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The Tesla Inc. Gigafactory stands in Shanghai, China, on Friday, Nov. 1, 2019.

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Tesla CEO Elon Musk said Tuesday that people ought to be worried about tension between the U.S. and China.

The comments come a year after President Joe Biden said the U.S. would be prepared to defend Taiwan if the Asian island off the Chinese coast were to be attacked. China believes Taiwan is part of its territory.

In an interview Tuesday following Tesla's annual shareholder meeting, CNBC's David Faber asked Musk if he was concerned about "the growing belligerence" between the U.S. and China.

"I think that should be a concern for everyone," replied Musk, who was born in South Africa and became a U.S. citizen in 2002.

Faber asked Musk if China will make a move to take control of Taiwan. "The official policy of China is that Taiwan should be integrated," Musk said. "One does not need to read between the lines."

When asked if China moving to control Taiwan would be bad for Tesla, or other companies, Musk said: "The Chinese economy and the rest of the global economy are like conjoined twins. It would be like trying to separate conjoined twins. That's the severity of the situation. And it's actually worse for a lot of other companies that it is for Tesla. I mean, I'm not sure where you're going to get an iPhone, for example."

Apple announced in September that it had begun assembling the iPhone 14 in India as it sought to reduce manufacturing reliance on China. Tesla manufactures vehicles in Shanghai, and it operates other factories in California, Texas and Germany.

"There are some constraints on our ability to expand in China, and so we're making as many cars as we can," Musk said. "It's not a demand issue."

He said Tesla depend on Taiwan Semiconductor to produce processors. Apple does as well.

Faber asked Musk if he thinks it's inevitable that China would seek to take control of Taiwan.

"That is their policy, and I think you should take their word seriously," Musk said.

WATCH: Tesla CEO Elon Musk on U.S.-China tensions: There is some 'inevitability' to Taiwan situation

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Elon Musk says tension between U.S. and China 'should be a concern for everyone' - CNBC

Elon Musk spent $44 billion on Twitter last year, ostensibly in a bid to preserve free speech, but the CEO's actions appear to have alienated some of the social network's user base, especially women and Black Twitter users.

Six in 10 Americans who used Twitter in the last 12 months have taken a breather of several weeks or more during the year, according to new data(Opens in a new window) from the Pew Research Center.

There are "especially pronounced differences by gender, race and ethnicity" when it comes to those departures, Pew finds. Women (69%) and Black users (67%) are more likely than male (54%), white (60%), or Hispanic (54%) folks to have taken a hiatus from Twitter.

Pew found no significant differences by age or political affiliation when it comes to leaving the platform. Data it released earlier this month, however, noted that political divides have only deepened since Musk took over the platform, with Republican and Republican-leaning Twitter users now more likely to say that Twitter is mostly good for democracy, while Democrats have gone in the opposite direciton.

Pew didn't ask why people took a breather, but it's been chaotic at Twitter in recent months. "These findings come amid debates in the media and even questions posed by Musk himself about whether Twitter is 'dying,'" says Pew Research Analyst Michelle Faverio. "Since Musk acquired the platform, some celebrities have publicly announced their departures from the site and popular accounts have reported abnormally large gains and losses in followers, among other changes."

Those numbers will likely remain in flux as the company welcomes Linda Yaccarino, former head of global advertising and partnerships at NBCUniversal, as its new CEO. Her advertising connections are needed at Twitterwhich lost a host of advertisers last year when Musk stripped down content moderations systems, phased out legacy blue checkmarks, and allowed previously banned users back on the platform.

Pew surveyed people before Yaccarino's appointment, and found that 35% are unsure whether they'll still use Twitter in a year; a quarter plan to quit the platform altogether. Musk isn't going anywhere: he'll stay on as Twitter's chair and chief technology officer.

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People Are Spending Less Time on Twitter Since Elon Musk Took ... - PCMag

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Elon Musk is not shy about sharing his opinion on pretty much everything, recently weighing in on the U.S. housing market. The mega-billionaire Tesla CEO and Twitter owner let it be known that he thinks the housing market is facing a crisis that could be headed for a crash.

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That opinion was shared in response to a May 13 tweet from Chen Fang, the chief operating officer of BitGo, a digital asset trust and security company. As The Street reported, Fangs tweet was itself in reply to a couple of previous tweets addressing the high cost of buying a home in many U.S. markets.

Existing people in houses cant afford to sell existing being renting cant afford to buy, Fang said in his tweet. We are stuck in this limbo until the job market crashes and existing people with houses are forced to default on their mortgages sending the real estate market into the next death spiral ????

After seeing Fangs tweet, Musk responded with a tweet of his own that said: Tragically accurate.

Whether or not these doomsday scenarios come to pass remains to be seen. Theres no question that the housing market faces some serious challenges right now. Prices are still historically high, inventory remains low, and mortgage rates have more than doubled over the past couple of years, according to Federal Reserve data.

As GOBankingRates previously reported, a new analysis from the Mortgage Bankers Association (MBA) found that independent mortgage banks and subsidiaries of chartered banks lost an average of $301 per finalized home loan last year. That represented a big shift from the previous year, when loans averaged a $2,339 profit. The 2022 loss was the first since the MBA began reporting the metric in 2008.

The problem has been compounded this year by the banking crisis, which has led to the collapse of Silvergate Bank, Silicon Valley Bank, Signature Bank and Credit Suisse. Many experts and investors expect other banks to follow suit, The Street reported.

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Musk himself weighed in on the crisis back in March, after venture capitalist David Sacks warned that ongoing Federal Reserve interest-rate hikes could hit banks, commercial real estate and government debts. Concur, Musk tweeted in response to those comments, Business Insider reported.

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One side effect of the banking crisis is that financial institutions have tightened up their lending standards, making it even more difficult to get a mortgage.

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This article originally appeared on GOBankingRates.com: Elon Musk Warns of Tragic Housing Crisis and Potential for a Crash

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Elon Musk Warns of Tragic Housing Crisis and Potential for a Crash - Yahoo Finance

Modified May 19, 2023 13:58 GMT

American business magnate Elon Musk is reportedly launching robot wives and is in the final stages of its development. As per The Street Journal, the 51-year-old personality is expected to launch the new technological innovation in September 2023 and will most likely reach Africa by November 2023.

The publication reports that the robot will use batteries to operate, which will last like a menstrual cycle (28-30 days). It will be made so that the battery will last for a month after only three days of charging. Wales Online reports the name of the Tesla bot to be Optimus.

Moreover, if a person wishes to get physically intimate with the robot, it will require a pattern, password, or fingerprint to avoid meddling. However, as of writing the details of the security measures and their implementation are not known.

The publication also claimed the price of Elon Musk's advanced robot to be $3,144. However, that depends on the features and specifications of the gadget.

As per Wales Online, Tesla's new robots have been seen by people walking around an office or workplace and picking up and moving things.

The tech company also said that the bots are now walking around and "learning about the real world."

Tesla also stated about the robots to be:

Reportedly, the robots will weigh 12lb and stand 5 feet 8 inches tall. Previously, Elon Musk talked about robots and said:

After the news about Elon Musk's new Tesla bots went viral, fake pictures of him k**sing a female humanoid started making rounds on the internet.

Shared by a Twitter user named @yashashvi10x, the viral image is a collage of two pictures that are clearly different from each other. The first picture shows Elon Musk wearing a white shirt and black pants while holding the fake robot by its waist. The second one shows the Tesla CEO wearing a black T-shirt while planting a k**s on the girl robot's lips.

The bots in the AI pictures, on the other hand, don't look like the real Tesla bots, which are slow and don't have faces yet.

The Tesla bots were first shown on AI Day in 2022, but they were in a more broken-down form. They could barely walk, much less do anything else. Since then, the bots have advanced a lot.

While speaking about the invention, at the time, Elon Musk said:

Aside from Tesla, Musk is also the CEO of the social media platform Twitter, CEO and chief engineer of SpaceX, founder of Boring Company, and co-founder of OpenAI and Neuralink.

Originally posted here:

Fact Check: Is Elon Musk launching Robot Wives? Truth behind the news explored - Sportskeeda

A newly proposed bill seeks to enforce the retention of AM radios in new-age vehicles, including electric vehicles made by big names likeElon Musk-ledTesla IncTSLA. Titled the AM for Every Vehicle Act, the bill aims to address concerns about the ability to communicate with the public during emergencies.

What Happened: Sen.Ted Cruz(R-TX)and Sen.Ed Markey(D-MA) introduced the bill, highlighting the importance of AM broadcast radio for emergency communication. The proposed legislation would direct theNational Highway Traffic Safety Administrationto ensure that all vehicles are equipped with AM radios at no additional cost.

According to the National Association of Broadcasters, AM radio stations have a long reach and can be accessed by anyone with a simple radio device, which functions even during power outages, natural disasters or other emergencies, providing critical updates and information to the public.

See Also:Apple CarPlay Vs Android Auto: Whats On Tesla, Ford, Rivian And GMs Dashboards

Fine Print: Under the act, automakers that choose to exclude AM radios in their vehicles would be required to disclose this to customers prior to NHTSA regulation. Additionally, the Government Accountability Office will conduct a study to evaluate the effectiveness of alternative communication systems as potential replacements for AM radios.

Why It Matters: EV makers have been eliminating AM radios from their vehicles, citing interference with electric powertrains. Several prominent automakers, includingBayerische Motoren Werke AG BMWYY,Ford Motor CoF,Mazda Motor CorpMZDAY,Polestar Automotive Holding UK PLCPSNY,Rivian Automotive IncRIVN, Tesla,Volkswagen AGVWAGY andVolvo ABVLVLY VOLVF have already removed AM radios from their vehicle models.

"I would think that if Elon Musk has enough money to buy Twitter and send rockets to space, he can afford to include AM radio in his Teslas. Instead, Elon Musk and Tesla and other car manufacturers are putting public safety and emergency response at risk," Rep.Josh Gottheimer(D-NJ), a signatory on the bill, said.

Congress should act swiftly to pass this bill so Americans retain access to news, music, talk, and emergency alerts on the public airwaves, Cruz said.

Check out more of Benzingas Future Of Mobility coverage byfollowing this link.

Read More: Elon Musk Says He Will Personally Review Teslas Cobalt Supply Chain Audit To Extend Consumer Trust

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Why US Lawmakers Want Elon Musk's Tesla, Other EV Makers To ... - Benzinga