Elon Musk receives Taiwan backlash after ‘certain inevitability’ comment

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“China’s official policy is that Taiwan should be integrated,” Musk said an interview with CNBC’s David Faber. “You don’t have to read between the lines. You can read the lines easily. The situation is sort of inevitable.”

In China, this is state-controlled China Daily ran with the headline“Elon Musk: Taiwan should be integrated.”

On Friday in Taiwan, Foreign Minister Joseph Wu tweeted a reply for the Tesla The CEO writes that “the Chinese Communist Party’s harassment and threats are a cause for concern, especially for those who would rather remain free and democratic.”

Wu added that “China’s expansionary policies violate the rules-based international order and the status quo.” Mr. @ElonMusk, besides money there is something we call VALUES.”

China considers Taiwan its territory – despite Taiwan being democratic and self-governing – and has threatened to use force to gain control of the country if necessary. Taiwan is now home Taiwan Semiconductors Manufacturing Co. (TSMC), the world’s largest computer chip maker by volume.

Legendary investor Warren Buffett this week I threw the rest away of Berkshire Hathaway’s $4 billion stake in TSMC. He told Japan Nikkei last month that the threat of war was a “consideration” sell most of the stake.

Last November, Citadel CEO Ken Griffin said America was “Totally and utterly dependent on the Taiwanese for advanced semiconductors.” The billionaire hedge fund chief added, “If we lose access to Taiwanese semiconductors, the damage to US GDP will likely be in the range of 5 to 5 percent.” 10% are.” It’s an imminent global economic crisis.”

Last October he did told The Financial Times that a conflict over Taiwan is inevitable. His recommendation, he said, “would be to create a special administrative region for Taiwan that’s reasonably acceptable…they could come up with an arrangement that’s milder than Hong Kong.”

China’s Foreign Ministry answer to He reiterated that China “will resolutely crush secessionist attempts at ‘Taiwan independence,’ resolutely stop interference from outside forces, and resolutely defend national sovereignty and territorial integrity.”

Musk this week likened China and the rest of the world economy to “Siamese twins” and warned of serious consequences of trying to separate them. While Tesla has a gigafactory in Shanghai, he said that “the situation is actually much worse for a lot of other companies… I’m not sure where you can get an iPhone.”