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Here's why the Fed could trigger Tesla's next massive rally today
TSLATesla(TSLA) Finbold·2024-12-18 11:22

The ongoing Tesla (NASDAQ: TSLA) stock rally could be further boosted after the Federal Reserve’s latest decision on interest rates.Notably, the Fed is expected to make its third consecutive rate cut of the year on Wednesday, December 18. If the institution goes through with the decision, historical data suggests the move could act as a catalyst for further growth for the electric vehicle (EV) manufacturer.Indeed, this comes at a time when Tesla is targeting the $500 mark, fueled by a post-election rally an ...