Tesla reportedly might sell its China business ahead of a SpaceX merger


Tesla is reportedly considering cleaving off its entire business in China to grease the wheels of a merger with SpaceX, according to the Wall Street Journal.

The newspaper reports that “some Tesla executives have been told to prepare for a separation of the China business,” which could include a “spinoff, sale or closure,” citing unnamed sources. The company reportedly would be able to do this fairly quickly because CEO Elon Musk had already tasked executives to prepare for a split in the event that Beijing invades Taiwan.

Separating China from Tesla’s global operations could make it easier to integrate the company into SpaceX, which is a defense contractor that has to follow strict rules around citizenship and national security. That would also be a major concession. China has grown to dominate Tesla’s business, not only as a market for its vehicles, but as a production hub that serves Asia more broadly, and also Europe.



Source link

Our recommendations for safe solar eclipse glasses for the Aug. 12, 2026 eclipse

Manchester United keeping tabs on Newcastle defender Lewis Hall ahead of potential summer move – plus latest on Marcus Rashford’s Old Trafford future

Leave a Reply

Your email address will not be published. Required fields are marked *