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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (157479)8/14/2023 9:58:05 AM
From: Goose94Read Replies (1) of 202832
 
Tesla (TSLA-NQ) tires are under pressure

In reverse: Shares of Tesla are under pressure as it is cutting prices in China again, this time cutting prices on its Model Y and extended perks on other cars. Investors worry that this could mean cuts are coming to the U.S. and Europe. Meanwhile shares of Nikola, the maker of electric commercial vehicles, are also plunging after a spate of battery fires forced the company to recall vehicles and halt sales. A rocky start for the new CEO Steve Girsky, who just started a week ago and is the third CEO in a year.

BNN.ca
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