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Tesla Delivers 358,023 Vehicles In Q1, Missing Wall Street Expectations For Second Consecutive Quarter
Tesla Delivers 358,023 Vehicles In Q1, Missing Wall Street Expectations For Second Consecutive Quarter
Tesla reported a disappointing first quarter, delivering 358,023 vehicles worldwide, falling short of Wall Street expectations of about 372,000, according to Bloomberg-compiled estimates and the company’s own release.
The miss marks Tesla’s second consecutive quarter below forecasts, underscoring continued pressure on its core automotive business as it navigates slowing electric-vehicle demand and a more competitive global market.
Despite the shortfall, deliveries were still up 6.3% year over year, benefiting from an easier comparison period when production of the...
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May 20, 2026 / Tyler Durden
Samsung Union Postpones Massive General Strike, Puts Wage Deal To Vote
Samsung Union Postpones Massive General Strike, Puts Wage Deal To Vote
Summary:
Samsung Union Postpones Massive Strike For Union Vote On Saturday
Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse
Samsung Union Postpones General Strike For Weekend Vote
Late Wednesday night in South Korea, Samsung and its largest union held last-minute negotiations ahead of a massive general strike.
Vice Minister Kwon Chang-jun of the Ministry of Employment and Labor joined the negotiating table between Samsung and its largest union, a move that appears to have led to a breakthrough.
South Korea's national...
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Aug 5, 2026 / Tyler Durden
Brent Bounces As Houthis Attack, Sink Vessel Off Yemen With Sea Drone
Brent Bounces As Houthis Attack, Sink Vessel Off Yemen With Sea Drone
The Houthis have quickly made good on their earlier threat, with the United Kingdom Maritime Trade Operations (UKMTO) Centre having reported the following fresh attack off Yemen:
UKMTO has received a time-late report of an incident 9NM southwest of Al Mukha, Yemen.
The CSO of the vessel has reported that the vessel was attacked by an Uncrewed Surface Vessel which caused a fire onboard. The crew have been rescued by local authorities and are safe and well.
The vessel has been...
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Apr 11, 2026 / Tyler Durden
Metal Shock: Gulf's Largest Aluminum Producer Declares Force Majeure
Metal Shock: Gulf's Largest Aluminum Producer Declares Force Majeure
A little more than a week after Emirates Global Aluminum (EGA), the Gulf's largest aluminum producer, halted operations at its Al Taweelah smelter following Iranian missile and drone strikes, EGA has now declared force majeure on parts of its contract book, signaling that supply chain disruptions are spreading beyond energy markets and into industrial metals.
Bloomberg obtained new documents showing that EGA invoked force majeure clauses to suspend at least some deliveries after Iranian drone and missile strikes damaged the Taweelah smelter...
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