Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk has yet again expressed his concerns over population collapse. This time around, his concern was directed toward China, a country that is central to Tesla's growth thesis.
What Happened: Musk was commenting on a BBC article that delved into China potentially moving toward contraction in population for the first time since 1959-61, when the great famine struck. Quote tweeting the article, Musk highlighted some key points made in the article that included China having the lowest birthrate on record in 2021 despite having a three-child policy. He chimed in with a premonitory warning. "At current birth rates, China will lose about 40% of people every generation," Musk said.
The BBC story noted that the fertility rate, or otherwise births per woman, has tapered off to 1.15 in 2021, well below the 2.1 needed to replace deaths. In 2016, China rolled back its one-child policy that was put in place to check population growth and then went on to introduce a three-child policy in 2021.
Related Link: Why This Analyst Thinks Tesla's June Quarter Deliveries Will Be Better Than Feared
Why It's Important: Musk has on multiple instances warned of an imminent population collapse. In May, he warned that if the population decline in Japan isn't stemmed, the country will soon cease to exist.
Delving on the uneven distribution of population, Musk said in another tweet in May that humans are occupying only a tiny percentage of the Earth's surface and that's why people in cities think the Earth is full of people when in reality it is "basically empty."
Photo: Courtesy of Nvidia Corp. via Flickr
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