After Russia-Ukraine plan, Musk offers China-Taiwan proposal



Billionaire Elon Musk, days after floating a attainable deal to finish the conflict between Russia and Ukraine that drew condemnation in Ukraine, prompt that tensions between China and Taiwan may very well be resolved by handing over some management of Taiwan to Beijing.

“My suggestion . . . could be to determine a particular administrative zone for Taiwan that’s fairly palatable, in all probability will not make everybody completely happy,” Musk, the world’s richest individual, informed the Financial Times in an interview revealed on Friday. Musk made the remarks when requested by the newspaper about China, the place his Tesla TSLA.O electrical automotive firm operates a big manufacturing unit in Shanghai.

Beijing, which says democratically dominated Taiwan is considered one of its provinces, has lengthy vowed to convey Taiwan below its management and has not dominated out using pressure to take action. Taiwan’s authorities strongly objects to China’s sovereignty claims and says solely the island’s 23 million individuals can resolve its future.

“And it is attainable, and I believe in all probability, actually, that they may have an association that is extra lenient than Hong Kong,” Musk, was quoted as saying by the newspaper.

The Shanghai manufacturing unit accounted for about half of Tesla’s world deliveries final yr. Musk additionally mentioned China has sought assurances that he wouldn’t supply the Starlink web service of his SpaceX rocket firm there.

Musk mentioned he reckoned that battle over Taiwan was inevitable and warned of its potential influence on not solely Tesla, but additionally on iPhone maker Apple Inc AAPL.O and the broader financial system. The interview didn’t elaborate on these remarks.

Earlier this week, Musk proposed that Ukraine completely cede Crimea to Russia, that new referendums be held below U.N. auspices to find out the destiny of Russian-controlled territory, and that Ukraine conform to neutrality. He requested Twitter customers to weigh in on his plan, drawing sharp criticism from Ukrainian President Volodymyr Zelenskiy, who proposed his personal Twitter ballot: “Which @elonmusk do you want extra? One who helps Ukraine (or) one who helps Russia.”

Reporting by Kanishka Singh in Washington and Hyunjoo Jin in San Francisco; Editing by Leslie Adler


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