Mixed Messages, Tesla Tumbles 01/25/24
Fourth quarter GDP came in much stronger than expected. But earnings continue to roll in, and we’re hearing lots of profit warnings. So what kind of economy do we have? And what’s the Fed going to do about it? We’ll discuss. Plus, Elon Musk and Tesla gave zero guidance on their conference call. And that worries Wall Street about future growth. The stock is down 10% today and 25% to start the year. We’ll explore where the firm goes from here.