News Analysis Elon Musk and his companies, Tesla and SpaceX, are under scrutiny for their billion-dollar links to China and their CEO’s political support for the totalitarian country. Some of that support comes in the same breath as his denigration of the United States. While the freedom that America gives business is legendary in attracting capital and helps American soft power, Beijing does no such thing. Instead, it requires major political and technological concessions from companies that want access to the massive Chinese market. The political concessions can include opaque campaign donations that remove China’s top critics from elected positions in the United States. This sets up a dynamic in which American politicians and businesses have little to lose when publicly snubbing Washington and everything to gain by embracing the Chinese Communist Party (CCP), including by looking the other way while technology transfers to Chinese companies that could eventually out-compete …
Tesla and SpaceX Are Apparently Compromised by China
March 23, 2022
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Business & EconomyBusiness ColumnistsChinaChina Business & EconomyElon MuskOpinionSpaceXteslaThinking About ChinaUS-China relations
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