phuketrichard wrote: ↑Sun Dec 22, 2024 1:28 pm

constantly taking the thread OFF topic:
make it simple for you
this thread is about what Musk is doing
NOT ANYONE else
Doesn't matter if you like or dislike what he is doing

UNDERSTAND??

phuketrichard wrote: ↑Sun Dec 22, 2024 1:28 pm
constantly taking the thread OFF topic:
make it simple for you
this thread is about what Musk is doing
NOT ANYONE else
Doesn't matter if you like or dislike what he is doing

UNDERSTAND??

Freightdog wrote: ↑Sun Dec 22, 2024 1:52 pm

phuketrichard wrote: ↑Sun Dec 22, 2024 1:28 pm
constantly taking the thread OFF topic:
make it simple for you
this thread is about what Musk is doing
NOT ANYONE else
Doesn't matter if you like or dislike what he is doing

UNDERSTAND??

Hardly off topic where the comparisons have been made.

Elon Musk really hopes you don’t remember when he was cheering on a government shutdown … less than 48 hours ago.


Shortly after a new “clean” spending bill failed to pass the House Thursday night, Musk took to X to lament how this was all the Democrats’ fault.

“A super fair & simple bill was put to a vote and only 2 Democrats in Congress were in favor,” Musk wrote. “Therefore the responsibility for the shutdown rests squarely on the shoulders of @RepJeffries.”

“Shame on @RepJeffries for rejecting a fair & simple spending bill that is desperately needed by states suffering from hurricane damage,” he wrote in another post.

Musk conveniently did not mention that 38 Republicans also voted against the bill.

The Government Is Shutting Down Because Elon Musk Has Factories in China

There’s a mundane reason for the late-term chaos, and it’s called a conflict of interest.


....
That brings us back to the initial reason for the blowup: Elon’s endless scroll. Which appears to be tied to none of the inaccurate reasons he offered on X, but an old standby for billionaires: personal financial and business incentives. The original bill would have made it harder for Musk to build Tesla factories in Shanghai.

This is the first scandal of the second Trump term, and take a long look, because it’s going to look like all the other scandals: a conflict of interest among his impossibly wealthy advisers and aides (or from Trump himself) seeps over into policy.

The measure at issue is known as the “outbound investment” provision. We have heard for years about the problem of manufacturing businesses shipping jobs overseas to China, with its low worker wages and low environmental standards. China typically forces businesses wanting to locate factories in its country to transfer their technology and intellectual property to Chinese firms, which can then use that to undercut competitors in global markets, with state support.

Funny story: Elon Musk’s car company has a significant amount of, well, outbound investment. A Tesla Gigafactory in Shanghai opened in 2019; maybe a quarter of the company’s revenue comes from China. Musk has endorsed building a second Tesla factory in China, where his grip on the electric-vehicle market has completely loosened amid domestic competition. He is working with the Chinese government to bring “Full Self-Driving” technology to China, in other words, importing a technology that may be seen as sensitive. Musk has battery and solar panel factories that are not yet in China, but he may want them there in the future.