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Tesla Stock Movement Possibly Attributed To Tramway Report Out Of China

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Shares of Tesla Motors Inc (NASDAQ: TSLA) experienced some volatility Monday amid the release of a news report in China on sina.com.cn.

The translated article suggested a possible connection between CSR Corporation, its tramway manufacturing division, and Tesla.

The article also mentioned several “new energy vehicles” from German automotive manufacturers.

Shares of Tesla Motors recently traded at $205.45, down 0.67 percent.

Posted-In: CSR Corporation sina.com.cnNews Rumors

 

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