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Tesla (TSLA) Soars on $20B Terafab Chip JV Amid NHTSA Probe and European Sales Boost

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The Story

News Summary

  • Tesla shares rose 3.5% after unveiling a $20B Terafab chip joint venture targeting 2027 output.
  • Despite an expanded NHTSA probe on Full Self-Driving safety issues, regional sales in Europe increased 11.8%, with analysts divided on the stock's near-term outlook.
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TSLA price history

358.57 -15.94% over the displayed period

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