TSLA | Tesla, Inc.
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The ground-breaking announcement from Baba came in the form of a partnership with China’s largest automaker SAIC Motor, to launch a new electric vehicle sedan in the world’s largest automotive market.
Here are three stocks that have already thrived under the Biden administration
The company said it will spend RMB 42 million, or $6.4 million on a new manufacturing facility to produce its third generation of fast chargers
The company now plans to invest $27 billion on EV projects, as compared to $20 billion it initially revealed
The news that investors were waiting for finally came after the closing bell on Monday as Tesla (NASDAQ:TSLA) was finally announced that it would be added to the S&P 500 index as of December 21, 2020.
Tesla Motors has anchored the red-hot electric vehicle sector so far this year, as the industry has enjoyed near triple digit growth across the board.
Tesla delivers GAAP earnings, clearing final hurdle for S&P 500 inclusion.
As the company’s valuation keeps climbing, speculation is growing that the company will soon join the S&P 500.
