Nayib Bukele and Elon Musk Discuss AI and the Future at Tesla
Recently, Salvadoran President Nayib Bukele paid a visit to Tesla’s headquarters to engage in discussions with Elon Musk regarding the future of artificial intelligence and the technological advancements in El Salvador.
Highlights of the Meeting
During the meeting, which took place on September 21, Bukele shared a video on social media showcasing his visit to Tesla’s gigafactory in Austin, Texas. The clip featured Musk offering Bukele a tour of the innovative facility.
Following their discussions, Musk commended Bukele, labeling him as “an amazing leader,” and elaborated:
“Just had an excellent conversation with President Nayib Bukele. We talked a lot about the nature of reality, the future of humanity, and how technology like AI and robotics will affect the world.”
Bukele is in the United States to participate in the 79th United Nations General Assembly in New York during the last week of September. As a token of appreciation, Bukele brought home-grown coffee for Musk, who reciprocated with a can of Coca-Cola.
El Salvador’s Commitment to AI
In the wake of adopting Bitcoin as a means to combat inflation and lessen reliance on the US dollar, El Salvador is now focusing on artificial intelligence and other technologies to foster economic growth.
- ARK Invest’s CEO, Cathie Wood, has projected that El Salvador’s gross domestic product (GDP) could increase tenfold by 2029.
- Wood met with Bukele in May to explore investment opportunities in Bitcoin, AI, and evolving technology sectors.
After their discussions, Wood stated:
“President Bukele’s determination to turn El Salvador into an oasis for the Bitcoin and AI communities—two of the biggest economic and technology revolutions in history—is the reason I believe that its real GDP could scale 10-fold during the next five years.”
Since the adoption of Bitcoin as legal tender over three years ago, El Salvador has reported profits exceeding $31 million. Bukele’s key objectives in promoting Bitcoin included enhancing financial inclusion, improving remittance payments, and attracting innovation in the financial sector.