Chinese Journalist Praises Biden Tweet, Says Capitalism ‘All About Exploitation’

President Joe Biden’s tweet about blaming oil companies for record-high gas prices may have rankled some Americans on social media, but one prominent media member from China endorsed the message.

At precisely 12 noon EST on Saturday, Biden tweeted out, “My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril. Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.”

And exactly 5 1/2 hours later, Chen Weihua, a columnist/bureau chief for China Daily EU, replied, “Now US President finally realized that capitalism is all about exploitation. He didn’t believe this before.”

It’s hard to say if President Biden was denouncing capitalism in his tweet, but that’s apparently how Weihua interpreted it; and that’s most likely how Ric Grenell, the onetime acting Director of National Intelligence for former President Donald Trump, viewed the tweet.

Early Sunday morning, Grenell posted a screenshot of the Biden/Weihua tweets together, before tweeting, “WARNING: The President of the United States attacks capitalism, the Chinese celebrate. (And the DC media do, too).”

According to World Atlas, China operates as a socialist market economy, which is characterized by state-owned enterprises and public ownership within a market economy.

China also ranks second (behind the United States) in world economy, in terms of nominal gross domestic product, with an estimated nominal GDP of $16.86 trillion in 2021.

Biden’s Saturday tweet comes shortly after he told reporters that gas prices would remain high for “as long as it takes,” a reference to helping Ukraine win its war against Russia.

That comment led to National Economic Council Director Brian Deese telling CNN that high gas prices were a necessary sacrifice for defending “the liberal world order.”

Here’s a timeline of gas prices in America over the last 18 months:

Right now, according to AAA, regular gasoline has an average price of $4.81.

On Feb. 24, the first day of Russia invading Ukraine, the U.S. average for gas was $3.54.

And back in January 2021, the final month of former President Trump’s tenure in the White House, the average price of gas was $2.41 per gallon — with some states even reporting gas at less than $2 per gallon.


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Elon Musk Breaks Twitter Silence With Photo With Pope

Elon Musk on Friday night broke his nine-day silence on Twitter, the social media platform he is trying to buy for $44 billion, posting a picture of himself meeting Pope Francis on Thursday.

The world’s richest person tweeted a picture where he can be seen standing next to the pope, captioning it: “Honored to meet @pontifex yesterday.”

Musk’s four teenage boys are also pictured, but not his 18-year-old transgender daughter who, on June 20, sought to change her name and sever ties with him. Musk has eight children.

The purpose and location of Musk’s meeting with the pope were not immediately clear.

Last month, Musk said there were “still a few unresolved matters” on the deal to buy Twitter, including the number of spam users on the system and the coming together of the debt portion of the deal.


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Tesla’s 2Q Sales Drop Amid Supply Chain, Pandemic Problems

Tesla’s sales from April through June fell to their lowest quarterly level since last fall, as supply chain issues and pandemic restrictions in China hobbled production of its electric vehicles.

The company on Saturday disclosed it sold more than 254,000 cars and SUVs from April through June, an 18% drop from the first three months of this year and also well below the pace in last year’s final quarter.

The last time Tesla sold fewer vehicles globally was in the third quarter of 2021, when it delivered 241,000.

On Friday, the rest of the industry reported a 21% drop in sales during the second quarter, as the average price for vehicles skyrocketed to a record of $45,844 amid soaring inflation, according to J.D. Power.

Tesla’s sales drop may be a harbinger of weaker second-quarter earnings for the Austin, Texas, company, which is the world’s top-seller of battery-powered vehicles and has posted net profits for nearly three years. Tesla plans to release its full results for the April-June period on July 20.

Like many other stocks, Tesla shares have been hard hit this year. But the 35% decline in Tesla’s stock price hasn’t been entirely tied to the company’s see-sawing fortunes.

Tesla CEO Elon Musk also has made a $44 billion bid for Twitter, which he placed on hold after complaining that it has too many spam bot users who aren’t humans. Much of the erosion in Tesla’s value has occurred since Musk became Twitter’s largest shareholder and then launched a takeover bid that has raised concerns he has too much on his already crowded plate

Musk has used his own Twitter account, which now has more than 100 million followers, to discuss the pandemic restrictions that forced the Shanghai factory to temporarily close during the quarter. Wedbush analyst Dan Ives estimated that more than 40% of Tesla’s sales come from China and that the Shanghai factory produced about 70,000 fewer vehicles due to the shutdowns.

But Tesla signaled things are getting better Saturday, saying it produced more vehicles during June than in any other month in its history. The company didn’t disclose the number of vehicles manufactured during June.

As of early Saturday afternoon, Musk hadn’t tweeted about Tesla’s second-quarter sales. But he created a bit of a stir late Friday with ending an uncharacteristically long nine-day silence on Twitter. His Friday tweets included one with him and four of his children meeting with Pope Francis.

Tesla’s latest delivery numbers came out a week after the release of an interview with Musk in which he described new factories in Austin and Berlin as “money furnaces” that were losing billions of dollars because supply chain breakdowns were limiting the number of cars they can produce.

In a May 30 interview with a Tesla owners’ club that was just released last week, Musk said that the Berlin and Austin plants and getting them functional “are overwhelmingly our concerns. Everything else is a very small thing,” Musk said, adding, “It’s all gonna get fixed real fast.”

Musk also has discussed making salaried workers return to offices and a possible 10% cut in Tesla’s work force due to a possible recession.

Supply chain breakdowns since the onset of COVID-19 two years ago have been especially debilitating for automakers, who get parts from all corners of the globe. A lack of computer chips needed to run cars’ computers compounded automakers’ problems and sent prices for used and new cars skyrocketing.

As the pandemic erupted in the U.S. in 2020, automakers had to shut factories for eight weeks to help stop the virus from spreading. Some parts companies canceled orders for semiconductors. At the same time, demand for laptops, tablets and gaming consoles skyrocketed as people stuck at home upgraded their devices.

By the time auto production resumed, chip makers had shifted production to consumer goods, creating a shortage of weather-resistant automotive-grade chips. Although Tesla has fared better than other automakers, the industry still can’t get enough chips.


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Elon Musk Silent on Twitter for a Week


As Elon Musk’s Twitter following sprinted past the 100-million mark this week—a milestone the billionaire shares with Barack Obama, Justin Bieber, Rihanna, Katy Perry, and Cristiano Ronaldo—his followers are noticing atypical behavior: he is not posting.

The Tesla and SpaceX CEO, while vocal on some of the most contentious headlines—such as the Clinton campaign’s Spygate scandal, media silence on Jeffrey Epstein’s sex trafficking case, and union influence on the Democratic Party—stayed uncharacteristically quiet on Twitter for a week amid several high profile events his followers would normally expect him to comment on.

These events include the most consequential ruling impacting the abortion debate in the United States in half a century, plus other things more relevant to Musk himself—his June 28 birthday and cuts to the Tesla workforce, and the closure of its California office.

145 Tweets Per Week

According to Axios, the rocket-and-automotive engineer-in-chief posted an average of 145 tweets and retweets per week over the five weeks leading up to June 16, the day SpaceX employees sent a letter to the company’s executive board complaining about their CEO’s Twitter posts. Musk’s Twitter streak slowed down after June 16, Axios reported.

“Elon’s behavior in the public sphere is a frequent source of distraction and embarrassment for us, particularly in recent weeks,” the letter reads, first reported by The New York Times on June 16.

Some of the complaining employees were fired a day after the publishing of the New York Times article, reported the news agency. Musk alluded to the firing decision in response to another Twitter user’s post on June 17.

Musk’s last posts were tweeted on the same day as the Twitter board unanimously approved his 44-billion-dollar offer on June 21.

Not long after, Musk told attendees of the Qatar Economic Forum that there were a few “unresolved matters” before he could seal the deal, including fake accounts, shareholder approval, and debt financing.

Andrew Moran contributed to this article.

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Gary Bai is a reporter for Epoch Times Canada, covering China and U.S. news.





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Elon Musk Hasn’t Tweeted in More Than a Week

Elon Musk has slowed his Twitter use dramatically since SpaceX employees said the CEO’s tweets were “a frequent source of distraction and embarrassment.”

Musk even refrained from tweeting after reaching 100 million in followers, Axios reported.

In fact, as of Wednesday morning, Musk hadn’t tweeted in more than a week, since June 21 when he posted about a $7.11 per gallon gas price, and also commented on tweets about SpaceX and Tesla.

Also on June 21, it was reported that Musk’s purchase of Twitter unanimously had been approved by the Twitter board. Shareholders still must vote on the proposed $44 billion deal.

Marca reported that Musk’s Twitter inactivity could be due to him negotiating the deal to buy the company. The outlet said there likely was a clause in the contract that prevents him from making any publication about anything while he is closing the $44 billion deal.

Axios reported that during the five weeks leading up to June 16, Musk averaged 145 tweets and retweets weekly and about 21 daily.

The New York Times reported that SpaceX on June 16 fired employees who helped write and distribute an open letter criticizing the Musk’s behavior.

The SpaceX letter, headed “an open letter to the Executives of SpaceX,” seen by Reuters, called Musk a “distraction and embarrassment” to the company he founded.

The world’s richest person previously used Twitter to criticize the social media company, from its moderation and safety policies to its anonymous user accounts. He also has said that he would restore former President Donald Trump’s banned account on Twitter if his deal to acquire the company is completed, CNN reported.

Musk has said there were a few “unresolved matters” left before he can seal his Twitter deal.

“There is the question of, will the debt portion of the round come together, and then, will the shareholders vote in favor,” Musk said in a June 21 interview with Bloomberg at the Qatar Economic Forum.

Musk met virtually with Twitter employees on June 16 to address several issues, including possible layoffs at the company, and potential company growth.


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Trump Files Appeal Over Dismissal of Twitter Lawsuit

Former President Donald Trump filed an appeal over the dismissal of his lawsuit that claimed Twitter violated his First Amendment right to free speech when the platform banned him following the events of Jan. 6, 2021.

Bloomberg reports that Trump filed a notice of appeal in San Francisco federal court on Monday, saying he will take his case to the 9th U.S. Circuit Court of Appeals.

U.S. District Judge James Donato dismissed the complaint in May, ruling that Trump had not proven that Twitter was functioning as a government censor when it banned him for violating its policy on tweets that glorify violence.

The former president had claimed that Twitter banned him at the request of Democrat lawmakers.

Since the ban, Trump has launched his own social media platform called Truth Social and has declared he won’t return to Twitter, even if tech billionaire Elon Musk’s deal to acquire the company goes through and Musk reinstates his account.

The Tesla and SpaceX CEO has cited his concern about Twitter’s censorship of conservatives as one of the main reasons he wants to take over the platform.

After the U.S. Capitol building was breached by protestors on Jan. 6, 2021, as Congress was certifying President Joe Biden’s victory, Facebook and YouTube also banned Trump’s accounts, alleging that he used the social media platforms to incite violence among the mob.

The Washington Examiner reports that Facebook is slated to revisit its ban of Trump in January 2023, while YouTube has said it will lift its suspension when it determines the risk of violence has decreased.

“With Musk’s new management of Twitter and a potential Republican sweep in the 2022 midterms, I think it is likely that Trump would be reinstated onto Facebook at this time, with similar action to follow from YouTube,” Emerson Brooking, a resident senior fellow at centrist think tank the Atlantic Council’s Digital Forensic Research Lab told the news outlet.


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Musk Says His China Interests Won’t Affect His Free Speech Stance on Twitter


Tesla chief executive Elon Musk on Tuesday said he has no problem balancing his planned acquisition of Twitter with his business dealings in China.

When attending the Qatar Economic Forum via video link, Musk was asked if he could balance his stance on free speech in the Twitter bid and his Tesla’s interests in China whose ruling Chinese Communist Party (CCP) has a record of censoring content deemed harmful to its image.

“China does not attempt to interfere with the free speech of the press in the U.S., as far as I’m aware,” Musk said in an interview with Bloomberg at the forum. “I don’t think this is going to be an issue.”

Questions about the Chinese regime’s potential influence over Musk were raised shortly after he announced in April his offer to buy Twitter in a transaction worth around $44 billion.

“Did the Chinese government just gain a bit of leverage over the town square?” Amazon founder Jeff Bezos wrote on Twitter on April 26, hours after Musk announced the buyout.

Elon Musk's Twitter profile
Elon Musk’s Twitter profile on a smartphone placed on printed Twitter logos in this picture illustration taken on April 28, 2022. (Dado Ruvic/Reuters)

Twitter is blocked in China and is not accessible to most Chinese citizens, though the CCP has built a network of influencers, with the help of bots and spammers, to spread its propaganda to users overseas.

At the Doha conference, Musk said there remain several unresolved matters with his bid to buy Twitter, including the coming together of the debt part of the transaction, the outcome of a shareholder vote, and the number of spam users on the platform.

Fastest-Growing Market

Musk also praised the work of other Chinese carmakers. “I am very impressed with the car companies in China, just in general companies in China. I think they’re extremely competitive, hard-working, and smart,” he said.

China has already emerged as Tesla’s fastest-growing market and largest production site. The electric carmaker’s sales in China more than doubled in 2021, accounting for one-fifth of the total sales.

Epoch Times Photo
Epoch Times Photo
An aerial view of Tesla Shanghai Gigafactory in Shanghai on March 29, 2021. (Xiaolu Chu/Getty Images)

Musk said China would become Tesla’s largest market in the long term in a March interview with China’s state television.

Meanwhile, nearly half of the company’s global deliveries came from Shanghai’s production facility last year.

Telsa’s gigafactory has recently resumed production after being shut down for several weeks during the two-month COVID lockdown in Shanghai.

Tom Ozimek contributed to the report.

Dorothy Li

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Dorothy Li is a reporter for The Epoch Times based in Europe.



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Elon Musk: Twitter ‘Biased Against Half of the Country’

Elon Musk took another swipe at Twitter on Monday night, when he claimed the social media platform was “biased against half the country.”

Musk, who is set to purchase Twitter for $44 billion, responded to a tweet that said “on a just platform, everyone would be treated equally. As it is, you can be banned for merely criticizing (not even threatening) woke progressives, but they can send conservatives death threats without any repercussions.”

“A platform cannot be considered inclusive or fair if it is biased against half the country,” Musk tweeted Monday night.

Both tweets were on a string started by a Libs of TikTok comment stating that, “I have now received about a dozen death threats after radical leftists accused me of being a domestic terrorist extremist. Twitter has not removed any of the accounts of those who sent the threats.”

Libs of TikTok, which Media Matters described as a “wire service for the broader right-wing media ecosystem,” is operated by former real estate salesperson Chaya Raichik.

Raichik also alleged that Twitter staff were “debating whether to ban” her account, claiming that she has screenshots of internal conversations.

Musk has tweeted against the alleged “left wing bias” of Twitter before, which the company has denied.

The Tesla CEO also has said he would allow former President Donald Trump to return to the social media site. Twitter banned Trump’s account in January 2021 for “incitement of violence” after the Jan. 6 attack on the U.S. Capitol.

Musk last month said he would vote for Republican candidates in the upcoming 2022 midterm election — a break from his usual Democrat-leanings.

It was reported Monday that Musk would speak to Twitter, Inc. employees this week for the first time at a company-wide meeting since launching his $44 billion bid in April, said a source, citing an email from Twitter Chief Executive Parag Agrawal to staff.

Twitter plans to hold a shareholder vote by early August on its sale to Musk as it continued to work “constructively” to complete the deal with the world’s richest person.

Musk’s lawyers warned Twitter earlier this month that he might walk away from the deal if the company fails to provide the data he seeks on spam and fake accounts.

Twitter has said it is continuing to share information with Musk.


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FAA Approves SpaceX Environmental Checklist for Proposed ‘Starship’

The Federal Aviation Administration has approved a final environmental assessment of SpaceX’s ”Starship” spacecraft and Super Heavy rocket program in Boca Chica, Texas, after attaching more than 75 conditions to the proposed project.

Citing an FAA release from Monday, SpaceX’s changes must alleviate certain environmental concerns before the company secures the launch license at the site.  

The mitigations include protections for water resources and limiting biohazard controls and noise levels.

SpaceX will also be required to coordinate with a “qualified biologist” on lighting inspections to minimize the impact on sea turtles, operate an employee shuttle between Boca Chica and Brownsville, Texas, and perform quarterly cleanups of Boca Chica Beach.

Furthermore, SpaceX will reportedly contribute to local education and preservation efforts — namely preparing a historical context report of the Mexican War and Civil War battles that took place in the area, along with “replacing missing ornaments on a local historical marker.”

And finally, the company must annually contribute $5,000 each to organizations which protect ocelots and endangered birds of prey, as well as a Texas recreational fishing program.

SpaceX has been developing a reusable Starship rocket — that’s nearly 400 feet tall — with the goal of carrying cargo and groups of people beyond Earth. 

Within this mission, SpaceX has completed high-altitude flight tests with Starship prototypes, but it has yet to reach space following development and regulatory delays

SpaceX has already made changes to its expansion of the Starbase site, according to the FAA, with the company removing infrastructure plans for a desalination plant, natural gas pretreatment system, liquefier and power plant.

In February, CEO Elon Musk — the world’s richest man, and the apparent future majority owner of Twitter — gave a presentation on Starship at the Starbase facility in Texas, outlining the rocket’s testing procedures and eventual path forward.

In a Monday social media post, SpaceX’s Twitter account shared a link to the FAA’s website, and included the following message: “One step closer to the first orbital flight test of Starship.”

In May 2021, SpaceX successfully launched and landed the futuristic Starship, nailing a test flight of the rocket ship that Musk intends to use to land astronauts on the moon and eventually take people to Mars.


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Elon Musk to Address Twitter Employees for First Time in Town Hall

Elon Musk will speak to Twitter Inc employees this week for the first time at a company-wide meeting since launching his $44 billion bid in April, a source said on Monday, citing an email from Twitter Chief Executive Parag Agrawal to staff.

The meeting is scheduled for Thursday, and Musk will take questions directly from Twitter employees, the source added.

The news, first reported by Business Insider, comes after Twitter said last week that it anticipated a shareholder vote on the sale by early August.

A Twitter spokesperson confirmed that Musk would attend the company all-hands meeting this week.

Ever since Musk’s takeover bid, many Twitter employees have expressed concerns that the billionaire’s erratic behavior could destabilize the social media company’s business, and hurt it financially.

Back in April, Agrawal was seen quelling employee anger during a company-wide meeting where staff demanded answers to how managers planned to handle an anticipated mass exodus prompted by Musk.

Last week, Musk warned Twitter that he might walk away from his deal to acquire the company, if it failed to provide the data on spam and fake accounts that he seeks. 


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