Musk Denies Tesla-SpaceX Merger, China Split Report
Musk called the report fake news as analysts said any deal would face major regulatory hurdles and could disrupt Tesla’s Shanghai output, which tops half its global deliveries.
- Elon Musk dismissed a report claiming Tesla is considering selling or spinning off its China operations as "absurdly fake news" on X, stating the idea "has never even come up in a discussion ever".
- The Wall Street Journal reported Tesla executives were asked to evaluate options—including a spin-off, sale, or closure of its Chinese business—to pave the way for a potential merger with SpaceX.
- Regulatory and security concerns surrounding SpaceX drive the speculation, as merging a major U.S. defense contractor with Tesla's wholly owned Chinese manufacturing footprint would face severe geopolitical hurdles.
- Musk recently fueled merger speculation himself by acknowledging growing operational overlap between Tesla and SpaceX during earnings discussions, declining to rule out combining his ventures.
- Gigafactory Shanghai remains critical to Tesla's global supply chain, operating as its largest production plant with over 950,000 vehicles produced annually and supplying over half of Tesla’s global deliveries.
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73 Articles
Elon Musk Denies Reports of Tesla Selling Its China Business as 'Fake News' | 📲 LatestLY
Breaking News: Tesla CEO Elon Musk has strongly refuted reports claiming the company might sell its lucrative China business, a move speculated to ease a potential merger with SpaceX due to geopolitical concerns. Learn how Musk dismissed the Wall Street Journal and TechCrunch reports as "absurdly fake news," highlighting the crucial role of Gigafactory. 📲 Elon Musk Denies Reports of Tesla Selling Its China Business as 'Fake News'.
Report That Tesla Considering Sale of Chinese Business Reportedly Completely False - CleanTechnica
There hasn’t really been a lot of notable news from Tesla lately. Even on hardcore Tesla fan sites, the news this year has often been little tidbits that mean more or less nothing and end up leading nowhere significant. There have been times when I’ve thought, “Hmm, I must be ... [continued] The post Report That Tesla Considering Sale of Chinese Business Reportedly Completely False appeared first on CleanTechnica.
A Tesla/SpaceX Merger Could Create a Big Mess in China: TDS
Tesla has reportedly considered jettisoning its business in China in the event of a SpaceX merger, though the company has denied this. The post A Tesla/SpaceX Merger Could Create a Big Mess in China: TDS appeared first on The Drive.
Elon Musk classified as "fake news" a report stating that executives of his electric vehicle manufacturer, Tesla, would have received instructions to prepare for a business separation in China before a potential merger with his space exploration company, SpaceX. Tesla advisors would have discussed possible options for such separation, including a split (spin-off), sale or closure of operations, reported the Wall Street Journal on Thursday, addin…
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