Tesla’s (TSLA) status as the “winner” of President Donald Trump’s new auto tariffs didn’t protect it from a tech-led market selloff on Friday, as the stock followed Nvidia (NVDA) and the rest of the Magnificent 7 lower after new economic numbers pointed toward the possibility of stagflation.Read more... [...]
After President Trump announced a 25 percent tariff on nearly all Canadian imported goods (and Canada announced its own 25 percent tariff on American imported goods), Doug Ford, the premier of Ontario — and a former supporter of President Trump — announced the Canadian territory would be “ripping up” a $100 million contract with Elon Musk’s Starlink. The contract was signed in November l [...]