Hey everybody, we're up and we're here and today we are talking about Tesla finally

reintroducing the Long Range All-Wheel Drive Model 3 to the design studio in the United

States.

We'll also talk about the Fed's interest rate decision and press conference, got some

news on the boring company and a few other items as well.

So starting off with a stock Tesla today after a pretty strong midday, closing up just

two tenths of a percent, $260.61, as the stock did trail off a bit alongside the broader

markets, into close, the NASDAQ finishing down half a percent on the day to day.

So we'll start off with the Fed's interest rate decision, of course they did raise interest

rates by 25 basis points, now putting the target rate at 5 to 5.25% and the most interesting

part of the statement today was a change in language many of you may have seen that

I tweeted about this.

But the committee has removed some language about anticipating additional policy firming.

So if we look at the statement from March, you can see highlighted here as a difference,

the committee anticipates that some additional policy firming may be appropriate in order

to maintain a stance of monetary policy that is or to attain a stance of monetary policy

that is sufficiently restrictive.

So that same statement has now been changed to in determining the extent of which additional

policy firming may be appropriate to return inflation to a 2% rate over time, etc.

So same language after that, but taking out that anticipates language, which later on

during the the FOMC press conference, Fed Chair Powell did say that he did kind of highlight

that and said that a decision on a possible is not made today.

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