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Could Tesla concede China business despite Musk's 'absurdly fake news' dismissal?

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FOMOGRAM Editorial Desk
Aug 1, 2026
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Could Tesla concede China business despite Musk's 'absurdly fake news' dismissal?
EXECUTIVE SUMMARY

Elon Musk has dismissed a Wall Street Journal (WSJ) report that stated that Tesla (NASDAQ: TSLA) is weighing a sale, spinoff or closure of its China operations ahead of a possible SpaceX merger, calling it “absurdly fake news” on X on Friday. The denial comes as US technology firms from Nvidia to Tesla face renewed...

Elon Musk has dismissed a Wall Street Journal (WSJ) report that stated that Tesla (NASDAQ: TSLA) is weighing a sale, spinoff or closure of its China operations ahead of a possible SpaceX merger, calling it “absurdly fake news” on X on Friday. The denial comes as US technology firms from Nvidia to Tesla face renewed...

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