Finance
Tesla Shares up 1.8% in Frankfurt Day After Results
Published by Global Banking & Finance Review®
Posted on January 29, 2026
1 min readLast updated: January 29, 2026
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Published by Global Banking & Finance Review®
Posted on January 29, 2026
1 min readLast updated: January 29, 2026
Add as preferred source on GoogleTesla shares increased 1.8% in Frankfurt after announcing a $2 billion AI investment, aligning with after-hours trading trends.
LONDON, Jan 29 (Reuters) - Tesla shares rose 1.8% in Frankfurt on Thursday, a day after the company said it will invest $2 billion in CEO Elon Musk's artificial-intelligence company xAI and that production plans for its Cybercab robotaxi were on track for this year.
The move was roughly in line with where Tesla's U.S. shares ended in after hours trading. They had initially risen about 3.5% in after-hours trading, but pared gains following details of Tesla's capital expenditure plans.
(Reporting by Alun John; Editing by Dhara Ranasinghe)
Stock performance refers to the change in the value of a company's shares over time, influenced by market conditions, company performance, and investor sentiment.
An AI investment involves allocating capital to companies or projects that utilize artificial intelligence technologies to enhance their operations or products.
After-hours trading refers to the buying and selling of securities outside of regular trading hours, allowing investors to react to news and events that occur after the market closes.
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