Key facts
- Tesla executives are preparing to separate the company's China business.
- This separation is reportedly in anticipation of a potential merger with SpaceX.
- Investors are actively submitting questions about the rumored merger.
- Shareholders are concerned about fair treatment and voting rights in any potential merger.
Tesla executives have been instructed to prepare for a separation of the company's China business, a move that could pave the way for a potential merger with Elon Musk's SpaceX. The Wall Street Journal reported the development, citing a person familiar with the talks.
Speculation surrounding a combination of the two companies has been growing, prompting Tesla investors to submit numerous questions ahead of the company's second-quarter earnings call. Shareholders are seeking details on the potential merger, including whether they will have a vote on the matter and how their interests would be protected. Some investors are also inquiring about the impact of a merger on Musk's compensation plan, which is tied to ambitious goals such as achieving 20 million EV sales and deploying 1 million robotaxis.
While many investor questions focused on Tesla's robotaxi rollout and Optimus robot, a significant number, at least 20, were related to the rumored SpaceX merger, indicating it is a prominent topic of concern and interest among shareholders. SpaceX recently raised $86 billion in a record-setting IPO.