Tesla shares gained 1.5% in overnight trading. Tesla CEO Elon Musk offered some pretty eye-popping aspirations for the company during remarks on Saturday. The headline from the event might just have been an admittedly aspirational comment about $30 trillion a year in humanoid robot revenue.
Other big tech stocks also rose in overnight trading after U.S.-E.U. trade deal.
Crypto stocks jumped in overnight trading. GameSquare rose 12%; BTCS Inc. rose 10%; SharpLink Gaming rose 9%; BitMine Immersion Technologies Inc. rose 8%; Strategy rose 3%; Coinbase rose 2%; Circle rose 1%.
Chinese robotaxi operator Pony AI said on Saturday it had received a permit to provide fully driverless commercial robotaxi services in Shanghai's Pudong financial district. The shares jumped 7.4% in overnight trading.
WeRide has been granted a permit from the Shanghai municipal government to operate regulation-compliant, Level 4 (L4) autonomous Robotaxi ride-hailing services. The shares jumped 3.6% in overnight trading.