Futures fell after the market reversed lower Wednesday on hawkish Fed comments and recession-like economic data. Read More...
Motley Fool
Tesla’s Price Cuts May Be Paying Off
After it announced major price cuts to its vehicle prices earlier this year, some investors may have been worrying about whether Tesla’s (NASDAQ: TSLA) orders were suffering during a tough economy. Whatever was happening to the order volume for Tesla’s electric vehicles before the company lowered prices, there is good news this week about how these price cuts are impacting the company’s order volume now. Tesla is reportedly seeing “unprecedented demand” for its vehicles in the U.S., according to electric vehicle news website Electrek’s unnamed source, who is “familiar with the matter.”
