Tesla shares dropped nearly 6% on Wednesday due to slowing sales in Europe and concerns over President Trump’s proposed auto import tariffs. Data from the ACEA revealed a 40% decline in new vehicle registrations for Tesla in Europe in February, while battery electric vehicle sales increased by 26%. Despite the drop, analysts anticipate growth in Tesla’s energy storage business and driverless ride hailing, with the company set to launch a robotaxi service in Austin in June.
Full Article
Canada wildfire smoke drifts into US and across the Atlantic
SummaryWildfires in Canada have released smoke that is impacting air quality across several U.S. states, particularly Minnesota, while also drifting eastward across the Atlantic Ocean. Over 3.4 million acres (1.4 million hectares) have been burned due to unusually hot and dry conditions, with significant flames in Manitoba prompting mass evacuations. Satellite imagery illustrates the extensive reach of the smoke, highlighting the ongoing environmental crisis linked to these wildfires. Full Article
Read more