Although Elon Musk joked about buying the English soccer team Manchester United, the Tesla CEO has a history of influencing stock and crypto market valuations through his tweets.
Yahoo Finance anchors discuss Elon Musk joking on Twitter about buying Manchester United and how it sent the stock higher.
Tesla has shortened the delivery waiting time for the Model Y in China to four to eight weeks, it said on its Chinese website. The U.S. automaker previously said a buyer in China needs to wait for eight to 12 weeks after placing an order for the best-selling model. Tesla has completed a major upgrade of the production lines at its Shanghai plant and is ramping up weekly output to achieve 22,000 units of Model 3 and Model Y, Reuters reported earlier.