Elon Musk Could Buy TikTok
Transcript: Why China wants Musk to save TikTok
TikTok’s owners are in a race against the clock. A law will likely take effect on Sunday that requires TikTok’s US operations to be sold or it’ll be outlawed in the country. The Chinese government is considering whether Elon Musk could broker a sale. I’m joined now by the FT’s Joe Miller to unpack all this. Hi, Joe.
Musk has a positive reputation among many ByteDance employees in China, according to a person familiar with the matter. He is seen as a very successful entrepreneur, who has experience engaging ...
Musk’s electric vehicle company Tesla, his largest business, does a significant amount of business in China. About 23%, or $5.7 billion of Tesla’s $25.2 billion in revenue in its most recent ...
Still, there are logical reasons why Musk, ByteDance and China might all find it in their best interests to facilitate a sale of TikTok’s assets to the X owner. ByteDance may simply want to earn ...
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh U.S. sanctions on Russian producers and ...
REUTERS TikTok declined to comment, while Musk did not immediately respond to a request for comment. X could not immediately be reached for a comment. The Cyberspace Administration of China and ...
ByteDance and many in the Chinese business sector have a positive view of Musk in general. They see him as a successful entrepreneur and one with significant business interests in China.
Outlook: Investors are still not pricing in enough risks in emerging markets from the fallout of a new US-China trade war, ...
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