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.
Electric auto giant Tesla said on Thursday it has slashed the delivery waiting time for its Model 3 and Model Y cars in China as it ramps up output at its Shanghai plant after upgrading production lines. The waiting time for the rear-wheel drive Model Y sport utility vehicle is now four to eight weeks, while buyers of other versions of the SUV and Model 3 sedans need to wait for 12 to 20 weeks. Tesla previously said a buyer in China had to wait for eight to 24 weeks after placing an order for the best-selling models.