BusinessHindustan Times
Tesla Weighs Sale of China Business to Pave Way for Potential SpaceX Merger
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Tesla is weighing a sale, spinoff, or closure of its China business over geopolitical concerns and a potential SpaceX merger.
Elon Musk instructed Tesla executives to keep a 'laser' between U.S. and China operations to ensure U.S. survival in case of conflict.
Tesla's China operations include an EV factory in Shanghai that helped make it a profitable global EV leader.
A separation would create a firewall for SpaceX, a major U.S. defense contractor with restrictions on foreign ties.
SpaceX's June IPO raised $86 billion, fueling investor interest in a merger with Tesla.
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