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The Nexus
BUSINESSMay 7 · 16:01 UTCMARKETWATCHWilliam Gavin

Tesla’s stock rises as investors get a fresh sign that high gas prices are driving EV sales

Tesla's stock has risen due to high gas prices driving electric vehicle sales, with Tesla and its Chinese rivals achieving record unit sales in the region last month. This increase is a positive sign for investors. The surge in EV sales can be attributed to the current high gas prices.

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