Shares of electric-car maker and clean energy company Tesla (NASDAQ: TSLA) were hammered last week, falling more than 11%. All of this to say, the incremental headwind to demand for auto loans implied by Powell's sentiment last week is significant.
In this week's video, I cover need-to-know news related to Tesla (NASDAQ: TSLA) during the week of Sept. 18. Today's video will focus on concerning results from a recent survey, Tesla's sales numbers in Europe and China, more encouraging news about the start of production in Mexico, and a look at Tesla stock from a technical analysis standpoint.
As the founder and CEO of Bridgewater Associates, Raymond Dalio, noted in a recent interview, artificial intelligence (AI) could start to have a major impact on our lives in the next year. One of the most influential investors in these disruptive technologies is Cathie Wood, the visionary behind ARK Innovation ETF (NYSEMKT: ARKK), a fund that specializes in finding and investing in companies that aim to transform the world. Here is a brief overview of two of Wood's top holdings and why growth investors may want to follow her lead on these names.