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Tesla Shares Slip Nearly 1% as Musk Outlines Cybercab Factory Plans

Tesla CEO Elon Musk outlined plans to free Cybertruck factory capacity for Cybercab expansion. Nikkei separately reported Terafab is targeting capacity of 1 million wafers a month from 2032 onward.

TSLA

Shares of Tesla, Inc. (TSLA) slipped nearly 1% overnight heading into Monday as CEO Elon Musk outlined plans to free Cybertruck factory capacity for Cybercab expansion. Separately, Nikkei reported that Terafab is targeting a capacity of 1 million wafers a month from 2032 onward.TSLA stock jumped 4…

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