Stock Explore’s Mid-Week Market Melt

Retail Sales are raising the roof, mortgage applications decline in January & Tesla is opening up its charging network!

🚘 Electric Vehicles

• Tesla will open part of its charging network to other vehicles by the end of 2024

• Tesla owns the largest charging network in America & has more than 40,000 locations worldwide!

• Ford paused production of its electric F-150 Lightening Pick up due to a potential battery issues

• EU Lawmakers banned the sale of new gasoline and diesel-powered cars

👑Retail Sales +3% in January

• 17.5% Department Stores

• 7.2% Restaurants / Bars

• 5.9% Cars / Parts

• 4.4% Furniture

🏠 Housing

• Total Mortgage Application Volumes fell 7.7% last week & rates increased to an average 6.39%(30 YR Fixed)

• Home Depot (HD) is partnering with DSD renewables to install Solar Panels at 25 California Store locations

  Tweet of the Week

  

---

Articles to Explore

The Best Commercials From The SuperBowl

Tesla To Double Charging Network

Gucci Sales Decline

Looking For GirlScout Cookies? - Support Troop 6000

Disclosure: The materials included are not to be considered advice. Stock Explore is for informational purposes only.