Elon Musk has swiftly shot down a report suggesting that Tesla may be considering the sale of its China business, sparking relief among investors and fans of the electric vehicle manufacturer. The rumor, which emerged earlier this week, sent shockwaves through the market, with Tesla's stock price experiencing a significant dip. However, in a series of tweets, Musk has categorically denied the report, stating that the company remains committed to its operations in China and has no plans to divest its business in the country. As the world's largest electric vehicle market, China is a crucial component of Tesla's global strategy, and any potential sale would have significant implications for the company's future growth and profitability.
Musk dismisses report of Tesla’s potential China business sale WKZO
