Why Tesla stock could plunge if oil prices trigger an S&P 500 downturn

Tesla stock could face pressure if rising oil prices trigger inflation and an S&P 500 downturn. (REUTERS)

The S&P 500 could face another major downturn if rising oil prices push inflation higher and force the US Federal Reserve to keep raising interest rates. The index last entered bear-market territory in 2022 and 2023, when high inflation led the Fed to aggressively increase interest rates. Tesla stock could face pressure if rising oil … Read more