Chinese solar stocks rally on reports Elon Musk's Space X, Tesla staff visited suppliers [MSNBC.com]
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Source: MSNBC.com
In this articleA car travels past photovoltaic panels at the Al Dhafra Solar project, constructed by Electricite de France SA (EDF) and Jinko Power Technology Co. Ltd., in Abu Dhabi, United Arab Emirates, on Tuesday, Jan 31, 2023.Christopher Pike | Bloomberg | Getty ImagesShares of Chinese solar panel makers surged Wednesday after local media reported that staff linked toElon MuskThe reports fueled talk of a potential business partnership and came days after Musk said he planned to build large-scale solar cell production capacity in the U.S.Shares of China-basedJinkoSolarJolywood Suzhou Sunwatt, which makes photovoltaic auxiliary materials, also saw its shares jump 20%.Other solar panel makers, including Trina Solar and Shenzhen Topraysolar, gained 8.9% and 10%, respectively. The CSI All Share Solar Power Equipment Sub-Industry Index rose 6.8%.Stock Chart IconStock chart iconAccording to local media reports, a team sent by Musk recently visited several photovoltaic companies in China,
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- China banning hidden door handles on cars starting in 2027 due to safety concerns [CBS News]CBS News
- Tesla Sees 9.3% Jump in China-Made EV Sales in January [Yahoo! Finance]Yahoo! Finance
- Why Cantor Is Sticking With Tesla (TSLA) on AI and Robotics [Yahoo! Finance]Yahoo! Finance
- SpaceX hits €1.06tn after xAI merger as Musk consolidates empire [Yahoo! Finance]Yahoo! Finance
- Chinese solar stocks rally on reports Elon Musk's Space X, Tesla staff visited suppliers [CNBC]CNBC
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