Tesla denies sale of China business amid SpaceX merger buzz

Electric vehiclesElon Musk calls report 'absurdly fake news' as his companies navigate geopoliticsEmployees work at the Tesla Gigafactory in Shanghai during a government-organized media trip on April 14. © ReutersCISSY ZHOU and GLORIA LIJuly 31, 2026 15:44 JSTHONG KONG -- U.S. automaker Tesla on Friday denied that it is exploring a sale of its Chinese business, as questions mount over its future in the world's largest car market amid speculation of a possible merger with SpaceX.