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TSLA Stock Jumps Overnight: Musk Calls Tesla China-SpaceX Merger Report ‘Absurdly Fake News’ — Says Its ‘Never Even Come Up In A Discussion’
in5points
Elon Musk called a report of a Tesla-China SpaceX merger 'absurdly fake news' and said it has never come up in a discussion.
The report suggested a China carveout to reduce regulatory complications from SpaceX's U.S. defense work and possible Beijing scrutiny.
TSLA stock jumped overnight following the report and Musk's denial.
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