Tesla is about to perform. Who are the shares associated with the Malaysian stock TESLA?
Tesla's results are about to be released, and the market can be said to be looking forward to it. Moreover, the official TESLA press conference in Malaysia will also be held on July 20, just a few hours after the results are released. As mentioned in the news a few days ago, Tesla received more than 10,000 orders in the 4 days since it went on sale, and fans in Malaysia really didn't buy it.
Many tech companies try not to disclose who their customers are because they are afraid that competitors will steal them. A few Malaysian companies that have indirect relationships with TESLA are as follows:
Wolfspeed's stock price plummeted a few months ago as customer Tesla reduced the use of SiC, but on July 5, it signed a supply contract worth 2 billion US dollars with automotive chip manufacturer Renesas (Renesas) to ensure the supply of silicon carbide chips and epitaxial wafers for 10 years, and the bottom of the stock price rebounded close to 70%.
MPI, as an OSAT company, helps WOLFSPEED with packaging, and uses PENTA's ATE machines. This is their relationship. PENTA is also one of the few companies whose turnover from 2021 to 2023 has repeatedly broken record highs, mainly due to contributions from the automotive business.
GENETEC is one of the superstocks of 2021. The turnover, profit, and stock price are all mythical. The main customer is also an EV company, and it is speculated that it is TESLA. After a one-and-a-half-year decline cycle, we'll wait and see if these companies will shine again in the next 1-2 years.
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