Communist leaders want to steer China toward slower, more self-sustaining growth driven by consumer spending instead of trade and investment.
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'While we have made great progress, our products are still too expensive for most people,' said Musk.
"The world must quickly step in to remove this blanket of darkness that has been put on the country," one opposition activist said.
Goldman Sachs' bond trading revenue slid 18 percent, and Citi reported a 21 percent drop in markets and securities.
"The fact that your CFO is walking away from 80 percent of the stock he got as a signing bonus is a clear indication of how he thinks the company is going to go,” noted one analyst.
The initiative comes as Microsoft and other tech giants that have driven the region's economic boom face increasing pressure to help mitigate affordable-housing shortages.