---
title: "U.S. Stock Market Update | New Energy Vehicle Stocks Rise, Tesla Surges Over 3%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/209846170.md"
description: "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"
datetime: "2024-07-25T15:32:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/209846170.md)
  - [en](https://longbridge.com/en/news/209846170.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/209846170.md)
---

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

According to Zhitong Finance APP, on Thursday, the stocks of new energy vehicles rose. As of the time of publication, Tesla (TSLA.US) rose by over 3%, Li Auto (LI.US) rose by 1.8%, Nio (NIO.US) rose by over 1.5%, and XPeng Motors (XPEV.US) rose by over 2%. Elon Musk recently made a bold proposal to Tesla shareholders: whether the company 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.

This 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 an important role in advancing autonomous driving technology. He explicitly stated that he personally supports Tesla's investment in xAI if approved by shareholders

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