Musk denies report Tesla may sell China business

In late July 2026, a Wall Street Journal report claimed Tesla was considering selling its China unit ahead of a deal involving SpaceX. Elon Musk, who runs Tesla and SpaceX, quickly dismissed the report as "absurdly fake news" on social media. The report suggested Tesla might divest its China operations, but Musk's denial pushed back against the claim, though no further details were provided.