RTTNews | Jun 21, 2021 10:14AM EDT

10:14 Monday, June 21, 2021 (RTTNews.com) - 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.

"Moving forward, there are plans to acquire an additional 70 units in the Houston area, targeting a total of 100 Ehome deliveries in 2021," the company said.

AEI, currently at $6.49, has traded in the range of $3.40- $29.49 in the past 52 weeks.

Read the original article on RTTNews ( https://www.rttnews.com/3203789/stock-alert-alset-ehome-shares-soar-on-deal-with-tesla.aspx)

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