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Elon Musk Meets Javier Milei: Chat About Cutting Red Tape, Boosting Birth Rates And More

Published 12/04/2024, 20:14
Updated 12/04/2024, 21:40
© Reuters.  Elon Musk Meets Javier Milei: Chat About Cutting Red Tape, Boosting Birth Rates And More
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Benzinga - by Jose Rodrigo Safdiye, Benzinga Editor.

Argentine President Javier Milei and Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk held a meeting to discuss the importance of free markets, technological development, and population growth.

What Happened: The meeting occurred on Thursday at Tesla's manufacturing facility in Austin, Texas, during Milei's visit. Both Milei and Musk concurred on the necessity to remove bureaucratic hurdles that hinder investors, and highlighted the significance of increasing the global birth rate. Musk underscored that insufficient population growth could pose a threat to civilization.

"The President and the businessman spoke in Texas about the importance of eliminating bureaucratic obstacles that keep investors away. Musk emphasized boosting the world's birth rate, emphasizing that lack of population growth can be terminal for our civilization." stated the Presidential Spokeperson Manuel Adorni on X.

Additionally, the Argentine president offered Musk collaboration in the ongoing conflict that social network X is facing in Brazil. Both leaders agreed on the significance of technological development for human progress and the necessity of clear and stable rules to attract companies that promote this development.

Why It Matters: Milei's meeting with Musk is part of his presidential tour in the United States. According to Infobae, Milei aims to pave the way for investments in Argentina and strengthen a personal relationship with Musk, who shares similar ideological and political pragmatism.

As reported by Clarin, Musk expressed optimism about the future following the meeting, stating, "We are heading towards an exciting and inspiring future!"

Milei and the Tesla CEO agreed to host a large event in Argentina soon to promote the idea of freedom.

The Argentine President even took to social media, showcasing himself driving a Cybertruck alongside his sister, capturing the attention of followers and fans alike.

Read Next: What's Going On With Chinese EV Stocks Nio And XPeng?

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo by Presidencia de la Nación Argentina

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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