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Transcripts For BLOOMBERG Bloomberg Technology 20240713

A ceo of ak to security firm. And lyft, peloton, all went public. We will have a recap of it all. Tesla shares said a new record high, 420. Elon musk claimed tesla would go private last year. Earlier today, he tweeted the stock price is so high, lol. Our bloomberg reporter. What is driving it for tesla this time around . Allrter the momentum is about china, taylor. One . 4t, tesla group billion from financing and local banks and much welcome cash injection. That built momentum from last week, where in november, new vehicle registrations for tesla in china hit a five month. Youll remember those vehicles are subject to a 25 import duty. If tesla can get that shanghai run up and running, they can offer vehicles that are more competitive priced, and the unit costs will be lower. They will be able to get deeper into the market in china. That is really where recent momentum has been driving the stock for tesla. Taylor i want to come and show a chart i am showing here inside my terminal. It i

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