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  WATCH NOW VIDEO 04:45 Hightower’s Stephanie Link on Tesla: It’s a stock to contemplate as it spirals downward Shares of  Tesla  closed down 12% on Tuesday, a day after the electric auto maker reported  fourth-quarter vehicle production and delivery numbers for 2022  that fell shy of analysts’ expectations and the company’s stated goals. Deliveries are the closest approximation of sales disclosed by Tesla. The company reported 405,278 total deliveries for the quarter and 1.31 million total deliveries for the year. The full year numbers represented a record for the  Elon Musk -led automaker and growth of 40% in deliveries compared to 2021. RELATED INVESTING NEWS Pro Picks: Watch all of Tuesday’s big stock calls on CNBC Christina Falso 5 HOURS AGO Some analysts see a buying opportunity in Tesla for 2023 despite persistent demand pressures Sarah Min 16 HOURS AGO But according to a consensus of analysts’ estimates compiled by FactSet, as of Dec. 31, ...

  A customer shops at at a grocery store on February 10, 2022 in Miami, Florida. The Labor Department announced that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982. Joe Raedle | Getty Images The view that higher interest rates help stamp out inflation is essentially an article of faith, based on long-held economic gospel of supply and demand. But how does it really work? And will it work this time around, when bloated prices seem at least partially beyond the reach of conventional monetary policy? It is this dilemma that has Wall Street confused and markets volatile. In normal times, the Federal Reserve is seen as the cavalry coming into quell soaring prices. But this time, the central bank is going to need some help. “Can the Fed bring down inflation on their own? I think the answer is ‘no,’” said Jim Baird, chief investment officer at Plante Moran Financial Advisors. “They certainly can help rein in...

CNBC’s Jim Cramer on Wednesday warned investors against selling off all their holdings, even as the markets continue to roil. “No matter how scared you get, most people aren’t nimble enough to get out of this market and then get back in again at a good price. That’s why it’s a mistake to sell everything even as the market’s gotten more difficult,” the “ Mad Money ” host said. The Dow Jones Industrial Average slid 0.42%  on Wednesday . The S&P 500 tumbled 0.97% while the Nasdaq Composite fell 2.22%. Cramer highlighted several points to argue that investors shouldn’t feel pressured to empty their portfolios: There is no “grave systemic risk to the economy or the country, save the possibility of nuclear war,” he said. Even if the  Federal Reserve  raises interest rates dramatically, which could negatively affect people’s assets, homes and other properties, “remember that most people don’t own any of those,” Cramer said. The host also noted that even if an investor plans ...

  CNBC’s Jim Cramer on Tuesday said corn and wheat prices could continue to rise due to Russia’s invasion of Ukraine, leaning on analysis from Carley Garner, senior commodity market strategist at DeCarley Trading. “The charts, as interpreted by Carley Garner, suggest that both wheat and corn prices are headed higher here. Maybe much higher. And that is the last thing we want to see, but we might have to get used to it,” the “ Mad Money ” host said. Cramer said that Ukraine and Russia account for a third for the world’s wheat production, and while this year’s crop was planted before war broke out between the two countries, harvesting and shipping could be a challenge due to high energy costs and safety concerns. Wheat futures  Current prices are the highest they’ve been since 2008, when a slew of factors including high oil prices and unusually dry weather in the United States led wheat to leap to $13 a bushel from the $3 to $6 it hovered around for decades prior, Cramer said. G...

  A model of Siemens Mobility’s Mireo Plus photographed in 2019. Nicolas Armer | Picture Alliance | Getty Images Plans to deploy a hydrogen-powered train in the southern German state of Bavaria took a step forward this week after Siemens Mobility and rail operator Bayerische Regiobahn put pen to paper on a leasing contract. The signing of the contract, which took place on Tuesday, builds upon a letter of intent from last summer. In a statement Wednesday,  Siemens  said testing of the prototype train would start in mid-2023 on routes including one between Augsburg and Füsse, with the train slated to officially begin a passenger service in Jan. 2024. The two-car train is based around Siemens Mobility’s Mireo Plus platform. It will use fuel cells that are roof-mounted and incorporate underfloor batteries. Albrecht Neumann, rolling stock CEO at Siemens Mobility — a separately managed business of Siemens — described the Mireo Plus H as featuring “high driving power, excellent ...

  WATCH NOW VIDEO 03:27 Niall Ferguson: Ukraine’s resistance can’t last much longer against Russia The strategy of sitting back and waiting for Russia’s war machine to grind to a halt because of sanctions could go “terribly wrong,” according to Niall Ferguson, a senior fellow at the Hoover Institution at Stanford University. “It’s a highly risky strategy,” he said. The Ukrainian resistance cannot hold the fort for much longer, and sanctions by the West won’t be able to stop Russia in time, he told CNBC’s  “Squawk Box Asia”  on Friday. He said the U.S. is relying heavily on sanctions and “very belated arms deliveries” to Ukraine, but he’s concerned that those fighting for Ukraine won’t be able to defend the country for long. Though the Russians have sustained more casualties than expected, they are still “advancing steadily,” he said. “The assumption that this is going to drag out, that the United States can sit back and watch the economic sanctions do their work may be gr...

  The U.S. State Department is urging Americans to leave Russia immediately, warning of potential harassment by Russian security officials and of possible issues with accessing money within the country. Also on Saturday, Russian President Vladimir Putin warned that he would consider any third parties that declare a no-fly zone over Ukraine to be participants in the conflict. Earlier in the day, Ukraine’s deputy prime minister said Russia violated a cease-fire agreement and that attacks are ongoing in the cities of Mariupol and Volnovakha. Russia and Ukraine had agreed to the temporary cease-fire in the two cities to enable civilians to leave safely. Russian and Ukrainian officials are expected to hold a third round of talks on Monday, according to Ukrainian negotiator David Arakhamia. The Kremlin has not yet confirmed such a meeting. 6 MIN AGO Putin ‘forced to deny’ reports that martial law is coming to Russia Security forces arrest a Russian anti-war protester in Moscow on March 3...