Trump To Visit Fed – A First For A President In 20 Years; Tough Road Ahead For Tesla

Company Insights - Tesla's stock (TSLA) has shown a decline following its earnings report, indicating a shift in investor sentiment as the momentum crowd moves away from TSLA towards more speculative stocks [12] - CEO Elon Musk expressed ambitions for Tesla to produce 100,000 humanoid robots per month within five years, alongside positive remarks about Tesla's energy sector, which typically generates excitement in the market [12] - Despite Musk's optimistic outlook, the current performance of Tesla's electric vehicle (EV) segment is deteriorating, which has not been overlooked by investors this time [12] Market Trends - Money flows in early trading show a negative trend for TSLA, while other tech giants like NVIDIA, Meta, Amazon, and Alphabet are experiencing positive flows [8] - The overall market is influenced by various crosscurrents, including speculation about interest rate cuts and potential trade deals between the U.S. and other countries [12][5] Economic Indicators - Initial jobless claims came in at 217,000, which is lower than the consensus estimate of 225,000, indicating strong labor market data that does not support a rate cut [12] - The Treasury auction results showed a high yield of 4.935% for a $13 billion 20-year Treasury bond reopening, with a bid-to-cover ratio of 2.79, reflecting investor interest [12]