Tesla shares tumble on report highly anticipated robotaxi launch will be delayed
Tesla has delayed the launch of its robotaxi by about two months to October after its design team was told to rework some elements of the car. Bloomberg News reported. He said Thursday, citing a person familiar with the decision. Tesla shares fell more than 8% to close at $241.03, ending an 11-session winning streak […]
Chief Morgan Stanley strategist predicts 10% market correction is ‘highly likely’ before presidential vote
Morgan Stanley executives have warned Wall Street investors that the stock market will see a big drop ahead of the November presidential election. Mike Stanley, chief U.S. equity strategist at Morgan Stanley, pointed to uncertainty surrounding the presidential election, corporate earnings and Federal Reserve policy. “I think it’s very likely we’ll see a 10% correction […]