Tesla Stock Surges as Musk Speculation Around TikTok Grows

Reported about 9 hours ago

Tesla's stock jumped over 6% on speculation that CEO Elon Musk might buy TikTok, which faces a ban unless sold to an American company. The U.S. Supreme Court has upheld a federal law requiring the sale due to national security concerns. Analysts suggest that Musk's connections with Beijing may facilitate a deal, although TikTok's parent company, ByteDance, reportedly prefers to keep the platform.

Source: YAHOO

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