Tesla plans to build a new Gigafactory in Texas, creating jobs and producing more vehicles.

From Barchart: 2025-04-10 09:55:00

Tesla has announced plans to build a new Gigafactory in Texas, which will be the company’s largest factory yet. The factory is expected to create thousands of jobs and produce the Cybertruck, Semi, Model 3, and Model Y vehicles.
The US economy added 943,000 jobs in July, beating expectations and marking the biggest increase in nearly a year. The unemployment rate also fell to 5.4%, down from 5.9% in June.
Apple has become the first company to reach a market capitalization of $3 trillion. The tech giant’s stock price has been steadily climbing, driven by strong sales of iPhones and other products.
The Tokyo Olympics have officially begun, with athletes from around the world competing in various sports. The games are being held without spectators due to COVID-19 concerns.
Amazon founder Jeff Bezos took a short trip to space aboard his company’s Blue Origin rocket. The successful flight marks a major milestone in the commercial space industry.

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