The S&P 500 settled higher on Tuesday, as investors digested the recent inflation data.
The annual inflation rate in the US eased to 6% in February, the lowest level since September 2021, in line with market expectations, and versus 6.4% in the previous month.
Ross Gerber, founder and CEO of Gerber Kawasaki Wealth and Investment Management and longtime Tesla Inc (NASDAQ: TSLA) bull, continues to be optimistic about the future of Tesla, but he believes Elon Musk needs to stay in his lane and get out o
Tesla, Inc (NASDAQ: TSLA) was trading over 4% higher on Tuesday, with continued momentum after a bullish day on Monday saw the stock bounce up from the 50-day simple moving average and rally 4.2%.
German automaker Volkswagen AG (OTCPK: VWAGY) is planning to invest 180 billion euros — about $193 billion — between 2023 and 2027.
What Happened: Volkwagen said in a statement on Tuesday that the group is planning to invest 180 billion euros till 2027, with over two-thirds of the budget set for electrification and digitization.