Tesla earnings: Musk cautious on Mexico factory, economy

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Tesla (TSLA) stock continues sliding in early trading after posting a third-quarter earnings miss on Wednesday. In the EV maker's earnings call, CEO Elon...

on Wednesday. In the EV maker's earnings call, CEO Elon Musk communicated his concerns about the global economy and the interest rate environment keeping him from going"full tilt" on building out a Mexico factory.

With bond yields pressing higher, investors on both side of the Fed rate hike debate see a path lower for yields.Gaza residents escaping Israeli airstrikes started taking shelter in a makeshift camp near a U.N. refugee agency school in the south of the enclave. A lack of space at the school forced people into tents. Photo: Ahmad Salem/Bloomberg NewsThe Austin, Texas, maker of electric vehicles, solar panels and batteries on Wednesday reported net income of $1.

A BofA survey found that 64% of respondents expect the economy will pull off a soft landing or won't slow down at all over the next 12 months.

 

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