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Italy reportedly contacted Tesla about truck production, shares climb
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investing.comShares of Tesla (NASDAQ:TSLA) rose 3.4% in premarket trading Tuesday after the Italian news outlet Il Sole 24 Ore reported that the country’s Industry Ministry officials reached out to the carmaker about the potential production of electric trucks.
With today’s uptick, TSLA is set to extend gains for a second consecutive session.
The stock has been one of the very few laggards within the Magnificent Seven group, which continues to thrive on the ongoing artificial intelligence (AI) boom.
TSLA is down more than 30% since the start of the year, broadly underperforming the S&P 500 index which gained 9.4% during that period.
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