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Tesla sales boom in China

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Tesla has seen registrations of its Chinese-made cars climb again

Registrations of Model 3 Sedans and Model Y SUVs made at Tesla’s Shanghai factory totaled 28,508 units in June – a 29 percent increase from May.

The strong showing for Model 3 Sedans can be attributed to Tesla promotions that included preferential loans and discounts for full upfront payments.

Tesla continuing to fix software glitches

Tesla has faced challenges in China in recent months, including a major recall for a software fix and some negative publicity after a protester climbed on one of its vehicles at the Shanghai Auto Show in April and claimed a brake failure in a Model 3 had caused a crash.

Data from China’s Passenger Car Association revealed earlier this month showed that retail sales of electric vehicles were at about 1 million for the first half of the year.

Tesla registrations, including a handful that were imported, totaled 132,228 in that period

Tesla has introduced a cheaper version of its locally-built Model Y sports utility to boost sales in the world’s largest auto market in the second half.

Tesla has faced challenges in China in recent months, including a major recall for a software fix…

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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