Published: May 31, 2023, 05:55 IST | Updated: May 31, 2023, 05:55 IST
The struggling Chinese economy may get a turbo boost from Elon Musk. Chinese foreign ministry said that Musk's Tesla is likely to expand its business in the country. This is a huge announcement for the world's second largest economy. China has been witnessing an exodus of companies to competing economies like India and Vietnam.