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May 3, 2022

Elon Musk's Ties to China

"What attracts me most about China's Five-Year Plan is the tremendous amount of commitment to a low-carbon economy and ultimately to a sustainable energy economy. In the Five-Year Plan, China has committed to reach peak carbon emissions sooner than 2030 and to have a sustainable energy economy by 2060. These are very aggressive goals, and I think they are great goals, and I wish more countries actually had these goals," Musk said.

The Tesla CEO added: "The Chinese economy, I think, is going to do extremely well over the next decade … China, I think, long-term will be our biggest market, both where we make the most number of vehicles and where we have the most number of customers … I would like to strike an optimistic note. I am very confident that the future of China is going to be great and that China is headed towards being the biggest economy in the world and a lot of prosperity in the future, and this Five Year Plan is gonna be a part of making that prosperity happen."

"China rocks, in my opinion. You know, the energy in China is great," he said. "The people there — there's a lot of smart, hard-working people who really — they're not entitled, they're not complacent, whereas I see in the United States, increasingly, much more complacency and entitlement, especially in places like the Bay Area, LA, and New York.

In 2021 China became Tesla’s highest source of vehicle production and likely its second-biggest source of sales. Given lower costs of production there, including for battery cells, materials and worker pay, it’s also “by far” the electric-car maker’s source of profit, Wedbush equity analyst Dan Ives recently told Forbes. China, which has little tolerance for public criticism, banned Twitter in 2009, according to New York Times’s Michael Forsythe, a long-time correspondent covering the country. While the country previously had no influence over Twitter, “that may have just changed” with Musk’s deal, Forsythe said in a tweet.

That caught the attention of Amazon founder Jeff Bezos who asked in response: “Did the Chinese government just gain a bit of leverage over the town square?” Not that Mr. Bezos has anything to say about “China” since he has bowed down to the CCP as well.

“Elon Musk has a Tesla factory in China and he wants to sell more cars there, as many China observers note. What happens if Beijing leans on him about say, a Uyghur or Hong Kong activist account? Or about Chinese disinformation bots leveraging this platform?”

With His ties to China and the CCP it has to make you wonder if his intentions are true or not. Who’s to say that the CCP doesn’t already have a very short leash on Musk, but being the richest man in the world why wouldn’t he just tell the CCP where to go?

I truly hope this isn’t and elaborate smoke screen, I truly hope he has changed his stance and truly wants the platform to have a freedom of speech platform. I guess we will just have to wait and see.