AIET Techabout 2 hours ago
Tesla Stock Falls on Election Concerns
3 min read
Tesla stock fell more than 4% on Wednesday as Democrats' sweeping victories raised concerns about AI data center expansion in Texas. Analyst Dan Ives warns political hurdles could slow development of 800 to 1,000 planned centers, while Texas Governor-elect Gina Hinojosa opposes new projects. SpaceX aims to increase capacity to 13 gigawatts next year.
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