Rosa DeLauro, the top Democrat on the House Appropriations Committee, is accusing Elon Musk of attempting to push the Republicans to take a softer approach on China and the Chinese Communist Party, especially when it comes to restricting American investment in the anti-American company.
Musk has deep ties to China, specifically through his electric vehicle company, Tesla, who hopes to make billions selling to a Chinese market. While Democrats have far more ties to the CCP than Republicans, it is worth noting that whatever benefits Musk may give the Republicans, he is sure to also bring with him protection for the Chinese Communist Party, for the good of Tesla alone.
Elon Musk Accused Of Bullying Republicans To Scrap US-China Investment Safeguards To Protect Tesla’s Interests – Yahoo Finance
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CEO Elon Musk has been accused by Rosa DeLauro of pressuring Republicans to abandon key U.S.-China investment restrictions to safeguard the EV giant’s business interests in China.
What Happened: In a letter on Friday, DeLauro, the top Democrat on the House Appropriations Committee, stated that Musk used his influence to have Republicans scrap provisions aimed at regulating U.S. investments in China, reported Reuters.