Tesla Considers Separating China Business for Potential SpaceX Merger
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Tesla is reportedly exploring options to separate its China business, including a potential sale or spin-off, ahead of a possible merger with SpaceX. The move aims to address geopolitical tensions and regulatory concerns, as SpaceX is a major U.S. defense contractor. Tesla's China operations account for around 18% of its global sales and serve approximately 2 million vehicle owners in the country. Musk has denied these reports, calling them 'fake news'.
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