Wall Street economists are anxiously awaiting Wednesday's FOMC meeting.Marketsread more
Normally, when the Fed starts loosening policy it does so amid clear-cut signs of economic weakness.Economyread more
With bold and targeted steps, economists say, government can increase opportunity and incomes for many more people in ways that strengthen, not weaken, American capitalism.Politicsread more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
CNBC's Jim Cramer connects the dots by reasoning that if the president were to act, he would pick a successor to Powell that would do his bidding.Economyread more
Judy Shelton said in an interview that, if appointed to the Fed, she would want to lower interest rates all the way down to 0%.The Fedread more
Shoppers are "very nuanced in their expectations," Ron Johnson, the former CEO of J.C. Penney and the former senior vice president of Apple's retail division, said at CNBC's...Evolveread more
The winner will live in a centrally located apartment, receive a "salary" and explore the city to find what makes people there so happy.Liferead more
Beyond Meat has blown up. The plant-based meat company is now larger than 80 S&P 500 companies, including Macy's, Xerox and Mylan.Trading Nationread more
We've been given plenty of reasons to quit Facebook, including a new report that alleges disgusting working conditions at a company, Cognizant, it uses to employ contractors....Technologyread more
This just might be Fed Chair Jerome Powell's toughest meeting yet, because whatever the outcome, odds are high that it will disappoint a large group.Market Insiderread more
Tesla's manufacturing issues will not improve significantly this year, according one Wall Street firm.
Bernstein reiterated its market perform rating on Tesla shares, warning investors the electric-car maker will have difficulty meeting its profit margin forecast.
Buzzfeed reported Monday that Tesla is temporarily shutting down production of the Model 3 at its factory in Fremont, California, for a few days.
"We believe Model 3 gross margins and build quality are the key investor controversies; we remain skeptical on both fronts," Bernstein analyst Toni Sacconaghi wrote in a note to clients Tuesday. "Another capital raise appears likely, unless Tesla's ... able to materially reign in near-term opex or capex spend."
Sacconaghi reaffirmed his $265 price target on Tesla shares, representing 9 percent downside to Monday's close.
The analyst said Tesla repeatedly missed its Model 3 production targets over the past year. He doubted the company's ability to reach its 25 percent gross profit margin target for the Model 3.
In regard to Tesla's stock price "I would probably take the down side in the near term," Sacconaghi said. "I think there will be worries about fundamental profitability and/or worries about quality at some point over the next six to nine months."
Tesla did not immediately respond to a request for comment.