Published: 8:00am, 8 Nov 2024 Chinese stocks associated with .Advertisement On Thursday, shares of some Chinese manufacturers that are believed to be suppliers to Tesla surged by about 20 per cent in morning trading. “All in,” said one investor on the popular investing forum Xueqiu.com, where the topic “Tesla concept stocks are rallying. Is it too late to buy?” was the second-most discussed. Musk was a major backer of Donald Trump during his campaign. On Wednesday, the Republican candidate praised Musk during his victory speech. Musk also has close ties to China. Tesla’s Shanghai Gigafactory , opened at the end of 2019, is the company’s largest production base in the world. In April, Musk met with Chinese Premier Li Qiang