Combining Tesla and SpaceX Makes 'A Ton of Sense' Says Munster

Tesla Inc. is weighing a potential separation of its China business to pave the way for a possible merger with SpaceX, according to the Wall Street Journal. Separating Tesla's China operations would be a complex undertaking due to the auto factory's deep embedding in China's electric vehicle supply chain and its role in supplying vehicles to markets worldwide. Gene Munster, Managing Partner at Deepwater Asset Management, joins Bloomberg Intelligence to discuss Tesla as well as to break down ...

Why Elon Musk would find it hard to decouple Tesla from China

Elon Musk has dismissed a media report claiming electric vehicle (EV) company Tesla is considering selling its China business, even as the speculation threatens to renew scrutiny over the American carmaker’s dependence on its main manufacturing hub in Shanghai. “This has never even come up in a discussion ever,” Musk, who is CEO of both Tesla and commercial aerospace giant SpaceX, posted on his X social media account on Friday. “Absurdly fake news.” The remarks by the world’s richest person c...

By Daniel Ren