Tesla shares are trading higher. The company increased its 72 month loan rate APR in the US from 0.99% to 1.99%.
Portfolio Pulse from Benzinga Newsdesk
Tesla shares are trading higher after the company increased its 72-month loan rate APR in the US from 0.99% to 1.99%.
May 21, 2024 | 4:31 pm
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POSITIVE IMPACT
Tesla shares are trading higher after the company increased its 72-month loan rate APR in the US from 0.99% to 1.99%.
The increase in the loan rate APR suggests that Tesla is confident in its demand and pricing power, which is positively impacting investor sentiment and driving the stock price higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100