came from China . Currently, its largest market is United States with $ 15.2 billion, according to data cited by The Wall Street Journal .

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