Tesla has ramped up sales with discounts and financing deals before the $7,500 federal tax credit expires. But analysts warn this surge may not last, raising questions about the company's future.
As the $7,500 federal tax credit for electric vehicles nears its end, sales have surged. But what does the future hold for EVs? Analysts predict a significant downturn as automakers shift focus back to gas-powered cars.
Shoppers rush to buy electric vehicles as a $7,500 tax credit nears expiration. At the Orange County Auto Show, interest in EVs is at an all-time high as consumers seek to capitalize on savings.
With the Federal Reserve poised for its first interest rate cut of 2025, global markets are on edge. This article explores the implications of potential rate changes and key market indicators shaping today's financial landscape.
US retail sales continue their upward trend, rising 0.6% in August, marking the third consecutive month of growth. This unexpected increase showcases consumer resilience despite inflation concerns.
Tesla faces a shocking 40% drop in sales in Europe amid a booming EV market, while BYD's sales skyrocket by 225%. Can Tesla recover, or is BYD taking the lead?
In July 2025, existing-home sales rose by 2.0%, marking a positive shift in the real estate market. With improved affordability and increased inventory, homebuyers find themselves in a favorable position to negotiate better deals.
U.S. retail sales rose 0.5% in July, driven by strong vehicle demand and major retailer promotions, but fears of a slowing economy and rising inflation could dampen consumer spending ahead.
U.S. equities experienced a mixed performance at midday, with retail sales showing strong consumer spending. While the Dow slightly rose, the S&P 500 and Nasdaq fell, driven by varying performances from major stocks including UnitedHealth and Salesforce.
Boeing has dramatically reduced its quarterly losses and increased sales, delivering the highest number of airplanes since 2018. CEO Kelly Ortberg highlights improvements and future goals as challenges remain.
