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ARK Invest Acquires 20M Tesla Shares After Stock Drop

Tesla’s Stock Slide: ARK Invest Makes a Bold Move As a fervent admirer of all things Tesla, I find myself oscillating between exhilaration and trepidation as I observe the ebbs and flows of TSLA stock. Recently, a significant development caught my eye—ARK Invest, led by the ever-visionary Cathie Wood, scooped up a staggering 20 million shares of Tesla following a notable stock slide. This bold maneuver begs the question: Is this a masterstroke of market timing or a perilous plunge into turbulent waters? The Stock’s Rollercoaster Ride Tesla's stock has always been a wild ride, and this latest dip showcases its volatility. With shares tumbling, the opportunity for ARK Invest to bolster its position in such a transformative company is intriguing, to say the least. Key Points: ARK’s Strategy : ARK Invest's decision to load up on Tesla shares highlights their unwavering belief in the company’s future potential. Market Reaction : The stock slide might alarm some investors...

Tesla's Giga Mexico to Build New Production Line for $25k Compact Car

As a Tesla owner and investor, I am always excited to hear about the company's expansion plans, especially when it comes to a new Gigafactory. The recent news of Tesla constructing a new factory in Mexico has caught my attention, and I am eager to learn more about the company's plans for this new facility. According to reports, the construction of Tesla's Giga Mexico is expected to take 12 to 15 months, which is longer than the nine months it took to build Giga Shanghai. However, I am not too concerned about the extended timeline, as I understand that the company is working on a new production line for its upcoming compact car, which is expected to be a smaller version of the Model Y.

As an electric vehicle enthusiast, I am always looking forward to new models from Tesla, and the new compact car is no exception. Here are some of my thoughts on what we can expect from this new vehicle:

Affordability

One of the most exciting things about the new compact car is its expected price point of $25k. This is a significant drop in price from the current Model Y, which starts at $41k. With this new car, Tesla is making electric vehicles more accessible to the masses, which is in line with the company's mission to accelerate the world's transition to sustainable energy.

Range

While we don't have any official figures on the range of the new compact car, I am optimistic that it will be impressive. Tesla has been working hard to improve the range of its vehicles, and I believe that the new car will be no exception. With advancements in battery technology and Tesla's expertise in this area, I expect the new car to have a range that is competitive with other electric vehicles on the market.

Design

While we don't have any official images or renders of the new compact car, I am excited to see what Tesla comes up with. The company has a track record of creating sleek, modern designs that are instantly recognizable as Tesla vehicles. I am eager to see how Tesla will translate this design language to a smaller vehicle.

Overall, I am excited about the news of Tesla's Giga Mexico and the extended construction timeline. I believe that the new compact car will be a game-changer for the electric vehicle market and will help to accelerate the adoption of sustainable energy. As a Tesla owner and investor, I am confident that the company is on the right track and look forward to seeing what the future holds.

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