Unconfirmed stories have been making rounds across social platforms suggesting cars from leading electric car manufacturer Tesla Inc. (TSLA) have been prohibited by Chinese military from entering complexes in China citing security concerns due to security cameras mounted on the vehicles.
Well, during the weekend CEO of the company Elon Musk had a video interview with Xue Qikun during a Chinese forum and said his company would be shut down completely if it’s involved in spying activities in China or any other country.
“There’s a very strong incentive for us to be very confidential with any information. If Tesla used cars to spy in China or anywhere, we will get shut down,” said Musk.
Such stories started making rounds during a meeting between United States and China’s top diplomats in Alaska which was said to be heated up. This was the first meeting of the sort since President Joe Biden assumed office in the beginning of the year.
According to industry data, Tesla sold 147,445 vehicles in China last year. This translates to 30% of the company’s global total sales. However, the company is now facing stiff competition from Chinese electric vehicle manufactures who are seeking to capitalize on their domestic market China which is also the world’s largest car market.