Elon Musk denied reports that Tesla is preparing to split its U.S. and China operations, writing on X that the issue was never discussed and calling it fake news. The controversy grew after the Wall Street Journal reported executives were told to prepare for scenarios including a spinoff, sale or closure. The report cited efforts to draw clearer boundaries between the two businesses amid geopolitical risks.

South Korea will implement an amended Information and Communications Network Act on July 7, allowing up to five times punitive damages and fines of up to 1 billion won for distributing false or manipulated information. The law applies to those who post and circulate content, including comments, and platforms can delete or limit exposure after reviewing reports under their policies. Private messaging is excluded, but open chat services may be covered. Platforms make initial determinations, while courts make final rulings on falsity and liability.