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
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