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Boring Co Secures $3B UAE Funding: What It Means for Tesla Stock

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The Story

News Summary

  • Elon Musk's The Boring Company raised $3 billion in Series D funding led by UAE investors, boosting its valuation to $23 billion.
  • The capital will support building over 150 kilometers of underground transit in the UAE, providing positive sentiment across Musk's business ecosystem.
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TSLA price history

356.58 -16.41% over the displayed period

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