Ambulances at collapsed Indonesian school as student search continues
More than 10 ambulances lined up near a collapsed Islamic school building in Indonesia's East Java province on Friday as rescuers continued their sear...
Tesla sales hit a record 497,099 vehicles in Q3 as buyers rushed before the U.S. tax credit expired. Despite the surge, experts warn the gains may not last amid rising competition.
Tesla’s third-quarter global sales jumped 29% from the previous quarter and 7% year-over-year, marking the first year-over-year gain in 2025. The spike came as American buyers raced to secure a $7,500 federal EV tax credit before it expired on September 30.
CEO Elon Musk briefly saw his net worth top $500 billion, making him the first person to surpass the half-trillion-dollar mark, though shares later dipped, reducing his net worth to $490 billion.
Tesla does not break down regional sales, but other automakers also reported record U.S. EV sales in Q3. GM more than doubled its EV sales, Ford saw a 30% rise, and Hyundai’s sales doubled, though it cut prices on its IONIQ 5 EV model. Analysts expect further price adjustments as competition grows.
Despite the quarterly boost, Tesla’s year-to-date sales are down 6% from 2024, and the company faces mounting competition globally. Chinese automaker BYD’s EV passenger car sales rose 31% in Q3, giving it a total of 1.6 million units this year, surpassing Tesla’s 1.2 million. BYD is positioned to become the world’s largest EV maker, even without U.S. sales.
Experts say Tesla’s challenges come from political backlash against Musk, growing Chinese competition in Europe, and an increasingly crowded EV market.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Shein is opening its first permanent physical stores in France, starting in Paris and expanding to five more cities. The fast-fashion giant aims to test brick-and-mortar retail in one of the world’s most influential fashion markets.
American soybean farmers are struggling as China, once their largest buyer, shifts purchases to Argentina amid trade tensions and export incentives.
U.S.-based aviation company Boeing is preparing to produce a new narrow-body, single-aisle aircraft to replace its 737 Max model, sources report.
The Organization of Petroleum exporting countries OPEC+ is likely to consider a larger oil production increase of 411,000 barrels per day for November at its meeting next Sunday as rising oil prices encourage the group to try to regain more market share, said sources familiar with the talks.
Chinese electric vehicle manufacturer BYD Co expects exports to account for around 20% of its global sales this year, supported by the launch of new models, the South China Morning Post reported on Monday.
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