Tesla To Build $3 Billion Factory In India📱SOLB PARA 📈 INTC ULTA 📉

FlowBank's hand-curated fresh financial news [header_noDither] Tesla Eyes India for New $3 Billion EV Factory Tesla plans to explore sites in India for establishing an electric vehicle (EV) factory worth up to $3 billion, focusing on the states of Maharashtra, Gujarat, and Tamil Nadu, which are already automotive hubs. This move comes as part of Tesla's ongoing efforts to penetrate the Indian market and aligns with Prime Minister Narendra Modi's initiative to boost domestic manufacturing. The decision follows India's recent policy changes, including reduced import tariffs for EVs under certain conditions and incentives for domestic manufacturing. This development is a significant step for Tesla amidst its global expansion and competition, particularly against China's BYD, which has recently seen fluctuating sales despite leading the EV market. WHAT'S MOVING [Group 1742 (60)-1] [Start Trading](113/cXx8Z04/VX3cCM8GYRh6W10JyZp1BPJZ9W4Mw1s55ctqRkM3ZwQM2-ZVTW6N1vHY6lZ3pQW1k0FTK1YcgN4N7D5jpqtjTtLVMZtN82LNrDSW1Zwcbp7vgkxQV3Wtcd3YNkNnW7jtnBb2psKftVqwTSs8PsjBtW1YKP487plbcTW6CFsF31RCf90MZFtXsS57mwW62mFgX7cDRqPW7SYbwb7zkjrKV7nsvL3Vg94TW5J345G36s0G7N55xHRMvlCwPVkCCqn2hpnvmW6-ZLjg4WXrQHW7mPXLT28ChtNW9bmfTT17zkgfW8m_M_m7Kz6xSW7bGQZ239GGzZW8Q4Xm46m3N7Lf6s53MR04) [Group 1754 (9)] Spotify Spotify's shares surged 8% after announcing plans to increase prices for its premium subscription service in several markets, including a new $11 basic subscription tier. [Group 1753 (9)] X Corp. Nick Caldwell is suing Elon Musk and X for breach of contract, alleging failure to pay millions in owed severance after his 2022 resignation, seeking approximately $22.8 million plus legal fees. [Group 3 (58)-2] Apple After shelving its electric vehicle project, Apple is now exploring the development of personal home robots, with the project still in early R&D phases. WHAT'S COMING UP? USD: Initial Jobless Claims: Exp. 213K v Prev. 210K IN OTHER NEWS Wall Street U.S. stock futures slightly rose Wednesday night, following the Dow Jones Industrial Average's third consecutive day of losses, where it fell by 0.1%. The S&P 500 and Nasdaq Composite saw minor gains of 0.1% and 0.2%, respectively. Concerns over the Federal Reserve potentially maintaining higher interest rates for an extended period impacted stocks negatively. [Group 1769] Europe European markets ended higher on Wednesday, overcoming initial negative sentiment from the new quarter's start, buoyed by a greater-than-anticipated drop in euro zone inflation. The Stoxx 600 index rose by 0.33%, with most sectors showing gains. Banks led the rise with a 1.4% increase, while food and beverage stocks declined by 0.9%. MARKET INSIGHTS 9 Coolest Luxury and Sports Car Stocks | 2024 A lot has been said about the rise of EV car companies like Tesla but are some of the traditionally cool car brands worth an investment? [Read more](113/cXx8Z04/VX3cCM8GYRh6W10JyZp1BPJZ9W4Mw1s55ctqRkM3ZwQ82-ZVTW5BW0B06lZ3l7Vnl2Tv1lR42qW3l7pQB1g5WKyW8wfjyT1YxnNGW438qsM7Kqy5HW15v22N571y-gW7G-DCj2cSYnnW8bZRVB7vBlGBW3TqXhs3FCqFRN7HT07qlL9mzW4_v4PF8z7wlpW8c7y5b19d132W4CJm094hzvRSN1LSZ6FQPrCbW77dYbJ5LNVLjW7sPlxh27r73WW4lR8Gg5N-dZjW5vddzF4zxJKTW1K4-km1r_K7Bf2p1Vpg04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. 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