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Wednesday, November 20, 2024

Elon Musk firms seeking to put money into Argentina


Following a current assembly with Argentine President Javier Milei, Tesla and SpaceX CEO Elon Musk famous that his firms want to put money into Argentina. Musk’s replace was shared as a response to a submit on social media platform X. 

Milei and Musk lately met in New York, the place the 2 leaders reportedly mentioned quite a lot of matters, from tax incentives, efforts to spice up investments in Argentina, and the South American nation’s path to normality, as per Argentine presidential spokesperson Manuel Adorni.

Movies of the 2 leaders’ meetup had been broadly shared on-line, so it was no shock that some social media customers argued that Argentina is best than different South American international locations. Musk responded to one among these posts, stating that his firms are literally on the lookout for methods to assist Argentina. 

“My firms are actively on the lookout for methods to put money into and assist Argentina,” Musk wrote in his response. Musk’s submit prompted a response from the Argentine President, who wrote “FENÓMENO BARRIAL, VIVA LA LIBERTAD CARAJO” in a reply. 

Argentina may very effectively be a worthy funding for Musk. As famous in a Reuters report, Argentina is the world’s fourth-largest producer of lithium, a key part of electrical car batteries.

Musk and Milei have all the time gotten alongside, and this was evident of their current assembly. The ambiance appeared mild when the 2 leaders met, with the Argentine President laughing because the CEO pointed to his “Make America Nice Once more” hat.

The Tesla CEO and Argentine President had beforehand linked on the sidelines of the twenty seventh annual Milken Institute International Convention again in Could. On the time, Musk appeared very supportive of the official, noting on X that “I like to recommend investing in Argentina.” 

Milei additionally visited Tesla’s headquarters in Austin, Texas in April. Following their assembly, a spokesperson for the Argentine president famous that Musk and Milei “agreed on the necessity to free markets and defend the concepts of freedom,” in addition to the significance of eliminating bureaucratic obstacles to enterprise, as famous in a DW report. 

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Elon Musk firms seeking to put money into Argentina








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