tirsdag 4. august 2026

What Are Elon Musk’s Business Interests in China?

Tesla's operations in China are back in the spotlight after CEO Elon Musk dismissed a report the company may end operations in the country ahead of a possible merger with Musk's other flagship company, SpaceX. In an X post, Musk called The Wall Street Journal article "absurdly fake news" and said the departure of Tesla—the only one of his companies with a presence in China—had "not even come up in a discussion ever."

Any sale, closure, separation or spinoff of its China business, which The Wall Street Journal said Tesla advisers were weighing, would have major implications for both the company and one of its most important markets. The world's second-largest economy is also Tesla's second-largest market, despite fierce competition from Chinese electric vehicle makers such as BYD and XPeng, which have rapidly expanded by offering lower-priced models and introducing new features at a faster pace.