A Look at tesla weighs sale of China business to clear path for SpaceX merger, report says
Some Tesla executives have been told to prepare for a separation of the China business, according to the Wall Street Journal.
Some Tesla executives have been told to prepare for a separation of the China business, according to the Wall Street Journal.
It marks a substantive step in Tesla’s efforts to localize its cabin experience in China.
Musk said on X the idea “has never even come up in a discussion,” calling it absurdly fake news.
Tesla China’s July wholesale sales rose 37.85% year-on-year, marking the ninth consecutive month of year-on-year growth.
Tesla’s Shanghai plant exported 295,324 vehicles in the January-July period, up 130.12% year-on-year and already more than in all of 2025.
Nio’s retail sales surged 70.5% year-on-year in July, keeping it at No. 8 in China’s NEV market.
BYD continued to dominate China’s NEV export market in July with 173,721 vehicles, while Tesla China exported 66,330 units.
The new variant, expected to be the Model Y Performance, has a 78.4 kWh battery pack, the same one used in Tesla’s longest-range models in China.
Giga Shanghai took about 9 months to go from 5 million to 6 million battery packs.
Multiple automakers, including Tesla, Xiaomi, Geely, Leapmotor and Xpeng, filed recall plans on the same day, covering more than 7 million vehicles in total.