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Saturday, September 21, 2024

Elon Musk to satisfy with high Samsung and Hyundai execs in Paris: report


A latest report from South Korea has advised that Tesla CEO Elon Musk is scheduled to satisfy with Samsung Electronics Chairman Lee Jae-yong and Hyundai Motor Group Chairman Chung Eui-sun in Paris in early August. The assembly between the three high executives was reportedly advised by the Samsung Electronics Chairman, who’s shut with each the Tesla CEO and the Hyundai Chairman. 

Citing high-ranking trade figures, Chosun Ilbo, one among South Korean’s oldest each day newspapers, claimed that Musk, Lee, and Chung are anticipated to have dinner collectively in Paris this weekend. “The three individuals who visited France in the course of the Paris Olympics have determined to satisfy to debate the event of next-generation applied sciences and discover methods to cooperate sooner or later,” the publication’s sources claimed. 

Musk and Lee have met one another a number of occasions previously, with the Tesla CEO visiting Samsung Electronics’ US websites. Samsung Electronics can be a key provider for Tesla’s Autopilot laptop. As per the South Korean publication, Musk and Lee had just lately attended a luncheon that was hosted by French President Emmanuel Macron. 

The publication’s sources famous that the upcoming assembly between Tesla, Samsung Electronics, and Hyundai high executives hints at an trade shift. Tesla and Hyundai, in spite of everything, are direct rivals within the electrical automobile sector, although Musk has famous on social media that the South Korean automaker is “doing fairly effectively.” 

“The primary and second generations of entrepreneurs had comparatively little exchanges as a result of they had been consolidating their respective fields or competing with one another, however the ambiance modified so much as they moved to the third era, saying, ‘Let’s cooperate the place we have to cooperate and compete the place we have to compete.’ Specifically, because the boundaries between IT and manufacturing are collapsing, plainly the truth that firms’ all-round cooperation has turn out to be important has made these conferences potential,” Chosun Ilbo‘s sources famous. 

Whereas particulars surrounding the upcoming assembly between the three high executives haven’t been shared, expectations are excessive that Musk, Lee, and Chung will likely be discussing matters comparable to automotive semiconductors and electrical automobile battery applied sciences

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Elon Musk to satisfy with high Samsung and Hyundai execs in Paris: report








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