Musk Calls WSJ Tesla China Sale Report 'Fake News'
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- Elon Musk dismissed a report that Tesla is exploring a sale of its China unit, labeling the story 'fake news' (Investor's Business Daily)
- Tesla is weighing a sale of its China business to pave the way for a potential SpaceX merger, according to a WSJ exclusive — a claim Musk is now publicly contesting
Why it matters: The clash pits a named CEO against a major newspaper's sourcing: if the WSJ report is accurate, Tesla shareholders face a potential divestiture of a core market and an unprecedented corporate combination with SpaceX; if Musk's denial holds, the WSJ's sources are exposed as unreliable. The headline in Barron's — that speculation is heating up while Musk tries to cool it off — captures the unresolved tension that leaves investors without a clear answer.
