Elon Musk And Israeli PM Benjamin Netanyahu Held Discussions On Sunday – Yes, Tesla Was A Subject

• Musk and Netanyahu also discussed the advancement of legislation regarding autonomous vehicles.
• Netanyahu’s meeting with Musk comes a day before his meeting with President Donald Trump.
• Israel’s Transportation Minister, Miri Regev, stated in October that she is interested in approving Tesla’s Full Self-Driving (FSD) technology in the “near future.”

Tesla Inc. (TSLA) CEO Elon Musk and Israeli Prime Minister Benjamin Netanyahu on Sunday held a conference call to discuss ongoing cooperation with the electric vehicle giant.

The Israeli Prime Minister’s office revealed details about the discussion with Musk in a post on X on Monday.

Tesla shares were down more than 2% in Monday’s opening trade. Retail sentiment on Stocktwits around the company trended in the ‘bearish’ territory at the time of writing.

Musk To Participate In A Conference

The Israeli PM’s office announced that Musk had accepted an invitation to participate in a Smart Transportation Conference to be held in March next year.

Musk and Netanyahu also discussed the advancement of legislation regarding autonomous vehicles. Tesla’s Robotaxi is an autonomous ride-hailing service currently operating in select U.S. cities.

“The Prime Minister and Musk spoke at length about the advancement and development of AI technologies in Israel. The Prime Minister said that we intend to catapult Israel forward and turn it into a global leader in the field, exactly as we did with cyber and other technologies,” Netanyahu’s office said in another post on X.

Netanyahu’s meeting with Musk comes a day before his meeting with President Donald Trump.

Tesla In Israel

Tesla currently has the Model Y and Model 3 on sale in Israel. However, more than four years after its debut in the country, the EV giant’s other cars, such as the Model S, Model X, and the Cybertruck, are not available for purchase in the country.

However, Israel’s Transportation Minister, Miri Regev, stated in October that she is interested in approving Tesla’s Full Self-Driving (FSD) technology in the “near future,” according to a report by Geektime.

TSLA stock is up 16% year-to-date and 8% over the past 12 months.

Also See: Why Does Dan Ives Believe ORBS Stock Is Becoming An Increasingly Attractive Investment?

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