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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Canadian Lawmaker Spots 'Something Deeper' Brewing Amid Trump's Trade War
Canadian lawmaker Charlie Angus criticized Donald Trump for threatening to escalate the trade war with Canada if it works with the EU, pointing out concerns about the US slipping into totalitarianism. Angus highlighted instances of people being detained and kidnapped in the US, expressing a fear of Canada following a similar path under the current regime. The lawmaker emphasized the importance of resisting such authoritarian tendencies to maintain Canada's values and democracy. Full Article
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