Tesla Inc TSLA shares are trading higher by 3% at $698, rebounding after dipping earlier in the week following earnings. The stock may be moving higher in sympathy with Nio Inc - ADR NIO, which is also gaining following its Thursday earnings report.
Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. Tesla also sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities.
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