French government subsidies for renewable energy are set to jump 23% to a record €9 billion next year, after almost doubling in 2025 https://t.co/lesb3jGK50 ...

Apple just one of four Mag 7 names set to report this week and some new iPhone sales data out of China could shed some light on what to expect. Our Steve Kovac has that in today's tech check. Morning Steve.>> Yeah, some good data Carl coming out of here ahead of earnings on Thursday. China though it's still a sore spot for Apple as it loses market share to its big rival out there Huawei. But some good news in this report.iPhone sales are growing again and that's thanks to government subsidies, trade-in deal ...

Core Viewpoint - Investors are increasingly skeptical about USA Rare Earth's potential to secure government subsidies, especially in comparison to its competitor MP Materials, which has established operations and partnerships [1][6]. Company Comparison - USA Rare Earth has not generated any revenue, while MP Materials reported over $200 million in revenue last year, with expectations of 30% growth this year and nearly doubling revenue by 2026 [4]. - MP Materials has active mining operations and a refining business, whereas USA Rare Earth lacks these capabilities and is projected to start generating revenue only in 2026 [4][5]. Profitability Outlook - Analysts predict that USA Rare Earth may not achieve adjusted profits until 2028, with no clear timeline for when it might earn a GAAP profit [5]. - In contrast, MP Materials has secured a 10-year deal with the Pentagon and a $500 million partnership with Apple, highlighting its strong market position [6].

The feud between Elon Musk and President Donald Trump continues to escalate with Trump now threatening to withdraw government subsidies from his former billionaire ally’s companies.On this episode of the Elon, Inc. podcast, we discuss the possibility of Musk starting a third political party to challenge Republican incumbents in the upcoming primary election https://t.co/VkeF7YeEyg ...

The feud between Elon Musk and President Donald Trump continues to escalate with Trump now threatening to withdraw government subsidies from his former billionaire ally’s companies.On this episode of the Elon, Inc. podcast, we discuss the possibility of Musk starting a third political party to challenge Republican incumbents in the upcoming primary election https://t.co/VkeF7YeEyg ...

Tesla and Chinese Market - Tesla's Model 3 and Y are included in China's rural electric vehicle promotion plan, indicating government support and market expansion opportunities [1] - Tesla's China insurance registrations reached 13,060 units in the week of May 26 to June 1, with Model Y accounting for approximately 80% of sales [1] - Tesla's Q2 sales in China show a 26% increase compared to the previous quarter, but a 214% decrease year-over-year, indicating an unstable recovery [1] - China aims to have at least 20 million electric vehicles on the road by 2025, with significant investment in charging infrastructure, especially in rural areas [1] Chinese Automotive Industry Dynamics - Chinese automotive dealers are requesting manufacturers to reduce the pressure of overstocking due to intense price wars [1] - The China Federation of Industry and Commerce's Automotive Dealers Chamber indicated that dealers are facing increasing pressure from new rounds of price cuts since Q2 [1] - China is promoting electric vehicles in rural areas to address overcapacity issues, but the long-term effectiveness of this approach is questionable [1] SpaceX Developments - SpaceX released the Starlink High-Performance Kit designed for harsh environments, offering download speeds exceeding 400 Mbps with plans for gigabit speeds via software upgrade in 2026 [2] - The Starlink High-Performance Kit is priced at $1,999, with monthly plans ranging from $65/50GB to $540/2TB, targeting enterprise and mobile deployments [2] - Elon Musk estimates SpaceX's commercial revenue will surpass NASA's entire budget next year, with SpaceX's 2025 revenue reaching approximately $155 billion [2] - NASA's proposed 2026 budget is $188 billion, a decrease from $254 billion in 2025 [2]