Yahoo Finance automotive correspondent Pras Subramanian examines Tesla's choice to raise the price of its Model Y while Ford holds steady with the pricing of its Mustang Mach E after its recent price drop.
Yahoo Finance's Pras Subramanian breaks down everything you need to know about Tesla raising the price of its Model Y vehicle in the U.S.
After a rough 2022, where the bear market destroyed the valuation of many growth stocks, there's been a bit of a reversal to start this year. Many stocks that took a beating last year are already up more than 30% in 2023, including Tesla (NASDAQ: TSLA), Shopify (NYSE: SHOP), and Exact Sciences (NASDAQ: EXAS). Here's a closer look at why investors have been bullish on these stocks of late, and whether their shares can continue to go higher.