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TSLA Stock Jumps Overnight: Musk Calls Tesla China-SpaceX Merger Report ‘Absurdly Fake News’ — Says It ‘Never Even Come Up In A Discussion’
in5points
Tesla CEO Elon Musk called a report about a Tesla-China-SpaceX merger 'absurdly fake news' and said it 'never even come up in a discussion'.
The report suggested a China carveout could reduce regulatory complications related to SpaceX's U.S. defense work and possible Beijing scrutiny.
TSLA stock jumped overnight following the news.
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Near the middle: closer to straight reporting, less party-line spin.
About how the story is framed, not whether the facts are true.
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Rajeev Chandrasekhar / Jupiter Capital interests historically