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Musk to meet Brazil prez to discuss deforestation, rural connectivity

The two will discuss a potential partnership on rural connectivity and deforestation monitoring, according to O Globo

Elon Musk | Jair Bolsonaro | Brazil


His $156.9 billion net worth still places him No. 2 on the Bloomberg Billionaires Index

Brazilian President and business magnate are scheduled to meet in Sao Paulo on Friday, Brazilian daily O Globo reported late Thursday.

The two will discuss a potential partnership on rural connectivity and deforestation monitoring, according to O Globo.

The meeting follows a meeting of the and Tesla chief executive with Brazilian Communications Minister Fabio Faria in November in Austin, Texas. The two spoke about using technology to bring internet to rural schools and cut back on illegal deforestation in the rainforest.

According to the O Globo report, the Friday meeting will happen in an upscale hotel near the city of Sorocaba in Sao Paulo state and will be attended by several business executives, including Telecom Italia Chief Executive Pietro Labriola and the chairman of Brazilian lender Banco BTG Pactual , Andre Esteves.

Musk will meet Brazil's far-right president just days after he said on Twitter he could no longer support Democrats "and will vote Republican."

Bolsonaro, who celebrated Twitter's announcement of its acceptance of Musk's initial bid for the company, has been trying for years to lure Tesla to .

In 2020, his son, congressman Eduardo Bolsonaro, said he had met with the former charge d'affaires at the U.S. embassy in Brasilia, William Popp, to discuss a plan to attract the automaker to build a factory in the country. Soon after, Bolsonaro stated a desire to visit a Tesla plant on a visit to the U.S.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Fri, May 20 2022. 08:59 IST