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Tesla Struggles in Europe As New Registrations Fall 13% In 2024, Driving First Global Delivery Decline In Years
American EV giant Tesla Inc witnessed a 13% drop in new car registrations in 2024 in the European Union despite overall new car registrations rising in the year, according to data from the European Automobile Manufacturers Association (ACEA) released on Tuesday. read more
WE Fashion Taps Oracle Cloud For Global Retail Solutions: Details
WE Fashion chooses Oracle Cloud to modernize its business processes and enhance security and agility. Oracle will use AI to optimize merchandise management. read more
World Markets Mixed As Trumps Takes Office, Dollar Strengthens – Global Markets Today While US Slept
US markets closed higher on Friday with strong weekly gains. Economic data showed industrial production and housing starts exceeded expectations. read more
DJT Stock Drops 3% In Tuesday Premarket, A Day After Inauguration — Key Details About Trump’s Media Company
Shares of President Donald Trump’s media company, Trump Media & Technology, fell more than 3% in pre-market trading after the inauguration ceremony. read more
Tesla’s Chinese Rivals Li, Xpeng, Nio Surge While Rivian Declines In Pre-Market As Trump Revokes Biden’s EV Target
US-listed shares of Chinese EV startups Li Auto, Nio Inc, and Xpeng rose as high as 7.3% in premarket trading on Tuesday. read more
Amazon’s Zoox Eyes Joining Leagues Of Waymo In 2025, To Offer Rides To Public ‘Quite Soon’
Amazon.com Inc’s autonomous driving unit Zoox is reportedly looking to begin offering rides to the public “quite soon.” read more
Here Are The EVs Which Could Lose $7,500 EV Tax Credit Under Trump Administration
Customers in the U.S. looking to purchase an electric vehicle can get $7500 federal EV tax credit for several models including from Tesla Inc, Ford Motor Co, and more. However, new President Donald Trump on Monday said that his administration would consider ending tax credits, impacting the purchase price for eligible customers. read more