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Hyundai CEO sees benefits in Musk-Trump relationship for US auto industry

share-iconPublished: Friday, January 10 share-iconUpdated: Friday, January 10 comment-icon3 months ago
News sources:
THEHILL
Hyundai CEO sees benefits in Musk-Trump relationship for US auto industry

Credited from: THEHILL

  • Hyundai CEO José Muñoz expressed no concerns about the bond between President Trump and Tesla's Elon Musk.
  • Muñoz stated that their relationship could potentially benefit the U.S. auto industry in the competitive EV market.
  • He reflects confidence that Musk's influence will lead to investments and growth within the industry.
  • Despite Musk's ties to Trump, Muñoz believes it’s in both their interests to maintain competitiveness against China.
  • Muñoz’s remarks highlight an optimistic outlook for collaboration in the electric vehicle sector.

For the full article, visit The Hill.

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Hyundai Musk Trump Electric vehicles Us auto industry
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Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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