Tesla CEO Elon Musk hosted Argentine President Javier Milei at the electric vehicle giant’s headquarters in Austin, Texas, on Friday, where the pair reportedly agreed to work together to promote free markets and discussed potential lithium projects.
The Wall Street Journal reported this was the first face-to-face meeting between the pair, who have praised each other on Musk’s social media platform, X, for months.
Argentina’s incoming ambassador to the United States, Gerardo Werthein, told local media that Musk and Milei discussed lithium, the ultra-light metal seen as key for the rechargeable batteries needed for future fleets of electric vehicles.
Ticker Security Last Change Change % TSLA TESLA INC. 171.05 -3.55 -2.03% ELON MUSK SAYS REUTERS ‘LYING’ IN REPORTING TESLA SCRAPPED PLAN FOR LOW-COST CAR “We talked about the investment opportunities in Argentina in lithium.
We’re very committed not only to exporting raw materials but also to adding value,” Werthein said in comments published by newspaper La Nacion.
ARGENTINA’S MILEI WARNS WEF TO REJECT SOCIALISM, SAYS ‘WESTERN WORLD IS IN DANGER’ Argentina can help Musk, too.
Tesla, Inc. Melei was elected president of Argentina in November, rising from relative obscurity as a self-proclaimed “anarcho-capitalist” with the promise to slash government spending in the inflation-plagued nation.
Shares of Tesla have lost over 30% this year.
At the electric vehicle giant’s Austin, Texas, headquarters on Friday, Elon Musk, the CEO of Tesla, welcomed Argentine President Javier Milei. There, they reportedly discussed potential lithium projects and decided to collaborate on advancing free markets.
This was the first time the two met in person, according to The Wall Street Journal. They have been praising one another for months on Musk’s social media platform, X. The Journal called their bond a “bromance.”. “.
According to local media, Milei and Musk talked about lithium, the ultra-light metal that is thought to be essential for the rechargeable batteries required for future fleets of electric vehicles. Gerardo Werthein, Argentina’s incoming ambassador to the United States, was informed of this.
Security Ticker Last Change Percentage TSLA TESLA INC. 171-05-05, -3-55, -2-03 percent.
ELON MUSK CLAIMS REUTERS ARE “LYING” ABOUT THE TESLA SCRAPPED PLAN FOR AN INDIVIDUAL CAR.
“We discussed the lithium investment opportunities in Argentina. dot . In remarks that were published by the newspaper La Nacion, Werthein stated, “We’re very committed to adding value in addition to exporting raw materials.”. Musk stated that he wishes to support Argentina. “.
The Western World is in danger, as Argentina’s Milei warns us not to embrace socialism.
Furthermore, Argentina can assist Musk. According to the Journal, South America’s largest lithium reserve is in Argentina, and the country recently approved the billionaire’s aerospace company, SpaceX, to provide Starlink internet services in Argentina.
Tesla, Inc.
In November, Melei emerged as a self-described “anarcho-capitalist” and won the presidency of Argentina, promising to cut back on government spending in the country beset by inflation. When out on the campaign trail, he always had a chainsaw with him.
Libertarians frequently argue that free enterprise is the route to prosperity and criticize socialism as a means of achieving poverty.
This year, Tesla’s stock has lost more than 30% of its value.
