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Market Chatter: Musk, CEOs Trump's China Trip Pressed Beijing on Export, Supply Issues

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Tesla (TSLA) CEO Elon Musk joined President Donald Trump on his recent trip to China in hopes of persuading Beijing to unblock exports of high-end solar manufacturing equipment from a Chinese supplier to the electric-vehicle maker's factories, the New York Times reported Thursday, citing a person familiar with the matter.

Coherent (COHR), a Pennsylvania-based semiconductor company represented on the trip, has been trying to obtain indium phosphide, a material needed to make photonic chips for data centers, the report said.

The delegation also included executives from Boeing (BA), Apple (AAPL) and Nvidia (NVDA), the report said.

Tesla and Coherent didn't immediately reply to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $419.47, Change: $+2.21, Percent Change: +0.53%

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