Shares in the US-based electric truck and SUV maker jumped by almost 50% after the announcement.
SAN DIEGO (AP) — A wild scene unfolded Tuesday night when the Nationals and Padres benches cleared in the first inning after Washington catcher Keibert Ruiz jawed at San Diego's Jurickson Profar and put a hand on his shoulder just before his at-bat.
Traders appear to be reticent in making major moves ahead of Friday's always crucial release of the U.S. personal consumption expenditures price index - the Federal Reserve's preferred measure of inflation. Until then, market participants are taking cues from Fedspeak and so far policymakers are preaching patience, underscoring that the Fed is in no hurry to cut interest rates and putting a lid on any rate-cut excitement.