Elon Musk expressed worry about China's ambitions in Taiwan. Tesla's Shanghai factory produces Model 3 and Model Y vehicles.
Elon Musk told CNBC's David Faber that the dynamic between China and the U.S. would be worse for many other companies than it would be for Tesla.In this articleElon Musk walks in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida.CEO Elon Musk said Tuesday that people ought to be worried about tension between the U.S. and China.the U.S.
In an interview Tuesday following Tesla's annual shareholder meeting, CNBC's David Faber asked Musk if he was concerned about "the growing belligerence" between the U.S. and China. "I think that should be a concern for everyone," replied Musk, who was born in South Africa and became a U.S. citizen in 2002.
Faber asked Musk if China will make a move to take control of Taiwan. "The official policy of China is that Taiwan should be integrated," Musk said. "One does not need to read between the lines." When asked if China moving to control Taiwan would be bad for Tesla, or other companies, Musk said: "The Chinese economy and the rest of the global economy are like conjoined twins. It would be like trying to separate conjoined twins. That's the severity of the situation. And it's actually worse for a lot of other companies that it is for Tesla. I mean, I'm not sure where you're going to get an iPhone, for example.
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