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The Daily Chase: Tesla battles shipping constraints; BMO warns of economic slowdown

The Daily Chase: Tesla battles shipping constraints; BMO warns of economic slowdown

BNN Bloomberg
Thursday, October 20, 2022 03:09:47 PM UTC

​Shares of Tesla are under pressure in the premarket, falling by as much as six per cent, after the electric carmaker said growth was a “little harder” to come by amid the headwinds facing the global economy.

EMERA DROPS AS NOVA SCOTIA MOVES ON POWER BILLS

We'll be keeping a close eye on shares of utility-provider Emera in the wake of their biggest drop in more than two years. Shares fell nearly five per cent in yesterday's trade after Nova Scotia announced plans to cap power bill increases as Canadians struggle with sky-high inflation. Emera CEO Scott Balfour said he was “deeply concerned” about the move, and warned that the proposed legislation would limit the company's plans for capital investments in its NS Power division.

IN CONVERSATION WITH STEPHEN POLOZ

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