Money

Tesla unveils longest supercharging route in China

Published

5 years ago

June 22, 2021

Tesla has unveiled what it claims is the longest supercharging route in China.

Stretching 5,000 kilometers, spanning China from east to west, Tesla has unveiled what it claims is the longest supercharging route in the world. The route is studded with 27 electric-car charging stations along the way.

The electric car company released a promotional video about the ultra-long route, which also pays homage to China’s majestic landscape.

https://twitter.com/teslacn/status/1406277513517494272?s=20

The charging route covers nine cities, starting from the eastern coastal hub of Zhoushan and stretching to the western city of Horgos bordering Kazakhstan.

It loosely follows the same path as the legendary Silk Road, a network of trade routes that for centuries was at the forefront of economic, political, cultural, and religious interactions.

With this new charging route, Tesla drivers will be able to travel to tourist attractions without the fear of their car running out of power.

Destinations on the route include the Kumtag Desert, the Turfan volcano and Sayram Lake, famous scenic destinations in Xinjiang.

China is the world’s biggest electric car market and is critical to Tesla

Elon Musk’s Tesla company has a factory in Shanghai and sells thousands of cars in the nation every month.

The recent unveiling will now see one charging station every 100 kilometers to 300 kilometers along the Silk Road.

EV drivers will have the ability to charge their cars in 15 minutes so that they can run for up to 250 kilometers – but that’s dependant on weather conditions.

Charging facilities are vital to the promotion of electric cars.

As the world embraces new EV technology, ‘range anxiety is one of the main reasons why people don’t want to make the switch away from gasoline vehicles.

The California-based company has already set up around 840 charging stations within China and more than 65,000 supercharging poles covering over 310 cities.

Money

RBA rate shock: ASX200, Gold and Crypto market

RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.

Published

19 hours ago

February 10, 2026

Harvey Vargas

RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.

The RBA’s latest interest rate decision has sent ripples through the ASX200 and AUD, leaving investors weighing what comes next. We break down how these changes could affect global equities ahead of this week’s crucial non-farm payroll and consumer price index releases.

Zoran Kresovic from Blueberry Markets shares his analysis on the rebound in gold and silver after recent market turbulence, and what factors could drive further gains or sell-offs in the commodities market.

We also dive into the current state of cryptocurrencies, exploring how investors can navigate volatility and what to watch as economic data continues to shape market sentiment.

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#RBA #ASX200 #GoldMarket #SilverRebound #CryptoUpdate #InvestingTips #MarketVolatility #EconomicOutlook

Money

Dow hits record while tech stocks drive market gains

S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.

Published

20 hours ago

February 10, 2026

Harvey Vargas

S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.

The S&P 500 rose 0.7% on Monday, powered by gains in technology stocks, while the Dow Jones Industrial Average hit new heights. Investors are eagerly awaiting crucial economic reports this week.

Nvidia and Broadcom were among the standout performers, climbing 3% and 4% respectively, continuing the momentum from the previous session. The market rebound comes after significant losses earlier last week, with the Dow exceeding 50,000 for the first time ever on Friday.

Investors now turn their attention to the delayed January jobs report from the Bureau of Labor Statistics, due Wednesday, and the consumer price index for January, expected Friday with a 2.5% annual rise.

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Money

Tech stocks slide as investors rotate into small-cap and value plays

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

Published

2 days ago

February 9, 2026

Harvey Vargas

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.

Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.

Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.

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