Is Tesla Really Selling Gigafactory Shanghai? Elon Musk Says No

Elon Musk dismissed rumors that Tesla plans to sell its Gigafactory Shanghai plant, calling the claims fake news on Friday.

Musk's denial followed a Wall Street Journal report on a possible split of Tesla's China business. That report tied the move to a possible merger between Tesla and SpaceX.

What Musk Is Actually Denying

The rumor began after an X user suggested directly to Musk that Tesla was preparing to offload the plant. Musk's reply, posted early Friday morning, called the report absurdly fake news and urged people to assume breaking news is false until proven otherwise.

The Journal's report did not name Gigafactory Shanghai directly. Instead, it said Tesla advisers had weighed a spin-off, a sale, or a closure of the automaker's Chinese operations, options Musk has not addressed beyond his blanket denial.

Gigafactory Shanghai remains Tesla's largest plant, with annual capacity above 950,000 vehicles, and it historically accounts for more than half of the company's global deliveries.

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