U.S. lawmakers worried about China’s access to Tesla, SpaceX technology secrets

Elon Musk’s ties to China have sparked unease in Washington, including some Republican lawmakers who have been zealous in supporting the billionaire, the Wall Street Journal reported on March 20. Republican Rep. Chris Stewart said he was a fan of Musk and SpaceX, but any financial entanglement with China would be a concern. Republican Senator Marco Rubio, referring to Tesla Inc.’s China operations, said any business operating in China would be pressured and exploited by the Chinese Communist Party.

US House Minority Leader (Kevin McCarthy) spokesman Matt Sparks said that Tesla and SpaceX are great American companies, and Musk is one of America’s greatest innovators and a true patriot. Sparks said there is absolutely no indication that Tesla or SpaceX is being forced to do any kind of technology transfer.

Musk: Will not unconditionally support everything China does
Tencent Holdings Ltd acquired a 5% stake in Tesla for $1.78 billion in March 2017. Tesla CEO Elon Musk tweeted at the time that he was happy to see Tencent as an investor and advisor to Tesla.

In an interview with the Wall Street Journal CEO Summit host Joanna Stern in December 2021, Musk said that Tesla has a good relationship with China, but he will not unconditionally support everything China does, just as he will not support unreservedly America or any country.

Musk said in a video talk to the “2021 World New Energy Vehicle Conference” last September that Chinese automakers are very competitive, especially some manufacturers have done very well in the software part.

Musk tweeted in September 2017 that China, Russia, and all countries with strong computer science capabilities will compete for artificial intelligence (AI) dominance, and such a national competition is likely to be the most likely outcome of World War 3. Main fuse.

Will Tesla become an AI robot company in the future?
Musk tweeted in 2017 that he thought AI could outperform humans in 2030-2040.

He Xiaopeng, chief executive of XPeng Inc., said in an interview last September that all automakers will become robotics companies within 10-30 years, CNBC reported.

The Washington Post reported that Musk said at Artificial Intelligence Day last August that if Tesla doesn’t make robots, other companies will.

Tesla closed higher for the fourth consecutive trading day, rising 3.88% to close at $905.39 on March 18, a new closing high since February 16; a weekly increase of 13.84%, a record since the week of December 23, 2021 maximum increase.

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