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Avalon Trust Invests About $1.16M in Tesla; Cybercab Rollout Prepares

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Sig1.75Sen+2.35Env0.00Soc0.00Gov0.00

Avalon Trust Co bought 2,759 Tesla shares worth about $1.16 million, boosting its position alongside other funds that increased stakes. Revolve Wealth Partners, Sivia Capital Partners, and AGP Franklin also raised holdings, while insiders own 19.90%. Separately, Tesla is preparing an August Cybercab rollout starting with employee rides, with Cybercab production already underway.

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