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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
12m
Archer Aviation vs Lilium: which is the better flying car stock?
Archer Aviation (ACHR) and Lilium (LILM) are two of the most popular electric vertical takeoff and landing (EVTOL) or flying ...
21h
1 Solid AI Stock That's Not Nvidia or Palantir to Focus On in the Next Few Years
Tesla, arguably, has contributed more to the automotive industry than any incumbent car maker since Ford Motor Company ...
Drive
3h
2024 MG 4 electric car price slashed to $30,990 drive-away for limited time
Until 31 October 2024, the entry-level MG 4 Excite 51 will be priced from $30,990 drive-away nationwide – a saving of $8262 ...
Techopedia
21h
Nio Stock Forecast 2025-2030: Will NIO Rebound?
Nio has embraced AI in its latest Nio Phone, but are analysts bullish? View if the Nio stock price will soar in our Nio Stock ...
24/7 Wall St
17h
NIO (NIO) Stock Price Prediction and Forecast 2025-2030
NIO (NYSE:NIO) is one of the hottest EV car companies in the world and a top 10 largest in the world (3rd largest in China).
Singularity Hub
16h
There Are Now More Electric Vehicles Than Gas-Powered Cars in Norway
Norway shows that with the right incentives, the goal of a completely electrified road network is a tangible possibility.
19h
Is Archer Aviation a Millionaire-Maker Stock?
Say you make a $10,000 investment in Archer. If you pay around $3.10 per share (near its recent prices), you would get 3,226 ...
1d
Is BYD’s Stock Underappreciated by the Market?
Valuation data supports the notion that China-related concerns weigh on the stock. BYD certainly isn’t expensive when we ...
Car Dealer Magazine
2d
Used electric cars and hybrids accelerated in popularity in August – Dealer Auction
Dealer Auction is listing and selling younger EVs and hybrids with few miles on the clock, and they're selling quicker, the ...
6d
on MSN
Uber Stock Pops. News About Self-Driving Cars Is Fueling Gains.
Shares of Uber Technologies were trading higher after the ride-hailing company announced an expansion of its existing ...
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