While Tesla (TSLA) – whose flamboyant CEO Elon Musk has blamed the Fed’s rate cuts for much of the company’s woes – rose sharply, Ford (F) and General Motors (GM) both closed in the red. In the ...
Fed cuts rates by 50 basis points, hints at more cuts in the future. Powell emphasizes labor market and data-dependence. Wall ...
Slowing down is a risky move given the momentum behind China's BYD and Tesla, BloombergNEF analysts say.