00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla shares climbed 3.15% on Thursday, continuing a volatile month fueled by major
00:06announcements and global developments, according to Benzinga. Investor sentiment improved after
00:11CEO Elon Musk confirmed plans to build Colossus 2, a Tesla-powered AI supercluster in Memphis
00:17through his ex-AI startup. Investors were further encouraged by Musk's confirmation that Tesla's
00:21robo-taxi program will launch this June in Austin with 10 vehicles. Tesla's China operation showed
00:26signs of recovery as weekly insurance registrations rose, easing investor concerns about global
00:31demand. Despite losing the top EV sales spot in Europe to BYD, Tesla's stock remains resilient
00:36as investors focus on its long-term innovation strategy.
00:40For all things money, visit Benzinga.com slash GSTV.
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