Is Tesla's Current Price Sustainable With The Upcoming Rate Hikes?
The latest FOMC meeting confirmed that the imminent rate hikes might be coming sooner than expected.The quarterly projections showed that the FOMC anticipates two interest rate increases by the end of 2023, inching towards a target rate of 2.5% in the longer term.We believe the California-based EV maker’s current stock price is already reflective of its upside potential, with the potential impact from upcoming rate hikes already priced in.Based on Tesla’s current debt maturity profile, the compa