{"id":837902,"date":"2026-07-31T09:57:09","date_gmt":"2026-07-31T09:57:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/837902\/"},"modified":"2026-07-31T09:57:09","modified_gmt":"2026-07-31T09:57:09","slug":"tesla-weighs-sale-of-china-business-to-pave-way-for-potential-spacex-merger-wsj-reports","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/837902\/","title":{"rendered":"Tesla weighs sale of China business to pave way for potential SpaceX merger, WSJ reports"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">July 30 (Reuters) &#8211; <a href=\"https:\/\/finance.yahoo.com\/quote\/TSLA\/\" data-ylk=\"slk:Tesla;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Tesla&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"no-affiliate-link link\">Tesla<\/a> executives have been told to prepare for a separation of its China business ahead of a potential merger with \u200cSpaceX, the Wall Street Journal reported on Thursday, citing a person \u200cfamiliar with the talks.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Tesla advisers have discussed possible options for a separation, including a spin off, \u200bsale or closure, the report said, adding that it was unclear how quickly Tesla could spin out or sell the China business and that the plans could change.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Tesla and SpaceX could not be immediately reached for comment outside regular business hours.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Tesla&#8217;s \u200cGigafactory Shanghai remains its \u2060largest and most productive plant globally, serving as its key export hub for Europe and the Asia-Pacific region.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The facility historically accounts \u2060for more than half of Tesla&#8217;s global deliveries, with an annual production capacity of more than 950,000 vehicles.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">While Giga Shanghai acts as a vital export pipeline, China itself \u200bis \u200bTesla&#8217;s second-largest market globally after the United \u200bStates, though it faces intense pressure \u200cfrom local players such as BYD.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Earlier this month, Tesla CEO Elon Musk left the door open to the EV maker merging with his other trillion-dollar-plus-valued firm SpaceX, declining to dismiss the possibility and citing growing overlap between the companies.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">SpaceX President and Chief Operating Officer Gwynne Shotwell has also acknowledged potential benefits, telling \u200cCNBC in June that folding the companies together &#8220;might \u200bmake Elon&#8217;s life a little easier&#8221; by streamlining \u200bmanagement across his businesses.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">However, JPMorgan \u200banalysts have pointed to the &#8220;practical bottleneck&#8221; of getting regulatory approvals \u200cfor both companies, particularly in China, \u200bwhere national security concerns \u200bover SpaceX&#8217;s U.S. government ties could pose problems.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">SpaceX went public last month after a record $75 billion initial public offering and was valued at $1.48 trillion \u200bas of Thursday&#8217;s close. \u200cTesla has a market capitalisation of $1.22 trillion.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">(Reporting by Fabiola Ar\u00e1mburo and \u200bChris Thomas in Mexico City, Ju-min Park in Beijing; Editing by \u200bChristian Schmollinger, Muralikumar Anantharaman and Lincoln Feast.)  <\/p>\n","protected":false},"excerpt":{"rendered":"July 30 (Reuters) &#8211; Tesla executives have been told to prepare for a separation of its China business&hellip;\n","protected":false},"author":2,"featured_media":837903,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,95,6888,69683],"class_list":["post-837902","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada","tag-china","tag-spacex","tag-wall-street-journal"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/837902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=837902"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/837902\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/837903"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=837902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=837902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=837902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}