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Initial unemployment claims dropped more than expected to a fresh pandemic-era low, with new filings

(May 12) Inflation accelerated at its fastest pace in more than 12 years for April as the U.S. econo

NIO is up 0.26%, it was down over 4% earlier.Related: Don’t Look Now, but Nio Stock Is Becoming an Investment Not a Trade. Tesla dipped about 1%. Of note today, Tesla has halted plans to buy land to expand its Shanghai plant and now intends to limit the proportion of total output that comes from China, sources told Reuters. By the books, Tesla only sold 25,845 vehicles made in China during April, down from 35,478 units in March. China's Passenger Car Association reported total passenger car sal