Almaden Stock Leaps 10% After Revealing It Supplies Tesla With Solar Glass
Tang Shihua
DATE:  Jan 06 2020
/ SOURCE:  yicai
Almaden Stock Leaps 10% After Revealing It Supplies Tesla With Solar Glass Almaden Stock Leaps 10% After Revealing It Supplies Tesla With Solar Glass

(Yicai Global) Jan. 6 -- Shares in China's Changzhou Almaden have hit the 10 percent daily limit this morning after the solar glassmaker said it has been supplying Tesla with photovoltaic glass since 2019.

Its stock [SHE:002623] opened 10 percent higher at CNY26.65 (USD3.82) and has remained there since.

The announcement did not disclose the value of the deal, citing a non-disclosure agreement, but said it is supplying a high volume of the glass.
 

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Keywords:   Business Deal,Solar Tile Glass,Tesla ,Almaden