Tesla, ABB, TSMC get Q2 earnings off to downbeat start

News Snapshot:

[1/5] A Tesla logo is seen on a wheel rim during the media day for the Shanghai auto show in Shanghai, China April 16, 2019. REUTERS/Aly Song/File Photo Summary Companies Musk says we're in "turbulent times"; shares fall Shoppers seek cheaper appliances, says Electrolux ABB says China orders fell in Q2 Results will deepen worries about China's faltering economy LONDON, July 20 (Reuters) - ABB (ABBN.S) warned on Thursday of slowing Chinese demand, Taiwanese chipmaker TSMC forecast a drop in 2023 sales and Electrolux cautioned shoppers are seeking cheaper appliances, deepening worries about global corporate and economic health. The news...