Volvo’s Stock Surges 7.4% as EV Demand Holds Firm Despite Headwinds

Volvo Cars’ stock soared 7.4% as robust EV demand in India and global markets offsets a 12% sales drop in June. Despite challenges like trade tariffs and supply chain issues, Volvo’s focus on electric trucks and new models like the ES90 drives optimism. India’s EV market, projected to hit $114 billion by 2029, underscores the … Read more

Tesla Stock Plummets as Trump Targets Musk with DOGE Probe Threat

Tesla shares dropped nearly 6% after President Donald Trump threatened to investigate Elon Musk’s subsidies via DOGE, reigniting their feud. The EV giant faces challenges from subsidy cuts, declining sales, and rising competition, shaking investor confidence. Musk’s criticism of Trump’s spending bill and threats to fund political rivals further escalate tensions, impacting Tesla’s market outlook. … Read more