Wall Street is reining in expectations for Tesla deliveries as the Elon Musk-run automaker struggles with waning consumer demand and the threat of reduced U.S. federal incentives for EVs.
June 6, 2025Donald Trump Transportation News Updates
Tesla’s EV Deliveries Dropping as Demand Erodes Sharply
Walmart CFO Says Shoppers Remain Focused on Food, Essentials
Walmart said shoppers are still spending about the same as they did a year or two ago, with a focus on food and essentials over discretionary purchases.
June 6, 2025Poll: Canadians to Ditch US Travel Over Tariffs, State Jabs
Most Canadians say they plan to shun U.S. travel this summer as the trade war between the two countries continues, according to a poll by Leger Marketing.
June 6, 2025US, Chinese Negotiators to Meet in London for Trade Talks
President Donald Trump said U.S. and Chinese negotiators will resume trade talks on June 9 in London, as the world’s two largest economies look to resolve a simmering dispute over tariffs.
June 6, 2025Japan, US Start Tariff Talks Amid Reports on Cars
Japan and the U.S. have begun trade negotiations, with media reports suggesting Tokyo’s delegation is trying to win a reprieve from the tariffs by pledging to make more cars in the U.S.Â
June 6, 2025Businesses Expect to Pass Along 50% of Tariffs, Survey Finds
Business expect to pass through roughly half of tariff-related expenses to U.S. consumers still reeling from the pandemic-era inflation surge, according to a new survey.
June 6, 2025Tesla Plunges After Trump-Musk Conflict Erupts
Tesla's shares sank as Elon Musk and President Donald Trump’s simmering feud devolved into a public war of words between two of the world’s most powerful people.
June 5, 2025US Steel Deal With Nippon Seen Closing by Merger Deadline
Nippon Steel and United States Steel are on pace to finalize their $14.1 billion combination with President Donald Trump’s administration ahead of a deal deadline later this month.
June 5, 2025Trump Says US and China Will Resume Trade Talks
President Donald Trump said his conversation with Chinese leader Xi Jinping had a “very positive conclusion” on June 5, announcing that the two countries will hold trade talks.
June 5, 2025Trump Speaks With Xi Amid Stalled Tariff Talks
President Donald Trump and his Chinese counterpart, Xi Jinping, have spoken amid stalled negotiations between both countries over tariffs that have roiled global trade.
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