Mideast Tensions Effect, Tesla Falls On Deliveries, Nike Doesn't Do It 10/2/24
Squawk on the Street
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Market Dynamics and Electric Vehicle Trends
This chapter explores the influence of geopolitical tensions on oil prices and examines Nike's stock performance amid corporate challenges. It addresses the rising impact of electric vehicles on traditional gasoline demand and details Tesla's recent delivery numbers and anticipated advancements in autonomous vehicle technology. The discussion also highlights market strategies for lower-priced vehicles and the performance of Tesla's Cybertruck in comparison to other models.
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