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Tesla reportedly might sell its China business ahead of a SpaceX

Tesla is reportedly considering selling its entire China business to clear the path for a potential merger with Elon Musk's aerospace company, SpaceX. This strategic move aims to circumvent national security regulations tied to SpaceX's defense contractor status, which could be complicated by Tesla's deep ties in China. The divestiture would be a major concession, as China is a critical market and manufacturing hub for the EV giant.