Elon Musk Dismisses Reports Tesla Could Sell China Unit for SpaceX Merger
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.
Coverage (3)
- Analysis-Tesla’s China footprint complicates path to possible SpaceX merger (wixx.com)
- A separation of Tesla’s China business ahead of a potential SpaceX merger could get tricky (reuters.com)
- Elon Musk Dismisses Report Tesla Could Sell Chinese Business for SpaceX Merger: 'Absurdly Fake News' (finance.yahoo.com)