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Tesla Stock Performance and Market Outlook

Jul 5, 2024

Following Tesla's inclusion in the Chinese government purchase list, the company's stock witnessed a notable surge in value. In pre-market trading, Tesla's stock price rose to $250.58, a 1.70% increase from the previous close, reaching a market capitalization of $785.787 billion. This positive market reaction reflects investor confidence in Tesla's future prospects and growth potential. The company's high P/E ratio and EPS underscore market expectations for its continued success.

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