No chips, no problem

By: Miguel A. Rodriguez

13:19, 06 April 2021

Tesla’s stunning delivery numbers supercharge EV stocks.
  • #Tesla Inc.’s stellar first-quarter delivery numbers stood out amid a difficult backdrop of the auto industry struggling with a semiconductor shortage, giving a boost to stocks of electric-vehicle companies.
  • #Bitcoin has been on a tear as institutional investors dabble in #crypto as a way to boost returns on cash in a world of near-zero interest rates.
  • U.S. stocks set a course for new record highs as blow-out economic data increased investor risk appetite while putting bonds under pressure on worries the #Federal #Reserve could start raising interest rates.

Share this article

This information prepared by is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation, or the particular needs of any recipient.You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation, or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of Financial Services (Pty) Ltd trading as CAPEX.COM/ZA acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via CAPEX.COM/ZA, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15.  Magnasale Trading Ltd is the principal to the CFD purchased by investors.