Ark Invest's Cathie Wood said her flagship innovation fund has reduced its China exposure to zero as the developing market faces an economic slowdown.
When investors zoom out a few years, Tesla's sales growth over this period has been extraordinary. The company expects to continue growing deliveries at high rates in the coming years.
Tesla, Inc. TSLA shares traded sharply lower on Thursday after the company reported second-quarter results.
Tesla generates margins on EV sales that are the envy of the broader automotive industry. But the company needs other performance drivers to justify its growth-dependent valuation.

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Big Tech firms including Amazon, Alphabet, Meta, and Microsoft agreed to AI safeguards brokered by the White House and shares of railroad operator CSX fell after it missed on revenue projections. Here
Tesla stock trades an incredible amount of volume on a daily basis, making the average holding time shockingly short.
Tesla CEO Elon Musk is ready to cut electric car prices again to drive sales if the economy swoons, and part of the reason is a bonanza from Biden administration tax credits.

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Tesla stock may be enjoying a remarkable rally in 2023, but there are those who think the EV maker is grossly overvalued. One analyst says the carmaker's true value lies closer to $26 per share than $
U.S. stock futures on Friday pointed higher after a tech-led stumble, as investors prepare for a major reshuffling of a key index.
The automotive industry has recently suffered issues related to supply chains and the cost of materials crucial to the production of electric vehicles.
Ross Gerber of Gerber Kawasaki says the next six months will be difficult for the Tesla, but he remains optimistic about the Cybertruck launch. He also urges investors to have a long-term horizon for
Fintel reports that on July 20, 2023, Wedbush reiterated coverage of Tesla (NASDAQ:TSLA) with a Outperform recommendation.
'Mad Money' host Jim Cramer talks the Tesla and Netflix earnings one day later.
#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto Stocks were mixed during Thursday's sessio
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