CNBC's "Fast Money" cover image

Mag7 Meltdown To Kick Off 2025… And Mortgage Demand Drops 1/2/25

CNBC's "Fast Money"

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Political Dynamics and Tesla's Challenges

This chapter examines the contentious atmosphere surrounding the election of a new Speaker of the House, detailing the implications for Republican Party unity and ongoing fiscal concerns. It also highlights a significant cybersecurity breach affecting the U.S. Treasury Department and its potential repercussions. Additionally, the chapter analyzes Tesla's declining share price due to disappointing electric vehicle delivery figures and discusses challenges in the EV market, particularly competition in key regions.

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