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Tesla (TSLA) Soars on Terafab Chip Expansion Plan Amid AI & Robotics Growth

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The Story

News Summary

  • Tesla announced the Terafab plan to massively increase chip production for AI and robotics, backed by multi-trillion dollar capex, signaling strong growth prospects despite current high valuation; legal issues involving Elon Musk have temporarily paused shareholder derivative cases.
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TSLA price history

356.30 -16.48% over the displayed period

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