Tesla (TSLA) is under pressure after announcing its fourth recall of the Cybertruck. Pras Subramanian breaks down the number of Cybertrucks affected and the overall demand for the vehicle. Read more about Cybertruck sales here. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
Futures were mixed Wednesday, but Tesla rival Rivian vaulted higher on a big investment. FedEx jumped after earnings. Nvidia extended Monday's bounce.
Volkswagen has announced plans to invest up to $5bn (£3.9bn) in US electric carmaker Rivian, as manufacturers rethink their strategies amid uncertain demand.