Tesla Rises on Positive EV Sales Data and Elon Musk's Potential TikTok Purchase

Reported about 15 hours ago

Tesla's stock surged by up to 3% on Tuesday, driven by encouraging global electric vehicle sales data, which showed a 25.6% year-on-year increase. Additionally, media reports suggested that Elon Musk could acquire TikTok's U.S. operations as part of a contingency plan due to looming regulatory deadlines. Despite some fluctuations, Tesla shares remained buoyed by positive market sentiment and renewed interest in the company's growth prospects.

Source: YAHOO

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