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Tesla notifies thousands in Texas and California of impending layoffs

“Varney & Company” host Stuart Varney discusses whether Elon Musk’s latest technology bet will pay off for investors. Tesla has notified thousands of employees in two states that they will be laid off in an upcoming round of layoffs. The notifications in California and Texas, where electric vehicle (EV) manufacturers have a large presence, were […]

Jim Cramer says investors should welcome an impending pullback, not fear it – CNBC

For Kramer, such setbacks may be difficult to predict, but they are bound to happen. He used a gardening analogy, comparing withdrawal to rain and portfolios to plants. We need others to achieve growth. While it’s wise to raise cash to protect against a backlash, Kramer also suggested weathering the disruption. If investors are always […]