Elon Musk has denied market rumors that Tesla is considering selling or splitting its China business, rejecting claims tied to a potential merger with SpaceX. The denial came after speculation circulated that Tesla might adjust its China strategy in connection with such a plan. According to the report cited by Techub News, Musk called the merger-related claims fake news. His response indicates that Tesla has no plan to sell or separate its operations in China. The development addresses a market narrative that had linked Tesla’s China business to possible corporate restructuring tied to SpaceX.
Techub News reported that Elon Musk denied claims that Tesla is considering selling or splitting its China business, and said rumors linking the move to a potential merger plan involving SpaceX were fake news.
Market speculation had earlier suggested Tesla might adjust its China business strategy because of a possible merger with SpaceX. Musk’s denial indicates the company has no plan to sell or split its China operations.
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