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Express News | Soochow: The domestic automotive landscape and valuations are expected to undergo a new round of reshaping.
In 2024, new car sales in the USA are expected to reach a five-year high, with General Motors (GM.US) continuing to hold the title of best-selling brand.
In 2024, new car sales in the USA continue to rise, rebounding from the historical lows caused by the pandemic and supply chain shortages over the past four years.
Tesla Stock Jumps 8% as Free Supercharging for Life Makes a Comeback
Tesla's stock price strongly rebounded after being upgraded to a higher Target Price by Wall Street Analysts!
Driven by the upgrade of the Target Price by Wall Street Analysts, Tesla's stock price rebounded strongly on Friday.
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Top 20 by transaction volume | Bitcoin returns to $98,000, MicroStrategy rises over 13%; NVIDIA closes up 4.45%.
On Friday, the U.S. stock with the highest trading volume was Tesla, which closed up 8.22% with a transaction value of 37.896 billion US dollars; Palantir ranked 9th, closing up 6.25% with a transaction value of 4.908 billion US dollars; Cerence, an Auto AI technology company, ranked 14th, closing up 143.76% with a transaction value of 2.549 billion US dollars.
Overnight U.S. stocks | The Nasdaq and S&P 500 Index ended a five-day decline, with Tesla (TSLA.US) closing up more than 8%.
As of the close, the Dow Jones Industrial Average rose 339.86 points on Friday, an increase of 0.80%, closing at 42,732.13 points; the Nasdaq rose 340.88 points, an increase of 1.77%, closing at 19,621.68 points; the S&P 500 Index rose 73.92 points, an increase of 1.26%, closing at 5,942.47 points.
U.S. stock market fluctuations | Tesla surged over 8%, with 2024 sales in China reaching a historic high.
On January 4, 2023, Glonghui reported that Tesla (TSLA.US) rose by 8.22%, closing at $410.44, marking the largest single-day increase since November 12 of last year, with a total market capitalization of 1.32 trillion dollars. Tesla's data released on Friday shows that its cumulative sales in the Chinese market grew by 8.8% in 2024, setting a historical high sales record of over 0.657 million units in China. Despite the first decline in its global annual delivery scale, the incredibly strong demand in the Chinese market still supports Tesla's BEV sales in 2024.
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