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.
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Egypt, Tunisia, Algeria call on Libyan parties to cease escalation, hold simultaneous elections – Middle East Monitor
Summary Egypt, Tunisia, and Algeria called for an immediate end to the escalation in Libya and urged for simultaneous parliamentary and presidential elections during a trilateral meeting in Cairo. The foreign ministers emphasized the need for restraint among Libyan parties amid renewed clashes in Tripoli, highlighting the importance of advancing Libya’s political process and unifying institutions. This meeting aims to reactivate a previously suspended tripartite coordination mechanism to support peace and stability in Libya, with...
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