Tesla To "Wind Down" Cybertruck Production At Gigafactory Texas

Stellar 2Y Auction Stops Through On Most Foreign Buying Since March 2025 After last week's post "Bessent buyback" fireworks, which sent yields on a rollercoaster ride in the subsequent days, many were very curious to see how today's sale of $69BN in 2 year paper, the week's first coupon auction, would go and whether Bessent inadvertently had impaired primary market issuance. In the end, the auction went through without a glitch. The $69BN auction of 2Y notes priced at a high yield of 4.204%, down notably from 4.315% last month...

Kremlin Skeptical That US-Iran Peace Can Be Achieved: 'Rash' If there's a 'good cop, bad cop' routine happening at the Kremlin, mostly assuredly the role of bad cop always falls to Russia's former president, Dmitry Medvedev. In his maximalist and hyperbolic threats, he can be seen as the "John Bolton of the Kremlin".  With Trump's decision to wage war on Iran, Medvedev's negativity and skepticism has proven right more often than wrong. He is the latest Kremlin top official to weigh in on the bad position Washington once again finds itself embroiled...

US Says (New) Ayatollah Wounded, Disfigured - While Other Iranian Leaders Defiantly March In Tehran As Bombs Fall Summary: Pentagon has just confirms two additional deaths in Thursday's downing of a KC-135 refueling tanker aircraft over Western Iraq: all six US crewmembers are deceased. Trump and the Pentagon claim the US and Israel are "totally destroying" Iran as the war enters day 14, with Trump warning Tehran to "watch what happens" and "I am killing them" and "what a great honor it is to" Iran’s new Supreme Leader Mojtaba Khamenei is reportedly alive...