Tesla weighs selling China business to clear path for SpaceX merger | HappeningNow.news

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Tesla weighs selling China business to clear path for SpaceX merger

Tesla is looking at cutting loose its China business to clear a path toward a merger with SpaceX, according to a new Wall Street Journal report .

Source Electrek AI Summary Updated 1h 28m ago
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AI Summary

Tesla is looking at cutting loose its China business to clear a path toward a merger with SpaceX, according to a new Wall Street Journal report . If true, it would be a massive deal in the auto industry. Tesla’s Shanghai factory builds more than half of all Tesla vehicles, so any separation would carve out the single biggest piece of Tesla’s car operation.

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