Tesla Without China Would Help Musk, Not Its Investors

Elon Musk has denied a Wall Street Journal report that Tesla Inc. might hive off its business in China to facilitate a merger with Space Exploration Technologies Corp. as “absurdly fake news.” Let’s acknowledge that upfront. Let’s also acknowledge that Tesla’s chief executive officer has been known to post things, including about proposed deals involving the company, that end up being not quite accurate. If any sort of corporate restructuring involving Tesla’s Chinese operation is even being dis