There’s a lot of background discussion about this latest issue created by Elon Musk signing a pledge to support the socialist (communist) economic enterprise systems under the control of the Chinese Communist Party.

Most of the current discussion is focused on the weak ideological ‘free-market and democratic’ commitment exhibited by Musk’s adherence to the rules and dictates of the Chinese state.  However, I’m staying far outside the esoteric and nuanced implication of this.  The reality is much simpler.

Elon Musk is in a dire financial situation; he cannot afford to be high-minded and ideologically connected to free-speech and free-enterprise right now (if he ever was).

The Musk empire is in a very weak financial position; these decisions made, while China is holding such financial leverage over him, are made without option.  Ironically, Twitter is banned in China. lolol

(Via Daily Mail) – […]  Elon Musk’s Tesla was the only foreign company in the lineup of 15 other automakers to sign the letter.  Part of Musk’s pledge was a promise to support China’s ‘core socialist values’ and bear ‘the heavy responsibility of maintaining steady growth.’ 

The automakers also agreed not to ‘exaggerate or use false publicity and disrupt fair competition with abnormal pricing,’ according to Bloomberg. 

China accounts for one third of Tesla’s annual sales, reports the FT. The communist country is Tesla’s second-largest market after the U.S. and the Shanghai plant is the electric car maker’s largest production hub. 

Yaqiu Wang, senior China researcher with Human Rights Watch, criticized Musk’s moves, telling the FT: ‘Failing to comply with ‘core socialist values’ has been frequently used by authorities to punish speeches that are critical of the Chinese government.’  (read more)

Once you strap onto the ride with the dragon, you don’t get off until the ride’s over.

When the Turkish government told Musk to block the political opposition to the Turkish government, Musk complied.

When the French government told Musk to block and remove content adverse to their domestic interests, Musk complied.

When China says support Communism in our country, or else…. Musk adheres.

Elon Musk is no John Galt.