Tesla, NIO, and Other EV Stocks Were Saved by the Fed
This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.
https://www.barrons.com/articles/tesla-stock-nio-ev-fed-51639592791
Updated Dec. 15, 2021 5:39 p.m. ET / Original Dec. 15, 2021 1:27 p.m. ET
- Order Reprints
- Print Article
Shares of electric-vehicle producers started retired getting hammered Wednesday—that overmuch was casual to see. Why the stocks dropped was harder to fig out. It seemed to beryllium a operation of a fewer factors. But things turned astir precocious successful the day. Investors tin convey 1 of the reasons stocks were down: The Fed.
Tesla banal (ticker: TSLA) closed up astir 2% astatine conscionable nether $976 a share. The Nasdaq Composite gained 2.2%.
Tesla,...
What's Your Reaction?
