Elon Musk Meets El Salvador's President Nayib Bukele at Tesla's Giga Texas

Elon Musk Meets With El Salvador President, Here's What They Discussed

In the wake of El Salvador's plans to remove external debt financing, the talks garnered significant attention. American entrepreneur Elon Musk and El Salvador president Nayib Bukele recently convened, garnering attention across the globe. On Saturday, the Tesla & SpaceX CEO revealed that he had an "excellent conversation with President Nayib Bukele," over the scope of emerging technologies. Primarily, these conversations scoped-in on technologies such as AI and robotics, among other things. Here's a brief report on the recent intersection of two global prominencies, which has in turn sparked a worldwide buzz. According to an X post by Elon Musk on September 21, the Tesla CEO and Nayib Bukele met to talk on "the nature of reality, future of humanity and how technology like AI and robotics will affect the world." Simultaneously, Elon added, "El Salvador has an amazing leader." Meanwhile, in another post on X, the president stated, "it was a pleasure to spend several hours talking with one of the great minds of our time," posting a video of him and Musk. These talks, in light of the Central American country's recent advancements, have echoed a global frenzy. CoinGape Media recently reported Bukele to have disclosed that the Central American country will no longer need external debt financing moving ahead. This announcement sparked a wave of optimism as El Salvador's BTC adoption plan might've played a vital role in this decision. However, it's also worth noting that the talks which ran for several hours failed to mention Bitcoin and crypto. Nonetheless, Milena Mayorga, Ambassador of El Salvador to the United States, stated, "It's true, Nayibbukele is incredible leader!" This saga, as a whole, sparked a torrent of discussions as the general masses speculate over other potential impacts of the convention. Meanwhile, Elon Musk continues to encounter other legal tussles. As per a recent CoinGape Media report, the United States Securities and Exchange Commission has sought sanctions against Elon Musk following the billionaire's failure to appear in court. The Tesla CEO was court-ordered a testimony related to a probe into the $44 billion acquisition of X, formerly known as Twitter. Intriguingly, Musk's absence was revealed to be due to a SpaceX launch in Florida. This chronicle has in turn garnered accusations of deliberate gamesmanship from SEC lawyer Robin Andrews.

Pro-Bitcoin El Salvador President Nayib Bukele Meets Elon Musk At Tesla's Giga Texas, Hails Billionaire CEO As 'One Of The Great Minds Of Our Time' - Tesla (NASDAQ:TSLA)

President of El Salvador Nayib Bukele visited Tesla Inc's TSLA gigafactory in Texas and spent several hours talking with company CEO Elon Musk, the leader said on Friday. What Happened: "It was a pleasure to spend several hours talking with one of the great minds of our time," Bukele wrote on social media platform X, formerly Twitter, referring to Musk. The post was adjoined by a short video showing Musk welcoming Bukele to Tesla while remarking that Giga Texas is "three times the size of the Pentagon." Musk too said that he had "an excellent conversation" with the Salvadoran president. "We talked a lot about the nature of reality, future of humanity and how technology like AI and robotics will affect the world," Musk said while adding that El Salvador has an "amazing leader." Why It Matters: Bukele took office for the second term in June. He is known for his pro-Bitcoin stance and announced that he planned to build Bitcoin City in late 2021. The country also recognized Bitcoin as a legal tender in 2021. Musk shares Bukele's enthusiasm for cryptocurrencies. Last month, Musk said that he would like to have the option of paying with meme cryptocurrency Dogecoin reinstated for the company's merchandise on its online shop. Though the shop currently only allows payment in dollars, it previously allowed users to make payments with Dogecoin. Earlier this year, Musk even suggested in an address during his visit to Giga Berlin that the company would accept Dogecoin as an official form of payment for its cars at some point. Check out more of Benzinga's Future Of Mobility coverage by following this link. Read Next: SpaceX Pushes Ahead With Fifth Starship Test Flight Preparation Despite No FAA Launch Approvals In Sight Photo by Gobierno Danilo Medina on Flickr Market News and Data brought to you by Benzinga APIs