Former President Donald J. Trump criticized the Federal Reserve and Jerome H. Powell, sparking questions about the central bank in a potential second term. Trump’s campaign lacks detailed Fed plans, but advisers suggest changes to its policies. Trump may use public criticism and nominations to sway the Fed if re-elected.
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Why Shares of Tesla Are Soaring Today
Shares of Tesla (NASDAQ: TSLA) rose nearly 4% after CEO Elon Musk updated the status of the company's robotaxi fleet, amid indications that electric vehicle sales may be improving. Notably, wait times for the Model Y have increased from one to three weeks to four to six weeks, suggesting a rise in orders despite recent declines in sales over the first two quarters of the year. Want More Context? 🔎
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