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2022 m. kovo 21 d., pirmadienis

Musk's adventures or why do we still live in feudal Lithuania?

 Because we don’t get a market price for the work we “sell”. Therefore, there is no market economy and no capitalism in Lithuania. And when there is no capitalism, people return to living under feudalism or slavery. The conscripts are a remnant of forced slave labor. The rest of us live in feudalism. As in some Saudi Arabia, we are nominally ruled by an old decrepit king (Vytautas Landsbergis) and actually ruled by a prince (Gabriel Landsbergis). No matter how stupid it is, what our prince does, everything is fine for everyone. An economic war with China that no country of our size has started, is an example of such stupidity by Gabrielius Landsbergis. Musk, the richest man in the world working also in China, would be eaten alive by Landsbergis if he visited Lithuania, just like in Saudi Arabia.  

"Elon Musk's ties to China are causing unease in Washington, including among some Republican lawmakers who have been among the billionaire entrepreneur's ardent supporters.

The concerns center on the potential for China to gain access to the classified information possessed by Mr. Musk's closely held Space Exploration Technologies Corp., including through SpaceX's foreign suppliers that might have ties to Beijing.

Some lawmakers also are troubled by the lack of clear lines between SpaceX and auto maker Tesla Inc., which also is run by Mr. Musk and has extensive operations in China. Tesla has developed advanced battery packets sought by the Chinese, and China has adopted a less-expensive battery technology championed by Mr. Musk.

The concerns come amid a fierce rivalry between the U.S. and China that recently has been stoked by China's focus on space technology. Tensions are also rising because of Chinese President Xi Jinping's partnership with Russian President Vladimir Putin.

Rep. Chris Stewart (R., Utah) is seeking confidential briefings on Capitol Hill with officials from agencies including the National Reconnaissance Office, which coordinates the launch of intelligence satellites, to determine whether the Chinese government has any direct or indirect links to SpaceX.

"I am a fan of Elon Musk and SpaceX, but anyone would be concerned if there are financial entanglements with China," said Mr. Stewart, a senior member of the House Intelligence Committee. "Congress doesn't have good eyes on this."

Representatives of Mr. Musk, SpaceX and Tesla didn't respond to requests for comment.

Mr. Stewart also wants to find out whether any companies with Chinese ties have invested in SpaceX, which isn't publicly traded.

Tesla is publicly held, and in 2017 Chinese technology giant Tencent Holdings Ltd. disclosed that it bought 5% of the car maker's stock. Mr. Musk said it was more than just an investment: In announcing the development, he tweeted that he was "glad to have Tencent as an investor and advisor to Tesla."

Tencent disclosed in 2018 that its ownership dropped to 4.97%, with no further disclosures since. When asked if Tencent still owns Tesla stock, a Tencent representative said he couldn't provide any information.

Tencent owns the WeChat messaging app that former President Donald Trump sought to ban in the U.S., and which remains under a security review by the Biden administration.

China is one of Tesla's biggest markets, thanks in large part to support of China's Communist Party and Mr. Xi. Chinese authorities gave Mr. Musk low-interest loans, cheap land and other incentives for a Shanghai facility that opened in 2019 where Tesla vehicles and battery packs are assembled.

In 2018 and early 2019, Tesla was facing financial problems as its U.S. manufacturing plant failed to produce enough cars to meet expectations and the company ran low on funds.

In 2019 and 2020, Tesla received two loans from Chinese banks, according to the company's 2021 annual report, including a $1.4 billion facility to help with construction of its factory in Shanghai. Last year, Tesla paid back $614 million it owed the banks under the agreements and terminated both facilities, the company said.

The White House declined to comment on potential security risks from Mr. Musk's China ties.

Commerce Secretary Gina Raimondo, whose department shares responsibility for safeguarding U.S. technology, said U.S. companies need to take extra care in dealing with China.

"It's certainly true that China's coercive practices, anticompetitive practices, practices trying to steal our IP or steal our technology and know-how are well documented," she said.

The Chinese Embassy didn't respond to a request for comment.

The concerns over potential security risks have been exacerbated by Mr. Musk's praise for China, lawmakers said. Along with being seen as a security threat, China has aligned itself with Russia and has been accused of oppressing Uyghur minorities in its remote Xinjiang region, an accusation that Beijing disputes.

This month, Mr. Musk hosted China's ambassador to the U.S., Qin Gang, at Tesla's factory in Fremont, Calif. "Had an inspiring talk with @elonmusk today," Mr. Qin tweeted afterward, "on cars on the road, stars in the sky, research of human brain, meaning of life on earth and our future into the space."

On the 100th anniversary last year of China's Communist Party, Mr. Musk tweeted that the "economic prosperity that China has achieved is truly amazing, especially in infrastructure!"

"China rocks in my opinion," Mr. Musk said in a July 2020 podcast from Automotive News. "People there -- there's a lot of smart, hardworking people. . .whereas I see in the United States increasingly much more complacency and entitlement."

Several Democrats on the Senate Intelligence Committee are also wary of Mr. Musk's ties to China and are monitoring his moves, a committee aide said.

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Bill Aims to Protect

Space Technology

Sen. Marco Rubio (R., Fla.), the top Republican on the Senate Intelligence Committee, introduced a bill in December to address the threat of China gaining access to space technology secrets via third parties.

The bill would bar the National Aeronautics and Space Administration and other U.S. government agencies from awarding contracts to companies with suppliers who have ties to China, and would require more disclosure of Chinese investments in U.S. companies involved in the private space-launch industry." [1]

 

Why do we still live in feudal Lithuania? Since we are just stupid. 

 

1. U.S. News: Musk's China Entanglements Draw Concerns in Washington
Mullins, Brody; Pulliam, Susan.
Wall Street Journal, Eastern edition; New York, N.Y. [New York, N.Y]. 21 Mar 2022: A.4.

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