Shanghai Tesla May Be Acquired by State-Owned Capital

English summary

### Shanghai Tesla May Be Acquired by State-Owned Capital

Time: 2026-07-31 11:01:01

Content: On July 31, according to Finance Overseas News, it was reported that Tesla (TSLA.US) executives have been told to prepare to separate its China business to facilitate a potential merger with SpaceX (SPCX.US). At present, Tesla's business in China is large in scale, with important assets such as the Shanghai Gigafactory. If it sells its China business, Tesla would obtain considerable funds to support the merger with SpaceX. At the same time, this also means Tesla would give up its direct presence in the Chinese market and instead compete through the merged company. SpaceX, as a global leading commercial space company, has successfully launched multiple Falcon 9 rockets and plans to carry out major projects such as Mars exploration in the future. If merged with Tesla, SpaceX would gain more resources and technical support, accelerating its space exploration process. The merger is still at an early stage, and specific details and progress remain to be further disclosed. ...