Tesla Inc. TSLA has experienced a fifth straight month of declining sales in Europe as EVs continue to gain footing in the region. Check out the current price of TSLA stock here. What Happened: The latest sales figures for the European region during May come in through data released by the European Automobile Manufacturers’ Association,…
U.S. stock futures saw an uptick Tuesday night following President Donald Trump‘s statement that he has “no intention” of dismissing Federal Reserve Chair Jerome Powell. For the day, the Dow Jones Industrial Average ended 2.7% higher at 39,186.98, while the S&P 500 rose 2.5% to 5,287.76 and the tech-heavy Nasdaq ended Tuesday higher by 2.7% to 16,300.42….
Tesla Inc.’s TSLA new vehicle registrations in California have declined despite growing adoption of EVs in the domestic market, according to the latest Q1 2025 sales data. What Happened: The California New Car Dealers Association (CNCDA) released a report on Wednesday, highlighting the new vehicle registrations in the state for Q1 2025. According to the…
A new report highlights the growth of several automotive brands, as Tesla Inc. TSLA saw its market share decline in the U.S. electric vehicle sector in the first quarter. What Happened: A political push by Tesla CEO Elon Musk has led to protests at Tesla dealerships and lower sales of the leading electric vehicle company in…
The sales figures for Q1 2025 for EVs showcase a growth in U.S. EV sales for several manufacturers and paint a strong picture for the domestic EV sector. What happened: Cox Automotive has published a report outlining how the EV sector is performing in the US. The report showcases how EV sales in the US…
Elon Musk’s SpaceX, Amazon.com Inc. founder Jeff Bezos’ Blue Origin, and Boeing Co. BA and Lockheed Martin Corp.’s LMT United Launch Alliance (ULA) have been awarded contracts by the U.S. Space Force. These contracts, valued at $13.5 billion, are intended for launching critical satellites into orbit by 2029. What Happened: These contracts are part of the Space…
In a stride towards the initiation of its commercial service, Jeff Bezos‘ Amazon Inc. AMZN is set to launch its long-awaited Kuiper internet satellites on April 9. What Happened: Amazon announced on Wednesday that the satellites will be launched from Cape Canaveral, Florida, using United Launch Alliance’s Atlas V rocket. The event will be telecast via live streaming on ULA’s website. The…
Tesla Inc. TSLA has seen its market share in Europe shrink, despite a surge in demand for electric vehicles (EVs). The company’s sales have dipped for two consecutive months. What Happened: Data from the European Automobile Manufacturers Association (ACEA) indicates that Tesla’s sales in Europe have plummeted by 42.6% this year. Tesla’s market share stood at 1.8% of…
Danny Moses, renowned for his accurate prediction of the 2008 financial crisis, has voiced concerns over the economic impact of recent federal job cuts. What Happened: The founder of Moses Ventures cautioned that the market has not fully considered the economic repercussions of the job cuts initiated by the Department of Government Efficiency (DOGE), a…
President Donald Trump has publicly praised Amazon AMZN founder and owner of The Washington Post, Jeff Bezos, for the significant changes he has implemented at the newspaper. What Happened: President Trump, during an interview with television journalist Sharyl Attkisson, expressed his appreciation for Bezos’ efforts to improve The Washington Post. “I think a guy like Bezos is — I’ve gotten to know…