Elon Musk commenced his high-stakes visit to China, marking his first since before the COVID-19 pandemic. In an era of decoupling, the Tesla CEO stands out as one of the very few Silicon Valley tech bosses who remain committed to China.

China is home to Tesla's largest production hub. Elon Musk has said the growing tension between the US and China "should be a concern for everyone."

The foreign ministry quoted Musk as saying he was willing to expand business in China and opposed a decoupling of the US and China economies, adding he described the world’s two largest

Tesla Chief Executive Elon Musk is expected to visit China this week, three people with knowledge of the matter said, in what would be his first trip to the country in three years.

Tesla Chief Executive Elon Musk on Tuesday kicked off a high-stakes visit to China with a meeting with the country's foreign minister in Beijing, marking his return to the electric carmaker's largest production hub after three years.

Chinese stocks are approaching bear territory, with the Hong Kong market at its lows for the year as Telsa's CEO gets the star treatment in Beijing and Shanghai.

"The interests of the United States and China are intertwined like conjoined twins," the Tesla CEO told officials, according to China's foreign ministry.