Read More

What’s Going On With Tesla’s Stock?

According to a Reuters report, Tesla has switched gears to a plan to develop its self-driving system with data from China that could be processed within the country, rather than exporting the data outside of China. According to two people familiar with the matter, Tesla is currently developing plans for a data center in China to train the algorithm needed for its Full Self Driving (FSD) system.

TSLA

Read More

China Goes All In As Beijing Vows To Buy Unsold Properties: Chinese Stocks Rally, Copper Hits All-Time Highs

China announces aggressive measures to boost property market, including easing mortgage rules and urging local governments to purchase unsold homes. Stocks and commodities tied to China rally in response to the news.

BABA