🌍✨ Tesla weighs selling China business to clear path for SpaceX merger
Why we’re watching: 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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🔭 What to watch next
- 📌 Key signal: Tesla is looking at cutting loose its China business to clear a path toward a merger with SpaceX, according to a new…
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Reporting curated for GreenTV. Original reporting via Electrek.