What's Going On With Tesla Shares Monday?
Portfolio Pulse from Dylan Berman
Tesla shares are rising as Panasonic prepares for mass production of high-capacity 4680 EV batteries, which could enhance Tesla's vehicle range and efficiency.
September 09, 2024 | 6:18 pm
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Tesla shares are increasing due to Panasonic's announcement of mass production of 4680 batteries, which are expected to improve EV range and efficiency.
The news of Panasonic's mass production of 4680 batteries is significant for Tesla as these batteries are expected to enhance the range and efficiency of Tesla's electric vehicles. This development is likely to positively impact Tesla's stock price in the short term as it aligns with Tesla's goals of improving EV performance.
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