U.S. Stock Market Update | New Energy Vehicle Stocks Rise, Tesla Surges Over 3%

On Thursday, the stocks of new energy vehicles rose. As of the time of writing, Tesla rose by over 3%, Li Auto rose by 1.8%, Nio rose by over 1.5%, and XPeng Motors rose by over 2%. Musk recently proposed to Tesla shareholders a bold idea: whether Tesla should invest $5 billion in his artificial intelligence startup xAI. This proposal has sparked widespread discussion in the Tesla community, with over two-thirds of respondents voting in favor. The proposal comes after Tesla announced disappointing profits for the fourth consecutive quarter. During the earnings call, Musk was asked whether Tesla would invest in xAI or integrate its chatbot Grok into Tesla's software. Musk responded by saying, "Tesla has learned a lot from xAI," and added that xAI has played a significant role in advancing autonomous driving technology. He made it clear that if shareholders approve, he personally supports Tesla's investment in xAI