Elon Musk Cautions Fed On Further Interest Rate Hikes: 'Quite A Serious Danger' Of Crushing Stock Market
Tesla Inc CEO Elon Musk raised concerns about the Federal Reserve increasing the interest rate by saying it could crush the stock market. During Tesla's fourth-quarter earnings call last week, Musk said he's worried that rates will soon exceed the average return of the S&P 500 if the Fed pushes…
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