In the second quarter, Tesla reported a decrease in sales, while both GM and Toyota saw slight increases in their numbers. Despite this dip, Tesla remains a strong player in the electric vehicle market, with plans for new models in the future. GM and Toyota’s success in the second quarter shows that traditional automakers are still holding their ground in the competitive industry.
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Why MP Materials Stock Was a Massive Winner This Week
MP Materials, the only rare earth miner and processor in the U.S., saw its shares rise over 16% last week due to favorable news amidst a U.S.-China trade standoff. The company announced it would cease shipping rare earth concentrate to China, emphasizing that selling materials under high tariffs is not aligned with national interests, as much of its production serves clients outside China. While the bullish market reaction is notable, investors are cautioned about the...
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