Posted one of its worst quarters relative to the s p in over a decade. Caroline we will take the pulse of the ipo market as rubrics ipo filing Shows Growing revenue but still losses. We are having the worst day in about a month on the key benchmarks. Tech under pressure. We see once again a fear of the fact that the u. S. Economy is too strong. The Federal Reserve will not be cutting rates as anticipated the Federal Reserve will not be cutting rates as anticipated. More frothy your names we will see a pullback in some of the more frothier names. Bitcoin under pressure. We see the inflows dial back from the crucial spot etfs. There is one stock you are watching. Ed tesla deliveries missed expectations. Thats an understatement. Deliveries, 388,000 in the quarter gone. The biggest myths against bloomberg consensus on record. Where did we get this analysis wrong . The stock is down around 5 in the session. Premarket had fallen as much as 7 . What are the factors that are happening here . I
By Kyle Stock | BloombergConsider it ironic, or at least a little poetic: Electric vehicles, great for combating climate change, don’t do well in extreme heat. It’s a paradox being thrown into relief as multiple US states bake under heat waves that are becoming more frequent and more intense.High temperatures aren’t kryptonite for battery-powered vehicles. […]
By Kyle Stock | BloombergConsider it ironic, or at least a little poetic: Electric vehicles, great for combating climate change, don’t do well in extreme heat. It’s a paradox being thrown into relief as multiple US states bake under heat waves that are becoming more frequent and more intense.High temperatures aren’t kryptonite for battery-powered vehicles. […]
Americans are starting to turn away from purely gas-powered cars, but most aren’t piling into electric vehicles. They’re straddling the line and buying hybrids.
According to reports, carmakers are unable to attract customers despite offering huge discounts on their electric vehicles. This has resulted in a rise in EV inventory, pushing dealers & carmakers to reduce prices even further.