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Tesla Stock Is Soaring. Why Rate Cuts Matter for Car Makers—and More for Tesla.
Tesla stock rose on Thursday. The Federal Reserve has something to do with that.Shares of the electric-vehicle maker closed up 7.4% at $243.92, while the S&P 500 and Dow Jones Industrial Average rose 1.
Why the Tesla share price just rallied
A jumbo rate cut fed hopes for the auto industry. The post Why the Tesla share price just rallied appeared first on The Motley Fool Australia.
Rate Cuts Won’t Fix Tesla’s Deeper Problems
Elon Musk has indicated that the U.S. Federal Reserve’s tight monetary policy is a key factor behind Tesla’s cooling sales, particularly in the U.S. market. With financing costs elevated, many potential car buyers have held off on making purchases.
Why Tesla’s (NASDAQ:TSLA) Stock is Stuck in Neutral
Electric vehicle maker Tesla’s ($TSLA) stock is stuck in neutral, down 7% on the year and trading sideways since July. Retail investors continue
1d
G.M. Electric Vehicles Gain Access to Tesla Chargers
After a delay of several months, General Motors said owners of its battery-powered models would now be able to use Tesla ...
15h
on MSN
As Tesla’s European sales plummet 36% in August, automakers warn EV market now on ‘continual downward trajectory’
The good news for Tesla is for once it didn't perform any worse than overall EV demand in Europe in August. The bad news is ...
3d
on MSN
Cybertruck just blew every other electric pickup out of the water — but don't expect it to stay that way
Tesla's Cybertruck absolutely dominated the EV pickup truck market in July, according to new data from S&P Mobility.
Torque News
1d
Electric Car Sales Continue To Improve Thanks To Strong Incentives
Electric car sales reporting for July indicates that the market is strong, but the difference between car makers is ...
1d
on MSN
GM offering adapters to help electric vehicle owners access Tesla chargers
General Motors is now offering adapters to help its electric vehicle owners access Tesla chargers. The automaker said ...
2d
on MSN
Does Tesla Power Add To The Appeal Of This Restomod 911?
While much of the appeal of a modernized classic 911 is the screaming, high-revving engine, Kalmar’s new 7-97 E-Volt is ...
Torque News
1d
GM Partners With EVgo To Emulate Tesla And Build 400 Fast EV Chargers
GM and EVgo are collaborating to create gas-station like charging stations that should appeal to both existing electric car ...
1d
on MSN
GM offers Tesla Supercharger adapters to electric vehicle owners for $225 a pop
Detroit automaker's U.S. customers will be able to buy GM-approved NACS DC adapter through vehicle brand's mobile apps.
Carscoops on MSN
14h
Kim Kardashian’s Matte Grey Tesla Cybertruck Is Painted, Not Wrapped
With more money than she probably knows what to do with, Kim Kardashian has a large fleet of cars and, over the past few ...
itc.ua
1h
China’s NIO Onvo L60: $21200 for an electric car, batteries — with a subscription from $85/month
The NIO Onvo L60 is positioned as a «family smart electric crossover» that sets a «new standard for family cars». It has a ...
10d
6 Car Models That Are Comparable to Tesla – but Do You Get the Same Quality for the Price?
The name Tesla brings to mind many things when it comes to cars - and one of those things is "expensive electric car." But ...
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