finance.yahoo.com

Elon Musk Dismisses Reports Tesla Could Sell China Unit for SpaceX Merger

SpaceX logoSpaceX
Sig1.21Sen+0.35Env0.00Soc0.00Gov0.00
Tesla logoTesla
Sig1.97Sen-0.77Env0.00Soc0.00Gov-1.67

Tesla CEO Elon Musk dismissed reports that the EV maker was considering selling its Chinese business to pave the way for a potential merger with SpaceX. Musk said the idea had never been discussed, noting China’s importance to Tesla’s model lineup and exports, including production from its Shanghai Gigafactory.

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