Elon Musk Confesses to Lithium Coup in Bolivia

The billionaire CEO of Tesla and lithium-exploiting capitalist has admitted his role in the November coup.

The CEO of the U.S.-based Telsa car manufacturer has admitted to involvement in what President Morales has referred to as a “Lithium Coup.”

“We will coup whoever we want! Deal with it.” was Elon Musk’s response to an accusation on twitter that the U.S. government organized a coup against President Evo Morales, so that Musk could obtain Bolivia’s lithium.

Foreign plunder of Bolivia’s lithium, in a country with the world’s largest known reserves, is widely believed to be among the main motives behind the November 10, 2019 coup.

Lithium, a critical component of the batteries used in Tesla vehicles, is set to become one of the world’s most important natural resources as manufacturers seek to obtain it for use in batteries for electric cars, computers, and industrial equipment.

The defacto administration of Jeanine Añez has already announced its plan to invite numerous multinationals into the Salar de Uyuni, the vast salt flats in Potosi, which holds the precious soft metal.

Right-wing Vice Presidential candidate and running mate to Añez, Samuel Doria Medina, proposed a Brazilian-Bolivian project which would use lithium from the town of Uyuni.

Meanwhile, letter from the coup regime’s Foreign Minister Karen Longaric to Elon Musk, dated march 31st, says “any corporation that you or your company can provide to our country will be gratefully welcomed.”

Social movements have repeatedly warned that lithium and natural resources would be surrendered to foreign capital by coup authorities, in a reversal of plans by Evo Morales’ Movement Towards Socialism (MAS) administration to process the lithium within Bolivia rather than exporting the raw material to the global north.

The project represented a rejection of the neocolonial relationship Latin American countries have often had with the imperialist cores.

Bolivia’s former MAS government oversaw the production of batteries and its first electric car by the Yacimientos de Litio Bolivianos (YLB) state company, in partnership with German company ACISA. In the deal, the Bolivian state kept majority control.

With the agreement now scrapped along with countless other state projects, and with elections now thrice delayed by the illegitimate defacto authorities, the people of Uyuni and social movements around the country say they’ll continue to oppose the ongoing privatization and are organizing against the return of looting of Bolivia’s natural resources by ruthless and exploitative foreign capital.

*

Note to readers: please click the share buttons above or below. Forward this article to your email lists. Crosspost on your blog site, internet forums. etc.

Featured image: Tesla CEO Elon Musk (L) Authorities of Chayanta (R), Norte Potosi, Bolivia. May 24, 2020 | Photo: Twitter/ @KawsachunCoca


Articles by: Telesur

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Centre of Research on Globalization grants permission to cross-post Global Research articles on community internet sites as long the source and copyright are acknowledged together with a hyperlink to the original Global Research article. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected]

www.globalresearch.ca contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the copyright owner.

For media inquiries: [email protected]