The Elon Musk-led company’s shares fell 5.3% in early trading and were on track to lose about $30 billion in market value.
Read More Tesla quarterly deliveries fall for the first time in nearly four yearsTag: interest rates
US new home sales unexpectedly fall in February
New home sales slipped 0.3% to a seasonally adjusted annual rate of 662,000 units last month.
Read More US new home sales unexpectedly fall in FebruaryUS weekly jobless claims unexpectedly fall; labor market gradually cooling
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.
Read More US weekly jobless claims unexpectedly fall; labor market gradually coolingFed Holds Interest Rates Steady Amid Inflation Concerns
The Federal Reserve decided to hold interest rates steady today, continuing its ongoing effort to bring inflation down.
Read More Fed Holds Interest Rates Steady Amid Inflation ConcernsRich Americans keep high-end RV company rolling along
Most U.S. RVs aim to satisfy the wanderlust of largely middle-income customers.
Read More Rich Americans keep high-end RV company rolling alongUS retail sales miss expectations; producer prices accelerate
Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.
Read More US retail sales miss expectations; producer prices accelerate