Shares of Tesla rose ~2.97% to $402.81 after CEO Elon Musk signaled the company’s Terafab semiconductor manufacturing project could launch within days. The near-term prospect of in-house chip production is viewed positively for Tesla’s supply-chain resilience and vertical integration, driving a modest stock move.
Shares of Tesla rose ~2.97% to $402.81 after CEO Elon Musk signaled the company’s Terafab semiconductor manufacturing project could launch within days. The near-term prospect of in-house chip production is viewed positively for Tesla’s supply-chain resilience and vertical integration, driving a modest stock move.
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mildly positive
Sentiment Score
0.25
Ticker Sentiment