"Dow Soars to Record High, Tesla Stumbles on Cybertruck Pricing"

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Source: Investor's Business Daily
"Dow Soars to Record High, Tesla Stumbles on Cybertruck Pricing"
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures, along with S&P 500 futures and Nasdaq futures, edged lower after hours. Tesla stock fell after its Cybertruck delivery event, where CEO Elon Musk handed over a dozen Cybertrucks. Dell Technologies, Elastic, Samsara, Marvell Technology, UiPath, and Ulta Beauty reported earnings after the close. The stock market rally had a split session, with the Dow Jones reaching a 52-week high while the Nasdaq retreated. Nvidia and Meta Platforms undercut buy points, and several growth stocks tumbled. Tesla's Cybertruck prices and battery range were finally revealed, causing the stock to decline.

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