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Elon Musk’s wink at Argentina: from Catamarca lithium to the single currency with Brazil

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Elon Musk this weekend gave his full support to “Sur”, the South American currency project, in another of a series of winks towards Argentina as of late. The Tesla CEO and Twitter celebrated via a tweet the possibility that Argentina and Brazil have a common currency. “It’s probably a good idea,” the tycoon said. However, it was not the first time he had intervened in discussions about our country.

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The tweet from owner Tesla and SpaceX was published this weekend in a message thread from the Whole Mars Catalog account, based on a report from the Financial Times, detailing the bilateral initiative between the South American countries.

“Brazil and Argentina begin preparations for a common currency. Other Latin American nations will also be invited to join the plan, which could create the second largest monetary union in the world (after the EU),” describes the first publication.

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As published by this blog, which usually provides information on news from Tesla, the automaker that Musk, and various corporate matters, in the beginning this currency “ran parallel to the Brazilian real and the Argentine peso.”

“Lula” da Silva arrived in Argentina this Sunday where he plans to meet his Argentine counterpart before the VII Summit of the Community of Latin American and Caribbean States (CELAC).

Coordinated work to establish a common currency should be one of the most important topics to be discussed at the international event.

Elon Musk’s connection to Argentina

In recent times, the South African tycoon has not only referred to Argentina in various messages on Twitter, but has also given it a prominent place for his business in the region.

through starlinksthe high-speed satellite internet company, Elon Musk registered it as a company with the Inspectorate General of Justice (IGJ) and, at the same time, opened the pre-registration phase for the service for Argentine users.

According to the March 2022 Gazette, the company was registered under the name Starlink Argentina SRL, controlled by its companies in the Netherlands, Starlink Holdings Netherlands and Space X Netherlands.

Starlink has promised to “provide Internet services to companies or individuals, provide Internet connectivity services and satellite Internet services”, as well as “develop, market and install hardware devices, including antenna and user terminal”, among other activities.

In early 2022, a series of Tesla representatives sent by Elon Musk visited the province of Catamarca together with officials and executives of Livent, a US-owned mining company that exploits the Salar del Hombre Muerto deposit and produces carbonate there. lithium, one of the main inputs used in electric car batteries.

In said meeting, the miner confirmed an investment of 1,100 million dollars and in view of a possible deal to triple the business in Argentina.

It even went as far as the furor aroused by the Argentina national team on their way to the title at the World Cup in Qatar 2022. Through a short message on his personal account on his social network, the Starlink founder congratulated the team after qualifying for the final of the tournament. “Congratulations Argentina!!,” he posted succinctly on his @elonmusk account.

Nor did he want to be excluded from the celebrations after the thrilling final against France, which marked Lionel Messi’s third star for Argentina’s national team: “Duel in the desert. I couldn’t ask for a better game. Incredible play from Argentina and France”. In the message he attached the video of the moment in which Gonzalo Montiel converts the decisive penalty and celebrations break out at the Lusail Stadium.

Elon Musk’s dream: an ad-free Twitter

On the other hand, the head of the social network once again gave details of the news of his social network. Saturday confirmed it an upgrade to your subscription will not include adsafter complaining that “they are very frequent” and “very large”.

Musk, sole owner of the social network, which he bought last year for 44,000 million dollars, regularly uses tweets to signal his plans, what he thinks or ask questions, and this Saturday he also indicated that measures will be taken in the coming weeks to address the issue of ads.

“The announcements are too frequent on Twitter and too big” and that “steps are being taken to address both in the coming weeks,” said the billionaire, who is making massive layoffs at the company.

“Also, there will be a more expensive subscription that allows for zero advertising,” he said.

Musk also noted that the platform will be translating and recommending “awesome” tweets from people from other countries and cultures in the coming months.

Source: Clarin

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