Futures slip as China data sparks growth fears [Financial Post (Toronto, Ontario, Canada)]
Tesla, Inc. (TSLA)
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Source: Financial Post
Advertisement Chinese and European stock markets fell, while oil slid as data showed China’s economic activity cooled sharply in April as widening COVID-19 lockdowns took a heavy toll on consumption, industrial production and employment. Wall Street closed sharply higher on Friday, but still the S&P 500 and the Nasdaq posted their longest weekly losing streaks in over a decade. Investors have been worried that aggressive interest rate hikes by the Federal Reserve to combat decades-high inflation could hurt the U.S, economy, with the conflict in Ukraine, supply chain snarls and the latest pandemic-related lockdowns in China further exacerbating the situation. Goldman Sachs economists cut their forecast for U.S. GDP growth to 2.4% in 2022 from 2.6% previously, citing tighter financial conditions. The S&P 500 and the tech-heavy Nasdaq have fallen 15.6% and 24.5%, respectively, so far this year, with growth stocks taking a sharp hit on concerns that bigger interest rate hikes could h
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- Musk says Tesla's affordable EVs coming next year [Yahoo! Finance]Yahoo! Finance
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 4/24/24 - Form 10-Q
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form 8-K
- TSLA's page on the SEC website