Big-Tech’s PerformanceMarket sentiment improved this week as expectations of interest rate hikes declined, leading to a drop in US Treasury yields. As a result, technology stocks led the market with increased trading activity, and most of them experienced a rebound.As of the closing on August 17th, the strongest performers for the week were $Tesla Motors(TSLA)$ with a +12.19% gain, followed by $Apple(AAPL)$ at +6.51%, $Alphabet(GOOG)$ at +4.92%, $Amazon.com(AMZN)$ at +4.68%, $NVIDIA Corp(NVDA)$ at +4.65%, $Meta Platforms, Inc.(META)$ at
New Model 3: Why Such a Significant Price Increase?
Tesla refreshes Model 3 with a longer range, and higher price in China. The refreshed version of the Model 3 came with a starting price 12% higher than the previous, reversing a trend toward price cuts which had sparked a price war between Tesla and EV rivals. What do you think is the reason for the significant price increase of the New Model 3?
+ Follow
+5