Shares of Alset EHome International Inc. (AEI) are up more than 32% Monday morning after Alset EHome Inc., a unit of the company, announced its partnership with Tesla Inc. to supply Tesla products to be installed in Alset homes.
Alset EHome is planning to install Tesla PV Solar Panels, Powerwalls and EV Chargers in 20 of its new single-family homes at the Northpark Community in Porter, Texas with an additional 10 homes under contract in the same community scheduled to be closed at the end of this month.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.