Expansion Plans Updates Tesla has signed contracts worth about $5 billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia last year. Today, Tesla is reported to be nearing a preliminary deal to build production facilities in Indonesia with a capacity of one million units, Bloomberg News reported on Wednesday, citing people familiar with the matter. Texas Department of Licensing and Registration filings disclosed plans to spend over $770 million on constructing electric vehicle facilities at the Texas factory. Tesla earmarked funds for activities including battery cell testing and manufacturing, cathode and drive unit manufacturing and a die shop, among other things. Tesla makes its electric car
$IQ $iQiyi Inc.(IQ)$ it appears the 7c trader might be out...is the 10c whale trapped with nothing to prop them up? Is the 10c whale really just the 4c whale being a degen and rolling free money? Does it even matter because this is a manipulated Chinesestock?! No position, but fun to follow.