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Elon Musk proposes making Taiwan a special administrative zone of China like Hong Kong

Also, the US billionaire stressed that Apple would be in very deep trouble

LONDON, October 7. /TASS/. US billionaire Elon Musk proposed to make Taiwan a special administrative district of China, like Hong Kong and Macau, speaking in an interview, published on the Financial Times website Friday.

"My recommendation […] would be to figure out a special administrative zone for Taiwan that is reasonably palatable, probably won’t make everyone happy. And it’s possible, and I think probably, in fact, that they could have an arrangement that’s more lenient than Hong Kong," Musk said.

He opined that the conflict for Taiwan is unavoidable, but will come at a great cost for the world. According to his assessments, the global economy would lose about 30% of its GDP in this scenario. Meanwhile, he expressed his hope that his Tesla plant in Shanghai will continue working in case of a war for Taiwan, even if its cars will only go on the Chinese market.

"Apple would be in very deep trouble, that’s for sure· …," Musk added.

On Biden’s second term

Musk also opined that US President Joe Biden, 79, is too old to run for a second term. Earlier this week, NBC reported that Biden stated his intention to run for re-election during his conversation with Reverend Al Sharpton earlier in September.

"You don’t want to be too far from the average age of the population because it’s going to be very difficult to stay in touch […] Maybe one generation away from the average age is OK, but two generations? At the point where you’ve got great-grandchildren, I don’t know, how in touch with the people are you? Is it even possible to be?" Musk said.

The entrepreneur made no effort to hide that he was insulted by Biden, who "deliberately didn’t invite" Tesla to the summit of electric vehicle makers in the White House last year and called General Motors the leader of the electric revolution in car making.

According to the Financial Times, Musk used to vote Democrat before, but now rather favors the Republicans. During the interview, he mentioned that he would like to found a super-committee on fundraising for campaigns of moderate candidates.