Elon Musk blames Tesla's $600 billion plunge in market value this year on the Fed - as rising interest rates erode the appeal of stocks
Tesla is firing on all cylinders, but rising rates are leading investors to swap out stocks for Treasuries and other safer assets, Musk said.
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### Instruction: Elon Musk blames Tesla's $600 billion plunge in market value this year on the Fed - as rising interest rates erode the appeal of stocks

### Response: Tesla is firing on all cylinders, but rising rates are leading investors to swap out stocks for Treasuries and other safer assets, Musk said.