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Mocking Musk is harming China's interests

author:Baopu Finance
Mocking Musk is harming China's interests
Mocking Musk and a world-class entrepreneur who continues to invest and build factories in China is to discredit China's investment environment, is to do a bad favor, and to harm China's interests.

Author: Jinren

On April 20, local time, the SpaceX starship failed to launch. Musk responded to the failure of the SpaceX Starship launch by congratulating the SpaceX team for completing the exciting Starship launch test, which learned a lot for the next launch test in a few months. SpaceX officially released a video highlight of SpaceX's launch failure, and specially accompanied by comedy music, in the face of failure, this is Musk's attitude.

I don't have Tesla stock, I don't buy a small house in the U.S., and my kids don't study in the U.S., so my attitude toward it is, "Oh, got it."

But the attitude of some netizens makes me regret, they are laughing at Musk's failure, and some of them are even difficult to hear, such as someone saying: "Should I say congratulations?" ", and some people said "Hehe~ Tesla is going to die!" The cash flow in the first quarter of 2023 is only $400 million~".

Mocking Musk is harming China's interests

▲Some netizens commented

There are many people with similar mentality, but in fact, their attitude is to harm China's interests and expose their own pattern. Why? Listen to me slowly.

01 Musk continues to build factories in China

What does China need most now? The economy continues to recover steadily, right? Okay, does this stable recovery require foreign participation? Definitely.

Let's take a look at the official attitude:

On March 1, Foreign Ministry spokesman Mao Ning presided over a regular press conference: "No matter how the international situation changes, China's determination to expand high-level opening up will not change, and its determination to share development opportunities with the world will not change." We welcome enterprises from all over the world, including American enterprises, to enter the Chinese market, share the dividends of development, and jointly promote world economic growth. (The Paper)

On April 20, Ministry of Commerce spokesperson Shu Hengting said at a regular press conference that from January to March this year, China's actual use of foreign capital was 408.45 billion yuan, a year-on-year increase of 4.9%. She also said: "China will adhere to a high level of opening up, accelerate the construction of a new development pattern, and promote high-quality development, which will surely provide a broader space for enterprises from all countries to develop in China." We welcome enterprises from all countries to combine their own advantages with China's development strategy, continue to expand dialogue and investment, and share new opportunities for China's development. (CBN)

Well, Musk is a good friend of Chinese Min, at least a business partner, this is a fact.

Musk put Tesla's China headquarters in Shanghai's Lingang New Area.

In addition, Tesla also obtained an ultra-low-interest loan of 18.5 billion yuan, but Shanghainese also have requirements for Tesla: Tesla's Shanghai Gigafactory, from the end of 2023, must pay taxes of 2.23 billion yuan per year, if this condition cannot be met, the corresponding land must be returned.

Mocking Musk is harming China's interests

▲Tesla Shanghai Gigafactory

Moreover, Tesla must invest 14.08 billion yuan in capital expenditure in the Shanghai factory over the next five years. In addition, Tesla's Shanghai factory must be 100% localized.

That is to say, at the end of this year, Tesla will become a money printer in Shanghai and China, billions of dollars a year.

There is also employment, as well as taxes and employment of supporting companies that pull upstream and downstream.

Yes, Shanghai and Tesla are mutual achievements and mutual needs, so is Musk considered a good friend of Chinese people? Is it a quality business partner in Shanghai, China? It has to count, right.

As we all know, some countries are calling for the decoupling of the industrial chain from China, and at the critical moment, Musk has made another move, supporting China and supporting Shanghai.

On the afternoon of April 9, the signing ceremony of Tesla's energy storage super factory project was officially held in Shanghai. Musk is also preparing to go to Shanghai in the near future, Tesla energy storage super factory will plan to produce Tesla ultra-large commercial energy storage batteries, the initial plan to produce 10,000 commercial energy storage batteries per year.

Mocking Musk is harming China's interests

The Tesla Energy Storage Gigafactory project is scheduled to start construction in the third quarter of 2023 and put into production in the second quarter of 2024. This is also Tesla's first energy storage gigafactory project outside the United States.

That's right, he is an entrepreneur, everything is for profit, not some living Lei Feng.

But at this moment, isn't China needing more entrepreneurs who dare to invest and build factories in China? He can bring technology, jobs, taxes, and is a good friend of Chinese people, and that's how I am.

If in life, your friend fails in business and things, will you laugh at him and insult him? You might comfort him, right?

Therefore, I said that many netizens' statements only highlight their own insufficient knowledge and cognitive shortcomings, they ridicule Musk, mock a world-class entrepreneur who continues to invest and build factories in China, is smearing China's investment environment, is doing a bad favor, is harming China's interests.

02 Musk is a failure, his dad

As for failure, it is actually the norm for Musk, and the impact will definitely be there and will not last long.

After the failed launch of SpaceX Starship, Musk tweeted: Congratulations to the SpaceX team for completing the exciting Starship launch test, learning a lot for the next launch test in a few months.

Mocking Musk is harming China's interests

This is indeed a bit of a forced smile.

Musk's American Space Exploration Technology Corporation is an American space transportation company established in June 2002.

This is a company that often experiences failures, let me give you examples:

On August 23, 2014, SpaceX's rocket program suffered a setback when one of the company's three-engine Falcon9R rockets exploded in the air during a test flight in McGregor, Texas.

On January 10, 2015, the Dragon spacecraft carried by the Falcon 9 carrier rocket was successfully launched, and the Dragon spacecraft was safely put into orbit. But the Falcon Nine failed in recovery.

On June 28, 2015, during the seventh cargo mission of the Falcon 9, a suspected secondary fuel tank leaked after liftoff, causing an explosion and disintegrating.

On December 8, 2020, the Starship SN8 made its first test flight in Texas, and the SN8 crashed about 6 minutes after successful liftoff and exploded.

Mocking Musk is harming China's interests

In one explosion after another, in 2021, Musk revealed that SpaceX's valuation has reached $100 billion (about 637.2 billion yuan).

Of course, SpaceX is not a company that regularly performs explosive missions, on the contrary, it has successfully carried out far more launch missions than explosions.

On April 18, 2023, SpaceX was selected into the "2023 Global Unicorn List" with 945 billion yuan, and ranked second.

Mocking Musk is harming China's interests

Musk is the "madman" who came through failure.

Many years ago, the Falcon rocket, which spent hundreds of millions of dollars to build, tried to launch it three times, but failed.

Musk said it was the "darkest moment" of his life: He even cried with engineers many times, took a lot of sleeping pills every day to fall asleep, and often woke up in the middle of the night. He also divorced his first wife.

Later, he got the money again, and when the fourth rocket launched, Musk asked employees to turn on the live broadcast. This time, Musk succeeded.

Musk is the father of failure, the father of success, because in the end he won, he is one of the richest people on the planet.

Such entrepreneurs are truly powerful entrepreneurs.

We need to learn from Musk's strength and curiosity, not laugh at the failures he has experienced.

03 Harmony and gas are the most important

Let's talk about a related case: for well-known reasons, Zhengzhou Foxconn lacked people at some point last year. I said at the time: "Do not persuade others to be good without suffering others", did not suffer from lack of money, and did not encourage Henan people to drive away Foxconn.

The result?

A reporter from "First Financial Economics" visited the Foxconn living area in Zhengzhou in April and found that there were fewer employees and the commercial street became deserted. Some netizens got their wish.

Mocking Musk is harming China's interests

The reporter's interview report is very objective, and the once popular Yukang New City has been reduced to an "alternative", which belongs to the good situation of the shopkeepers of the commercial street, and it is rarely seen. On the morning of April 13, in the Foxconn Zhengzhou Science and Technology Park, a number of Foxconn employees told reporters that even if it is not compared with the more than 300,000 employees at the peak, the number of Foxconn employees who are still on the job today is much less than last year.

There are three reasons, the first is that last year's rebate was high, and this year, Foxconn reduced the rebate after completing the delivery of the order, and many people left; Second, many new products in the workshop are still in the optimization and development stage, there is no arrangement (that is, employees are arranged overtime according to the production plan), and the amount of labor is small; Third, the transfer of some production capacity to places such as India has reduced the need for the number of local workers.

Of course, the reasons for Foxconn to transfer production capacity are complicated, but as a netizen, is it common sense to be a little friendly to companies that can create jobs, taxes, and exports?

According to Foxconn's official website data, in 2021, the group's revenue was about 1.35 trillion yuan, with total imports and exports accounting for about 3.6% of the mainland's total imports and exports, 3.2% of total imports and 3.9% of total exports.

Mocking Musk is harming China's interests

▲Foxconn Zhengzhou Science and Technology Park

Foxconn's exports account for more than 30% of Zhengzhou, Taiyuan, Hengyang, Chengdu and Nanning, and Zhengzhou ranks first with a super high proportion of 82%.

The same applies to Musk and Tesla.

Those netizens who create confrontation on the Internet every day and smear China's business environment, can you take a break? I think it's still more important to ensure employment, taxes, and food, you say?

"Harmony generates wealth" is a very simple truth, always full of anger, who dares to play with you?

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