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Asian Stocks Gain After US Rally on Fed Rate Hopes: Markets Wrap

(Bloomberg) Asian stocks eked out gains, following Wall Street’s advance on optimism the Federal Reserve will start cutting interest rates this year. The yen dropped. Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountS&P 500 Extends Gains in Final Minutes of Trading: Markets WrapJ ....

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Tesla's Shift on Low-Cost Cars Throws Mexico, India Factory Plans Into Limbo

Tesla's Shift on Low-Cost Cars Throws Mexico, India Factory Plans Into Limbo
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo

Tesla said
on Tuesday that it will use its existing factories to build new
and more affordable vehicles as early as late this year, leaving
investments in new factories in Mexico and India unlikely in. ....

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Tesla expected to post lower profit margin amid doubts on growth, product strategy

By Hyunjoo Jin and Akash Sriram (Reuters) - Tesla is expected to report its lowest gross profit margin in more than six years on Tuesday after a chaotic week that included major layoffs, vehicle price cuts and urgent calls by investors for clarity . ....

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