
Why Tesla's stock is still defying gravity
CNN
Investors have quickly turned on companies like Netflix that were growing fast during the recovery from the pandemic but are now sputtering. Yet Tesla, which skeptics have long said is overvalued based on rosy projections for the future, is experiencing a much softer landing.
What's happening: Tesla shares have dropped 7.5% year-to-date, just a bit worse than the S&P 500. They fell 5% on Wednesday as Wall Street worried that its first quarter earnings, like Netflix's, would be much worse than expected.

Immigration and Customs Enforcement officials will be given access to the personal data of the nation’s 79 million Medicaid enrollees, including home addresses and ethnicities, to track down immigrants who may not be living legally in the United States, according to an agreement obtained by The Associated Press.