Tesla +6% after report of Chongqing interest

Jul. 14, 2020 7:46 AM ETTesla, Inc. (TSLA) StockTSLABy: Clark Schultz, SA News Editor145 Comments
  • Tesla (NASDAQ:TSLA) has met with officials from a district in the city of Chongqing in southwestern China to discuss accelerating projects.
  • Tesla Vice-president Tao Lin is reported to have met with government officials to promote cooperation.
  • The official China Securities Journal newspaper says the cooperation between Tesla and the region could involve sales and maintenance centers rather than factories.
  • Shares of Tesla are up 6.44% premarket to $1,592.15 as momentum on the EV automaker stays red hot.

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