$Tesla Motors(TSLA)$ faced recall issues and strike in Sweden, and lost nearly 4% in the trading hour but then closed at $239 after Powell released dovish signals.
The dovish stance of the Fed has sparked a year-end rally: the prospect of rate hikes is dead, and rate cuts are imminent.
10-year US Treasury yield has fallen below 4% for the first time since August.
In the most closely watched interest rate dot plot, most central bank officials anticipate three rate cuts in 2024, surpassing analysts' expectations.
Can Santa Claus Powell save Tesla?
Good days or bad days coming for Tesla?
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