Musk: Macro Conditions Going To Be Difficult For Tesla (TSLA)

Tesla (TSLA) shares are rising after its annual shareholder meeting. Renita Young discusses this, highlighting that Elon Musk says that he is not considering stepping down as TSLA CEO. Musk also talked about how TSLA is to try out traditional advertising and "see how it goes." He also mentions that macro conditions are going to be difficult for TSLA for at least 12 months. Renita then goes over how Western Alliance Bancorp (WAL) reports $2B in deposit growth in the current quarter. Tune in to find out more about the stock market today.

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17 May 2023

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