Tesla’s Revenue Slumped but Elon Musk Promised Affordable EVs & Robotaxis
Price cuts and an sales decline delivered a blow to Tesla’s top and bottom lines, but Mr Musk offered accelerated timelines for cheaper models and promised robotaxis
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
Page 19 of 135
Price cuts and an sales decline delivered a blow to Tesla’s top and bottom lines, but Mr Musk offered accelerated timelines for cheaper models and promised robotaxis
Oil prices slip as fears over an Iran-Israel conflict subside, after the latter’s reported strike back
The tech-heavy index is exposed to key tech levels, weighed by risk-off mood and hawkish repricing around the Fed’s rate cut prospects
The better than expected growth data from China can’t stop the slump of HKG33, as risk aversion prevails following the new Middle East flare-up
The Iranian strike on Israel raises the risk of supply disruptions that could drive prices higher, but for now markets seem to keep their cool
The pair drops after the European Central Bank laid the groundwork for upcoming rate cuts, while pricing for a Fed move is pushed beyond summer following the hot CPI report
US inflation accelerated according to Wednesday’s data, which raise the bar for a Fed pivot, while the Bank of Canada opened the door to a June cut
The pair jumps above the July 1990 highs as today’s data showed an acceleration in price pressures, which raises the bar for rate cuts and boosts the greenback
Having rejected pivotal resistance the pair slides and tests the EMA200 as markets brace for Thursday’s policy decision by the European Central Bank
Another strong jobs report did not bother Wall Street, which appears to think that this reinforces the soft landing scenario, despite risk for less Fed cuts than previously expected
Disney scored a crucial victory this week in the proxy fight against Trian Partners, but its stock pulls back from critical tech levels after a stellar first quarter
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.