Tesla Inc
‘Anything but autos’: Can defense save Europe’s ailing car industry?
Ludovic Marin | AFP | Getty Images The European car industry is in a structural crisis. Slowing demand for electric vehicles, lost market share to Chinese competitors and higher borrowing costs have created the perfect storm for the sector over the past five years, as sales volumes continue to slump well below pre-pandemic levels. Europe’s […]
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Debris from aerial interception strikes Oracle building in Dubai, UAE says
Jaque Silva | Nurphoto | Getty Images The office of U.S. tech giant Oracle in Dubai was damaged by falling debris, the city’s media office said on Sunday, as Iran continued to fire projectiles at targets around the Middle East in retaliation against U.S. and Israeli strikes. “Authorities confirm that they responded to a minor […]
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Tesla reports 358,000 first-quarter vehicle deliveries, down 14% from last quarter
Tesla posted its vehicle deliveries and production report for the first quarter of 2026, showing a drop from the prior period but mild growth from a year earlier. Tesla has recorded annual declines in the past two years. Here are the key numbers: Total Q1 vehicle deliveries: 358,023 Total Q1 vehicle production: 408,386 Analysts were […]
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Trump’s address, SpaceX IPO, Sam’s Club membership prices and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. It’s the one-year anniversary of President Donald Trump’s initial tariff unveiling, what the president dubbed “liberation day.” Stock futures are falling this morning. The three major indexes are coming off another winning day. Here are five key things investors need […]
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Volkswagen deal with EV maker Xpeng shows how China tech threatens Western automakers
In 1984, Volkswagen partnered with a Chinese automaker because it was required by Chinese law. Now the German company is partnering with Chinese automakers because it wants to use their technology. Volkswagen Group today maintains the original joint ventures it made with Chinese automakers in those early days of its foray into what has become […]
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