Generator stock Generac heads for best week since November amid heat wave, looming storm threats
With hurricane season underway and an oppressive heat wave rolling across parts of the nation, investors have been snapping up shares of Generac. The backup generator maker is on track…
Tesla’s European car sales nosedive for fifth month as customers switch to Chinese EVs
Tesla new car sales in Europe fell for a fifth straight month in May, according to data from the European Automobile Manufacturers Association, or ACEA, as customers pivot to cheaper…
How China could shut down auto factories around the world
China’s dominance of the global supply chain is starting to hurt automakers. On April 4, the country cut off exports of a class of minerals called “heavy rare earth elements,”…