Shares of electric vehicle maker Tesla, Inc. (NASDAQ:TSLA) rose sharply in premarket trading on Monday amid reports that the company would manufacture 25,000-euro EVs in its Giga Berlin plant.

Tesla CEO Elon Musk said in a post on Friday that he was on a visit to the German plant, which manufactures Model Y cars. An unofficial X account, which posts news on the factory, said ...

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