Business
ASX to slide; OPEC extends output cuts, oil surges – The Australian Financial Review
The Australian sharemarket is set to move lower; shares on Wall Street sell-off as bond yields rise further; Fed chair Powell offers no answers to bond sell-off;…
Global demand, particularly from within China, will help Tesla reach a trillion-dollar market value this year, Wedbush analysts argue.
The optimistic view comes as shares in the electric vehicle maker have been tumbling. The stock has fallen more than 25 per cent in the past month alone. At 12.36pm in New York on Thursday, Tesla was down another 4.4 per cent to $US624.41.
A Tesla Motors showroom in London. Chris Ratcliffe
In a note, Wedbush said investors are asking it whether the electric vehicle…
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