Tesla shares rise 3.60% intraday as company expands solar cell production with US factory plans.

Tesla Inc. surged 3.60% intraday after Bloomberg reported the company is assessing multiple U.S. sites for a new solar cell factory. The news, which highlights Tesla’s strategic expansion into renewable energy manufacturing, aligns with its broader efforts to scale solar production. Locations under consideration include New York, Arizona, and Idaho, as disclosed in separate reports. These developments reinforce investor confidence in Tesla’s long-term growth potential in clean energy markets.