Tag: Elon Musk Taiwan

Elon Musk Taps His Inner Trump in Twitter Machinations
Technology

Elon Musk Taps His Inner Trump in Twitter Machinations

[ad_1] It’s all fun and games until a judge gets involved and the reality of consequences starts to set in. Maybe Elon Musk will acquire Twitter Inc. before a court-appointed Oct. 28 deadline to complete the $44 billion acquisition rolls around. Maybe the price of Tesla Inc.'s shares, currency that Musk may need to rely on to help pay for the deal, will bounce back from a grinding downturn. Maybe the seven banks that have arranged a $13 billion loan — and stand to lose as much as $500 million on the transaction — will hang tough. Maybe the coalition of rich guys and venture capitalists who promised to chip in $7 billion to support Musk's bid will stick around. That's a lot of maybes, however, even for an entrepreneur accustomed to vaulting past expectations while also peddling ill-...
Elon Musk thanked by China, reprimanded by Taiwan diplomat over Taiwan plan
Technology

Elon Musk thanked by China, reprimanded by Taiwan diplomat over Taiwan plan

[ad_1] China's ambassador to the United States thanked Elon Musk for proposing a special administration zone for Taiwan. China's ambassador to the United States thanked Elon Musk for proposing a special administration zone for Taiwan, while Taiwan's de facto ambassador to Washington reprimanded the billionaire saying its "freedom and democracy are not for sale." "Taiwan sells many products, but our freedom and democracy are not for sale," Hsiao Bi-khim, Taiwan's de facto ambassador to Washington, tweeted on Saturday. "Any lasting proposal for our future must be determined peacefully, free from coercion, and respectful of the democratic wishes of the people of Taiwan." China's ambassador to the United States, Qin Gang, stressed Beijing's call for "peaceful reunification and 'one c...
Elon Musk slammed for suggesting Taiwan be made SAZ of China
Technology

Elon Musk slammed for suggesting Taiwan be made SAZ of China

[ad_1] A suggestion by Elon Musk that Taiwan could be made a SAZ of China has provoked a backlash from China and the island. A suggestion by Tesla Inc. CEO Elon Musk that Taiwan could be made a special administrative zone of China has provoked a backlash both from China and the self-governing island.Musk's comment not only infringes national sovereignty but also harms democracy, Democratic Progressive Party Spokesperson Huang Tsai-lin said on Saturday, reported Taiwan News. China's state-run Central Television News issued an article titled, "Musk steps out of line in discussing China's Taiwan issue, Foreign Ministry responds." The article reported that during a routine press conference held by the country's Ministry of Foreign Affairs, Spokesperson Mao Ning responded to a question abo...
Shocking! After row in Ukraine, Elon Musk says give some control of Taiwan to China
Technology

Shocking! After row in Ukraine, Elon Musk says give some control of Taiwan to China

[ad_1] Musk suggested tensions between China and Taiwan could be resolved by handing over some control of Taiwan to Beijing. Billionaire Elon Musk, days after floating a possible deal to end the war between Russia and Ukraine that drew condemnation in Ukraine, suggested that tensions between China and Taiwan could be resolved by handing over some control of Taiwan to Beijing. "My recommendation . . . would be to figure out a special administrative zone for Taiwan that is reasonably palatable, probably won't make everyone happy," Musk, the world's richest person, told the Financial Times in an interview published on Friday.  Musk made the remarks when asked by the newspaper about China, where his Tesla electric car company operates a large factory in Shanghai. Beijing, which says democ...