Tesla Stock Price Outlook: Why Musk's China Visit Means More Share Upside

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Tesla Stock Price Outlook: Why Musk's China Visit Means More Share Upside

Markets Insider2023-05-31

Elon Musk's trip to China shows Tesla is "playing nice" with Beijing amid US-China tensions, Wedbush said.Musk's private jet landed in Beijing on Tuesday, marking his first trip to China in 3 years, ...

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omegatron
·2023-05-31
If China took away 5% of their cash would that raise the value of the yen by 5% globally??
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Already, the company has slashed prices on its models six times over the past year, and has also floated building another battery factory in Shanghai, which could potentially boost production while lowering costs.It makes business in China an important factor for Tesla's success -- something it and other tech firms could be concerned about as tensions between the US and China potentially reach a breaking point. Chinese officials have expressed fury over US politicians' show of support for Taiwan and Congress's heated grilling of TikTok's CEO. Lawmakers are reportedly considering limit US investment in Chinese firms, with China suggesting that it could retaliate if its firms continue to face harsh treatment by the US.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":182320846098464,"gmtCreate":1685520995413,"gmtModify":1685521523046,"author":{"id":"4115698506180872","authorId":"4115698506180872","name":"omegatron","avatar":"https://community-static.tradeup.com/news/7c50ced86f20a5051a501a4ce07fdf91","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4115698506180872","authorIdStr":"4115698506180872"},"htmlText":"If China took away 5% of their cash would that raise the value of the yen by 5% globally??","listText":"If China took away 5% of their cash would that raise the value of the yen by 5% globally??","text":"If China took away 5% of their cash would that raise the value of the yen by 5% globally??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182320846098464","repostId":2339328910,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":35,"commentSize":1,"repostSize":3,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}