Topic: BREAKING: The real reason Elon Musk torpedoed that bill is now revealed

xx started this discussion 1 year ago #122,259

The grifting under the Trump administration has already begun. The original bill would have negatively affected Musk's investments in China.

https://www.cnn.com/2024/12/18/politics/government-funding-bill-congress-explainer/index.html

Stripped from the bill was a provision that would have limited US investments in China, particularly in the technology sector.

Democrats have slammed the removal of the measure, arguing that its absence would benefit Elon Musk, who helped derail the bipartisan package on Wednesday.

“Musk’s investments in China, and ties with its government, have only grown over the last few years – alongside his growing involvement in American politics,” Rep. Rosa DeLauro, ranking member of the House Appropriations Committee, wrote in a letter Friday to congressional leaders.

“It is no surprise, then, that ‘President’ Musk does not want to see a funding deal containing this provision be signed into law,” she wrote.

The measure would have “prevented wealthy investors from continuing to offshore production and US intellectual property into China,” she wrote.

boof joined in and replied with this 1 year ago, 4 hours later[^] [v] #1,335,645

one way to get what we might want is to appeal to the powerful man's sense of greed

Anonymous C joined in and replied with this 1 year ago, 7 hours later, 12 hours after the original post[^] [v] #1,335,674

@previous (boof)
These guys want their fingers in every pie it appears; you might be right.

At least there's zero chance his cars can compete on price with Chinese EVs on the rest of the planet. Jesus, $100k+ cars, that's less than my insurance can pay out if I total one in traffic... I hate this planet.

Minichan