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HomeBusinessMilei from Argentina visits Tesla factory, meets Elon Musk - DW 04/13/2024.

Milei from Argentina visits Tesla factory, meets Elon Musk – DW 04/13/2024.

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Argentine President Javier Milei and tech billionaire Elon Musk made waves with their meeting at a Tesla plant in Austin, Texas, where they emphasized the importance of freeing markets. Musk shared a photo of their meeting on social media, expressing optimism for the future. Milei reciprocated by posting a picture of them shaking hands, declaring his commitment to freedom.

The two leaders discussed the necessity of eliminating bureaucratic obstacles to business and promoting ideas of liberty. Milei also offered his support to Musk in a legal dispute in Brazil, showcasing a potential alliance between the two. Musk agreed to participate in an upcoming event in Argentina to advocate for freedom, solidifying their agreement on market principles.

Aside from the symbolic gestures and discussions on freedom and entrepreneurship, the meeting between Musk and Milei also delved into the economic potential of Argentina’s lithium deposits. With the South American nation holding significant resources used in Tesla electric cars, the conversation extended to investment opportunities and value addition in the lithium sector. For Argentina, maintaining international support, particularly from the US and IMF, is crucial to bolster investor confidence amidst economic reforms and protests.

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