Ganesh Srivats, who joined Tesla in 2015 and eventually came to be in charge of global growth, is the latest in a [series of top-level executives](https://www.reuters.com/article/us-tesla-executives-factbox/factbox-tesla-executive-departures-since-2016-idUSKCN1IG2G2) to step down. His departure comes days before Tesla is set to announce its second quarter earnings. Cheddar's Kristen Scholer and Tim Stenovec break down the latest.
Stocks opened in a positive session as the market is on pace for a 14th straight day of gains that would tie it for the longest winning streak. This follows the Federal Reserve's decision to raise rates.
The Federal Reserve's decision Wednesday to raise its benchmark rate for the 11th time, by a quarter-point, could once again send ripple effects across the economy.