Key TakeawaysJapan's Komeito party is reportedly planning to withdraw from the long-standing ruling coalition with the Liberal Democratic Party (LDP), following disagreements on political and financial matters with newly elected LDP leader Sanae Takaichi.Ukrainian forces claim significant success in targeting Russian energy infrastructure, reporting a 21% reduction in Russia’s oil refining capacity due to attacks in the past month. Additionally, 70 strikes were carried out on Russian territory during the sa ...

Rivian stock (NASDAQ: RIVN) dropped about 8% intraday on Thursday, amid rising investor concern over the expiry of  $7,500 federal electric vehicle (EV) tax credit. ...

BREAKING: Tesla Deliveries Jump To Record 497,099 In Q3 Rivian Automotive (RIVN) shares gapped down in heavy trading Thursday after the electric-vehicle maker reported September deliveries and narrowed its full-year delivery forecast. In an SEC filing this morning, Rivian reported it produced 10,720 vehicles in the third quarter and delivered 13,201. That's above the 12,000 deliveries analysts had modeled, according to FactSet. But Rivian also forecast 2025 deliveries of… Related news Stock Market Today: In ...

By Nora Eckert DETROIT (Reuters) -Automotive executives are bracing for a freefall in U.S. electric-vehicle sales following the disappearance of a critical $7,500 tax break for buyers. "It's a game-changer," Ford CEO Jim Farley said during a Detroit event on Tuesday, just hours before the federal subsidy expired. Farley said he would not be surprised if electric-car sales drop to 5% of total U.S. vehicle sales next month. That would be about half the level from August – a monthly record as consumers hur ...

Tesla Inc. (NASDAQ: TSLA) does not plan to cut its profit margins due to the end of the $7,500 federal electric vehicle (EV) tax credit. ...

For anyone who’s planning on buying an electric vehicle in the near future, we’ve got some good news and some bad news to share. Let’s start with the bad news: the federal EV tax credit — which offered $7,500 to those who purchased a new EV and $4,000 to those who purchased a used model — expired on September 30, 2025. These tax credits were originally set to expire by the end of 2032, but President Trump’s One Big Beautiful Bill dramatically shortened that timeline [1]. Must Read This subsequently led ...

Key TakeawaysVolkswagen Group (VWAGY) is revamping its India strategy amidst a significant $1.4 billion import tax dispute and intensifying market competition.The New Zealand Dollar (NZD) strengthened past 0.5750 against the US Dollar (USD) as concerns over a potential US government shutdown grew, impacting global currency markets.China is advancing its digital influence by proposing a comprehensive cyber cooperation plan with African nations at the Sino-Africa Internet Forum.Major Chinese oil ports are int ...

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Tesla Inc. (NASDAQ: TSLA) has struggled with electric vehicle demand in many markets in 2025, but could be experiencing a rebound to finish out the final two quarters of the year. Tesla could be looking to enter new international markets for its next phase of electric vehicle growth.What Happened: Tesla has limited operations in South America, but that could be changing soon, according to some job postings spotted by an influencer.Tesla influencer Sawyer Merritt spotted job postings for Tesla in Colombia, l ...

Group 1 - Lithium Americas (LAC) stock surged nearly 100% following news of a potential U.S. government investment, highlighting the importance of lithium in the domestic battery supply chain [1] - General Motors (GM) holds a 38% stake in the Thacker Pass lithium mine, positioning it as a significant beneficiary of government support for critical minerals [1][3] - GM's $945 million investment in Thacker Pass, including $430 million in cash and $195 million in letters of credit, secures its lithium supply with a guaranteed offtake agreement for up to 100% of Phase 1 production and 38% of Phase 2 over 20 years [2] Group 2 - GM's strategy to secure domestic lithium supplies aligns with its electric vehicle (EV) ambitions, especially amid concerns over China's supply chain dominance [3] - The company reported revenue of $91 billion in the first half of 2025, with analysts forecasting a 9.1% year-over-year increase in sales to $187.4 billion for the full year [5] - GM's inventory discipline strategy has allowed it to maintain a 50-60 day supply level, gaining market share while competitors face excess stock [5] Group 3 - GM's electric vehicle strategy is progressing, with Chevrolet becoming the second-largest EV brand and Cadillac leading in luxury EV sales [6] - The company is investing in battery technology, including lithium-manganese-rich chemistry and LFP capabilities, to enhance EV profitability [6] - GM has $4 billion in deferred revenue from Super Cruise and OnStar subscriptions, indicating a growing high-margin software business [7]