What Is the Biggest Obstacle to a SpaceX-Tesla Merger? JPMorgan Points to China

Why does JPMorgan consider Chinese regulatory approval the main obstacle to a SpaceX-Tesla merger?JPMorgan believes obtaining regulatory approval in China could represent the most significant challenge to a potential merger between Tesla (NASDAQ:TSLA) and SpaceX, outweighing the difficulties associated with securing support from Tesla shareholders. In a research note published Wednesday, JPMorgan analyst Rajat Gupta identified China’s importance to Tesla’s manufacturing operations and financial