Gavin Newsom Takes A Spin In Tesla's Refreshed Model 3 At Chinese Gigafactory After Praising Rival
Portfolio Pulse from Anan Ashraf
California Governor Gavin Newsom visited Tesla's gigafactory in China and praised the benefits of the factory for both China and the United States. He also drove the new Model 3 and spoke highly of autonomous driving. This comes after Newsom praised BYD's ultra-luxury Yangwang U8 EV. California is leading the EV revolution in the U.S., with a goal to transition all new vehicles sold in the state to EVs by 2035.

October 30, 2023 | 2:59 am
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POSITIVE IMPACT
Governor Newsom's visit to Tesla's gigafactory and his positive comments about the company and its products could boost investor confidence in Tesla.
Newsom's visit and positive comments about Tesla's gigafactory and products could be seen as an endorsement of the company, which could boost investor confidence and potentially increase demand for Tesla's stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100