π¨πΊπΈ Trump threatens Musk
Former President Donald Trump criticized Elon Musk, stating that Musk has long known of his opposition to electric vehicles, despite endorsing his presidential candidacy. Trump claimed electric cars are fine but shouldn't be mandated for everyone. He suggested that Musk's subsidies could be unprecedented and without them, Musk might have to shut down operations. Trump concluded that halting rocket launches and electric vehicle production could save the nation significant funds and hinted at DOGE's role in this discussion.
Former President Donald Trump criticized Elon Musk, stating that Musk has long known of his opposition to electric vehicles, despite endorsing his presidential candidacy. Trump claimed electric cars are fine but shouldn't be mandated for everyone. He suggested that Musk's subsidies could be unprecedented and without them, Musk might have to shut down operations. Trump concluded that halting rocket launches and electric vehicle production could save the nation significant funds and hinted at DOGE's role in this discussion.
π·πΊ Akcakov: The Central Bank's key interest rate may drop to 13-15% by the end of the year.
π Xpeng reported a significant increase in vehicle deliveries, with 34,611 cars sold in June, marking a 224% year-over-year growth. The company is on track for a record quarter in Q2 2025, aiming to deliver 103,181 vehicles.
π Xiaomi reported that in June, it delivered 25,000 vehicles, surpassing its target of 20,000. However, this figure is lower than the 28,000 vehicles delivered in May.
β οΈπ·πΊ The Central Bank of Russia has implemented an increased countercyclical buffer to curb credit overheating.
π SharpLink Gaming (SBET) has acquired an additional 4,951 ETH, boosting its balance significantly. This move underscores the company's growing interest in cryptocurrency as part of its strategic initiatives. For more details, visit their official site.
π Former President Donald Trump has launched a new fragrance. This venture marks another step in his business endeavors, showcasing his brand beyond politics. The fragrance is expected to appeal to his supporters and fans, further solidifying his presence in the consumer market. For more details, visit here.
π·πΊ In June 2025, trading activity in the yuan on the Moscow Exchange increased, yet the average daily volume remained below 100 billion rubles. Analysts note a rise in currency supply from exporters, which was offset by growing demand from importers, speculators, and the general public. β Πͺ
πΊπΈ The United States may lift tariffs on agricultural products that the country cannot produce on its own, including items like coffee and cocoa beans, according to the Wall Street Journal.
βοΈπΊπΈ Hut 8, a cryptocurrency miner with ties to the Trump family, has raised $220 million to purchase additional equipment. Last week, the company also registered an office in Dubai, where the Trump family is expanding their business connections. For more details, visit here.
π¨πΊπΈ Tesla shares have fallen by 7%, reflecting a significant downturn in the electric vehicle market. Investors are closely monitoring the situation as the company navigates challenges in production and demand. For more updates, visit Tesla's official site.
β¨Cryptorank reports on the top 7 token unlocks happening this week. For more details, visit Cryptorank and explore the latest insights on token unlocks.
π Chinese automakers have achieved the highest market share of hybrid vehicles in Europe, according to a report by Bloomberg. This milestone highlights the growing presence and influence of Chinese manufacturers in the European automotive sector. For more details, visit the full article on BBG.