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Tesla caught in the crossfire of a brewing tech Cold War with China 5 Apr, 2021 10:11 PM 4 minutes to read Tesla founder and chief executive Elon Musk. Photo / AP Daily Telegraph UK By: Laurence Dodds and Michael Cogley It is hard to see how Elon Musk s views on Communism would have passed muster during China s cultural revolution. The outspoken Tesla boss gave his verdict on Karl Marx last July in a meme posted on Twitter, which summarised the message of Das Kapital as: Gib me dat for free. Today, though, the world s most prominent remaining Communist Party is important to Musk s business. Blockbuster production numbers from Tesla s new Shanghai gigafactory have helped drive its near-700 per cent increase in share price since January 2020, which has made Musk the second richest person on Earth - all underpinned by a productive relationship with China s government. ....
Tesla caught in the crossfire of a brewing tech Cold War with China telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.