Tesla CEO Elon Musk arrives at the Tenth Breakthrough Prize Ceremony at the Academy Museum of Motion Pictures in Los Angeles, California, on April 13, 2024. Tesla CEO and one of the world's richest people Elon Musk arrived in China for a visit on April 28, 2024 state media said.BEIJING, China — Tech billionaire and Tesla CEO Elon Musk was in China for talks on Sunday, making his second trip in less than a year to the world's biggest market for electric vehicles.
The mercurial magnate is a controversial figure in the West, but in China, Tesla's electric vehicles have become a staple of middle-class urban life. China's local car giant BYD -- "Build Your Dreams" -- beat out Tesla in last year's fourth quarter to become the world's top seller of EVs. Xiaomi's entrance into the competitive EV sector appears to be off to a positive start, with CEO Lei Jun saying this month that pre-orders had outpaced expectations by three to five times.
Generation Y, colloquially known as the millennials, are considered as the most financially literate generation of Filipinos, whose long-term financial goals are likely to be met.