Amazon.com Inc. founder Jeff Bezos posed a provocative question after Elon Musk clinched a $44 billion takeover of Twitter Inc.: whether that will make things difficult for Tesla Inc. in China.
About half the company’s cars sold globally last year were produced at its plant in Shanghai, and Musk has said that figure may double.Bezos, who also owns the Washington Post.“The more likely outcome in this regard is complexity in China for Tesla, rather than censorship at Twitter.” Musk championed free speech on the platform in one of his first tweets after sealing the take-private deal.
Tesla has boomed in China thanks in part to tax breaks, cheap loans and the green light to wholly own its domestic operations.
Why is it 'a shot'? It's a legitimate question.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk to buy TwitterBillionaire entrepreneur Elon Musk agreed to buy Twitter Inc. for $44 billion, using one of the biggest leveraged buyout deals in history. Bought.
Source: mybroadband - 🏆 11. / 67 Read more »
Elon Musk buys Twitter: Elon Musk Lands Deal to Take Twitter Private for $44 Billion(Bloomberg) -- Billionaire entrepreneur Elon Musk agreed to buy Twitter Inc. for $44 billion, using one of the biggest leveraged buyout deals in history to take private a 16-year-old social networking platform that has become a hub of public discourse and a flashpoint in the debate over online free speech.
Source: dailymaverick - 🏆 3. / 84 Read more »
Twitter relooking Elon Musk’s take-over offerTwitter’s board agreed to meet Tesla CEO Elon Musk after he curried favour with its shareholders.
Source: mybroadband - 🏆 11. / 67 Read more »
Twitter is poised to accept Musk's $43-billion buyout offerTwitter is poised to agree a sale to Elon Musk for $43-billion (R674-billion) in cash, the price the chief executive of Tesla has called his 'best and final' offer.
Source: TechCentral - 🏆 8. / 71 Read more »
Trump NOT returning to Twitter, even under Elon Musk - here's whyTrump NOT returning to Twitter, even under Elon Musk - here's why South African-born billionaire and Tesla founder Elon Musk has purchased Twitter for a whopping $44 billion
Source: TheSAnews - 🏆 25. / 59 Read more »
Trump NOT returning to Twitter, even under Elon Musk - here's whyTrump NOT returning to Twitter, even under Elon Musk - here's why South African-born billionaire and Tesla founder Elon Musk has purchased Twitter for a whopping $44 billion
Source: TheSAnews - 🏆 25. / 59 Read more »