Tesla China CEO Says Shanghai Gigafactory Is "Golden Key" To Optimus Robot Production

"Critical Inflection Point" Reached As USA Rare Earth Expands With $2.8 Billion Serra Verde Buyout USA Rare Earth Inc. is acquiring Brazil’s Serra Verde Group in a roughly $2.8 billion cash-and-stock deal, part of a broader push by the U.S. and its allies to secure independent supplies of critical minerals, according to CNBC and Bloomberg.  The agreement includes $300 million in cash and a large share issuance, with the transaction expected to close in the third quarter. The deal comes amid rising concern over China’s dominance in rare earths—a group of 17...

China Wants Iran War End, Pushes 'Immediate' Hormuz Reopening During Araghchi Visit Ahead Of Trump-Xi Summit Iranian foreign minister Abbas Araghchi is currently in Beijing meeting with his Chinese counterpart, FM Wang Yi, and the timing of the visit sends a resounding message to Washington and the West. The highly anticipated Trump-Xi meeting is still scheduled for next week, expected for May 14-15, though there has been ample speculation the ongoing events of the unpredictable Iran war and Hormuz Strait crisis could derail the trip at the last minute. Of course,...

Iran Retaliates On US Bases In Five Countries Simultaneously As Tehran Bombed Iran launched retaliatory strikes targeting Israel and US assets across the Middle East, hitting sites in Qatar, the UAE, Kuwait, Bahrain, Syria, Jordan, and Iraq - soon after the Trump-ordered 'Operation Epic Fury' started, which appears aimed at accomplishing regime change in Iran. Multiple explosions rocked Tehran, with additional blasts reported in several other locations nationwide, soon after which several countries across the region closed their airspace once it was bombs away, and as the cross-border attacks intensified. Israel is...