Citi Expects Oil To Sink To $60 As Hormuz Traffic Normalizes

Trump Says He's Not Replacing FDA Chief Makary Authored by Aldgra Fredly via The Epoch Times, President Donald Trump said on May 8 that he has no plans to replace Marty Makary as commissioner of the U.S. Food and Drug Administration (FDA). When asked by reporters outside the White House about Makary, Trump responded: “Nothing much, he’s doing fine,” without elaborating further. Trump said he had seen reports suggesting the administration was planning to remove Makary from his role leading the FDA, but added that he knows “nothing about it.” The president also rejected...

Tesla China CEO Says Shanghai Gigafactory Is "Golden Key" To Optimus Robot Production Tesla's China president was quoted by local media on Tuesday as saying the Shanghai Gigafactory could eventually play a major role in mass-producing humanoid robots. The comment comes after Tesla said earlier this year that it would pivot away from producing Model S and X vehicles at its California factory and convert the vehicle production lines to Optimus robot production. The Shanghai Morning Post quoted Allan Wang Hao, a senior executive at Tesla China, who said the...