LA Times Owner Patrick Soon-Shiong Sparks Debate With Push to 'Balance' Editorials by Hiring Conservative Voices 
Lummis Calls on Treasury to Swap Gold for Bitcoin in Strategic Reserve Plan 
Dogecoin Eyes $4 After Elon Musk Affirms 'D.O.G.E. Has Real Potential' 
Cathie Wood Says Bitcoin’s Journey Is Just Beginning as It Hits $90K With "A Long Way to Go" 
Trump’s Crypto Win Rocks Ethereum: Bitcoin Soars, ETH Slumps ‘More Brutal Than I Expected’ 
Trump’s Bitcoin Reserve Plan: Could $90B in BTC Make the U.S. a Crypto Superpower? 
CNN Faces 'Unprecedented Crisis' After Historic Ratings Collapse: 'Only 61,000 Viewers in Key Demo' 
Trump Meeting Rumors Put Ripple Labs CEO in Hot Seat; XRP Soars Amid Backlash 
Taiwan Appeals to EU for Bold Economic Pact to Strengthen Semiconductor Alliance 
‘Massive Market Shakeup’: Second Trump Term Sparks Investor Optimism but Raises ‘Explosive’ Policy Questions Ahead 
‘Trump Trade’ Economics Explained: How Tariffs, Deregulation, and Spending Plans Could Reshape the Market 
Russia Cuts Gas to Austria in Payment Showdown: EU Energy Crisis Takes a Heated Turn 
Tyler Winklevoss: D.O.G.E. Could Be the US’s Secret Weapon Against Rising Inflation 
Nvidia's Blackwell AI Chip Overheats—Launch at Risk as Tech Giants Grow Anxious 
Xiaomi SU7 Blazes Past 100K Deliveries Early, Ramps Up 2024 Goal to 130K Units 
Shiba Inu Team Sounds Alarm on Scammers Amid SHIB’s 12.5% Price Surge 
Why Inflation Won’t Stop Tariffs: ‘The Political Agenda Matters More,’ Warns Economist 
Elon Musk, Tesla’s chief, declared last weekend that he would close down his car company if the electric cars they made were really used to spy in China or anywhere else. He gave this statement after it was reported that the Chinese military banned Tesla cars in its facilities.
Why Tesla has been banned
Reuters was informed by sources that the military in China announced that all Tesla cars are prohibited from entering its compounds. It was said that the force indicated security concerns as the reason for the new directive.
In particular, the Chinese military explained that the cameras in the Tesla cars are what is mainly bothering them. Based on the report, the order for the banning of Elon Musk’s Tesla vehicles emerged during a meeting in Alaska that was attended by high-ranking Chinese and American diplomats.
Musk’s reaction to the unexpected restriction from the Chinese government
Elon Musk denied that his Tesla cars are spying in China or anywhere else. In his speech to the China Development Forum, he urged the Chinese government to foster greater mutual trust.
“There’s a very strong incentive for us to be very confidential with any information,” Musk said during the virtual meeting. “If Tesla used cars to spy in China or anywhere, we will get shut down.”
In any case, Tesla sold over 147,445 electric vehicles in China last year. This number makes up 30% of the total that the EV-maker sold worldwide. Currently, Tesla is competing for head to head with local EV manufacturers, Geely and Nio.
The Wall Street Journal noted that government agencies, state-owned companies, and people who are working for the Chinese army had been prohibited from using Tesla cars, especially if they will bring the EVs to their respective facilities.
It was claimed that since the car has exterior cameras that continuously record footage, the clips and images could be collected and sent to the U.S. The Chinese are suspicious and believe this could happen, and this prompted Elon Musk to speak up and assure China that his cars are not being used in that way, and it was all a misunderstanding.
