Argentina’s Milei meets Elon Musk at Tesla factory

– Argentine President Javier Milei met with Elon Musk at a Tesla factory in Austin, Texas on April 13, 2024.

– They both expressed support for free markets and agreed on the need to defend liberty and eliminate bureaucratic obstacles to business.

– Musk and Milei also discussed opportunities for Tesla to invest in Argentina’s lithium deposits, which are used in batteries for electric vehicles.

– Argentina hopes to develop its lithium industry not just for exporting raw materials but also adding value through production.

– The meeting aimed to boost confidence in Argentina’s market-oriented economic reforms, as the country faces protests and needs IMF support for its large debt.

– Musk agreed to take part in a future event in Argentina to promote the ideals of freedom, aligning with Milei’s populist platform embracing free enterprise.

Source: DW

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