Money

Californians go crazy for EVs with huge Tesla spike

Published

4 years ago

July 16, 2021

More Californians are jumping into the world of electronic vehicles – with Tesla registrations rising 85%

The Elon Musk-owned company has seen sales lift in sunny California, as locals fall in love with the future of electric cars.

Tesla vehicle registrations in California rose more than 85% in the second quarter versus last year, largely due to the success of the company’s Model Y.

According to data from Cross-Sell, a research firm that collates title and registration data, California registrations for the Model Y, Tesla’s electric crossover utility vehicle, jumped to 13,581.

Despite a global semiconductor shortage, the automaker posted record vehicle deliveries for the April-to-June quarter earlier this month – relying on older models to lead sales.

Playing Cyberpunk in Model S Plaid pic.twitter.com/y9Ev4F6EaU
— Tesla (@Tesla) June 13, 2021

Bitcoin drop to influence Tesla?

The focus is now on the company’s second-quarter earnings report due on July 26, with investors waiting to gauge if bitcoin’s recent fall would hit Tesla’s bottom line, due to its exposure to the cryptocurrency’s volatility.

Tesla has been increasing prices for its vehicles in recent months, with billionaire boss Elon Musk blaming the rise on “major supply chain price pressure”, especially raw materials.

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Wall Street hits record highs as markets shrug off Venezuela tensions

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

Published

4 days ago

January 7, 2026

Harvey Vargas

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.

The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.

The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.

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#WallStreet #StockMarket #SP500 #DowJones #MarketRally #USMarkets #GlobalMarkets #TickerNews

Money

Dow hits record after U.S. military action in Venezuela

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.

Published

5 days ago

January 6, 2026

Harvey Vargas

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.

The Dow Jones Industrial Average surged nearly 600 points to a record close following U.S. military action in Venezuela. Investors responded positively, signalling confidence that the geopolitical situation would not spiral out of control.

Stocks rallied alongside rising crude oil prices, with energy companies like Chevron and Exxon Mobil leading the gains. Analysts noted that oil infrastructure rebuilding in Venezuela could provide long-term benefits for the sector.

Despite the bullish market reaction, gold futures also rose, suggesting that some traders remain cautious amid global uncertainties.

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Money

Wall Street eyes further gains in 2026 as rate cuts fuel optimism

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.

Published

6 days ago

January 5, 2026

Harvey Vargas

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.

Wall Street is entering 2026 with renewed confidence as falling interest rates and robust corporate earnings lift expectations for continued stock market gains. Analysts say an easier monetary policy is providing fresh momentum for equities after several strong years.

The US economy has continued to show resilience, with businesses maintaining healthy balance sheets and earnings growth holding up despite global uncertainty. Lower borrowing costs and supportive fiscal settings are expected to further boost investor sentiment.

However, market watchers remain cautious, warning that optimism could fade quickly if economic data disappoints or inflation pressures return.

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