The Tesla CEO should be focused on his EV business at a time when the automotive landscape is rapidly evolving. Investors also don’t need another distraction.

Chinese officials are reportedly exploring a backup plan for TikTok after the Supreme Court appeared unlikely to save it from a US ban. With TikTok’s legal options nearly exhausted, multiple news outlets are reporting that China is considering an option it previously said it wouldn’t: letting ByteDance sell the app.