Tesla’s Bumpy Ride: Market Angst and Major Vehicle Recall Stir Investor Unease
Tesla’s share prices dropped nearly 5% amidst a broader market sell-off. The Dow Jones plummeted by almost 700 points, with the Nasdaq down over 1.6%. Market anxiety was fueled by concerns over consumer resilience and weak financial guidance from Walmart. The University of Michigan’s consumer sentiment index fell by 10% in January, indicating economic unease. … Read more