Tesla cuts prices in China, Germany and around globe after US cuts
By Hyunjoo Jin, Ethan Wang and Christoph Steitz
US Stock Reports, Quotes and News
By Hyunjoo Jin, Ethan Wang and Christoph Steitz
“Markets are playing blind man\’s bluff and they are just selling off first and then asking questions, says Ajay Bagga. Do not try to time this market. We do not know where it will go and how far? Both are very strong missile-based powers and this could increase in scope very fast. So, it is very difficult to price this.”
Vipul Bhowar\’s insights suggest continued market growth driven by government spending and private investment. Factors like inflation, oil prices, and equity market reactions play crucial roles in shaping India\’s economic landscape. Bhowar also says: \”The rise in SIPs shows a strong focus on retail investor growth, more so a shift towards small cities that contribute to the industry growth and showcase a broader financialisation of savings in smaller towns.\”
Citi Research commodity strategists believe the initial impact of Iran’s April 13 attack on Israel will be for oil prices to drop below $90 per barrel.
Citigroup Inc.’s base case is for tensions to remain “extremely high” in the Middle East, underpinning prices. That’s prompted the bank to raise its short-term price forecasts, with the three-month target for West Texas Intermediate increased by $8 a barrel.
\”Investors need to brace themselves for increased volatility in the coming week, given the heightened geo-political temperatures,\” said Aamar Deo Singh, Sr. Vice President, Research, Angel One.
(Reuters) -Elon Musk\’s Tesla (NASDAQ:TSLA) said on Friday it has cut prices of its Full Self-Driving (FSD) subscriptions in the United States and Canada, as it seeks to drive adoption amid softening demand and price competition.
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