Meanwhile, the rotation out of megacap tech and into other areas of the market was on display this week as Utilities In a note to clients following the event, Jefferies analysts called the $30,000 driverless robotaxi, dubbed the Cybercab, a "toothless taxi," adding that Tesla has "ambitious targets" with "little evidence of feasibility."
Tesla shares, which have seen volatile swings over the past few months, are down about 10% since the start of the year.earlier last week, signaling that the US economy remains strong. But investors will have more data points to chew on, with the final reading of the University of Michigan's consumer sentiment index due Friday.
Another round of jobless claims, due Thursday, will be closely scrutinized after the number of people filing for unemployment benefits Sir Chris Hoy: Support and tributes flood in for Olympic icon after he announces terminal cancer diagnosis MUNICH — Bayern Munich midfielder Aleksandar Pavlovic has undergone surgery after breaking his collarbone in Saturday's 4-0 win over Stuttgart, the club said Sunday.