Tesla, Ford, General Motors, and Stellantis: Why Auto Stocks Just Had A Bad Tuesday
The S&P 500's 7-day winning streak ran out of gas on Tuesday, with the index declining 0.38% to 6,714.59. Bad news from U.S. automakers Ford (F) , Tesla (TSLA) , and General Motors (GM) are partially to blame for the tumble. As covered in our daily live blog, Stock Market Today, it was a tumultuous Tuesday for the four firms, which saw their stocks fall 6.1%, 4.5%, and 1.6% respectively. The bad news comes as the firms face difficulty from new Trump tariffs, still-high interest rates, and weaker consum ...