Stocks rallied midweek after the FOMC retained its forecast for two rate cuts this year. The culmination of the Fed’s two-day policy meeting brought no change in the target policy rate range, as was widely expected by market participants. The major indices leapt on Wednesday, fueled by a further drop in treasury yields. The S&P…
Topline Tesla shares rallied Tuesday to a fresh all-time high on the back of another highly bullish move from Wall Street, as Elon Musk’s car company continues its rapid ascent since Donald Trump, supported by Musk, secured a second presidential term. Elon Musk, center, appears on Capitol Hill this month. Getty Images Key Facts Tesla…
Tesla stock (TSLA) gained as much as 10% on Monday, sending shares to their highest level since early 2022 and giving the company a market cap north of $1.1 trillion amid optimism that the electric vehicle maker will be a big winner under the Trump administration. “We are raising our price target on Tesla to…
Tesla is arguably one of the most advanced AI companies in the world, yet its stock is dictated by margins. Over the past three years, Tesla’s average gross profit per vehicle has declined by 60%, falling from more than $14,400 in Q3 2021 to less than $6,000 in Q2 2024, highlighting the difficulty Tesla has…
BEIJING, CHINA – SEPTEMBER 16, 2024 – Visitors visit the booth of Tesla at the 2024 China Beijing … [+] International Fair for Trade in Services (CIFTIS) in Beijing, China, September 16, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images) CFOTO/Future Publishing via Getty Images China has emerged as the biggest growth market…