Boeing (BA) Halts Deliveries & Tesla (TSLA) Cuts Prices Around The World

Boeing (BA) halts deliveries of some 737 Max models due to a manufacturing issue, Caroline Woods discusses this as BA expects deliveries to decline in the near-term as it inspects the affected aircrafts. She talks about how the manufacturing issue does not affect safety in the air and Wolfe does not expect a stoppage of BA production due to the issue. Wolfe is "cautiously optimistic" that BA's 400-500 delivery guidance could still be hit. Credit Suisse sees BA likely to protect the supply chain at 31. She also goes over how Tesla 9TSLA) has lowered its Model 3 and Model Y prices between 4.5% and 9.8% in Germany, and it is cutting prices for vehicles in Europe, Israel, and Singapore. Tune in to find out more about the stock market today.

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