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Tesla's and Alibaba's CEO's to meet at Shanghai this week

Tesla Inc chief Elon Musk and Alibaba Group Holding Ltd executive Jack Ma will talk at a meeting on AI to be held the current week in Shanghai, an Alibaba representative stated on the beginning of the week.

elon muskPhoto: Flickr

The two businessmen will discuss a group of people on Aug 29 at the World Artificial Intelligence Conference which will take place on Aug 29-Aug 31, the representative stated.

Tesla did not quickly react to a solicitation for comment.

Musk affirmed his participation at the gathering before the current month. On Twitter, he added he means to dispatch a China unit of The Boring Company, his underground transportation investment, on a similar China trip.

The discussion will come during an escalating war over exchange and tech among the Washington and Beijing.

U.S. President Donald Trump reported on Friday an extra tariff on some $550 billion of selected Chinese imports, hours after China uncovered reciprocal taxes on $75 billion worth of U.S. products.

Tesla is one of a few prominent U.S. organizations influenced by the exchange row. The firm is currently assembling a processing plant for its cars in Shanghai.

In mid-2018, Musk informed U.S. President openly on Twitter deploring China's 25 percent tax on imported vehicles entering the market.

Jack Ma has been a straightforward commentator of the exchange row. Before the end of last year at the China International Import Expo in Shanghai, the web-based businessman called the contention "the most stupid thing in this world".

Ma is set to officially venture down from his post as head of Alibaba in September.

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