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Tesla Updates: Tesla rallied almost 10% after Morgan Stanley upgraded the electric car maker to "overweight" from "equal-weight," saying its Dojo supercomputer could boost the company's market value by nearly USD 600 billion.
The policy being considered could allow automakers to import fully-built EVs into India at a reduced tax as low as 15%.
During Tuesday's meeting, Elon Musk cautioned that the next 12 months could be challenging for the Austin-based company, largely because of rising interest rates.
During Tuesday’s meeting, Elon Musk cautioned that the next 12 months could be challenging for the Austin-based company, largely because of rising interest rates.
Tesla published its report for the first quarter of 2023, which shows that the EV manufacturer enjoyed record-high deliveries and production.