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2021-11-09

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Tesla shares rose nearly 2% in premarket trading

Tesla shares rose nearly 2% in premarket trading.A subsidiary of Tesla has been approved by the State of Texas to operate as a Retail Electric Provider.REPs are companies that purchase electricity from the Electric Reliability Council of Texas’ wholesale market from generators and sell it to consumers in places where a competitive market exists. Some of the largest in the state include TXU Energy and Reliant Energy. Some places, such as Austin and San Antonio, have municipality-owned power provi

Tesla shares rose nearly 2% in premarket trading

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