Elon Musk's Disapproval of Tariffs on Chinese-made EVs

Elon Musk expressed disapproval of 100% tariffs on Chinese-made EVs and stated that Tesla competes well in the Chinese market without tariffs. He believes in a level playing field for all competitors and is against tax incentives for EVs and oil/gas. Musk warned that Chinese EV companies could dominate the global market if trade barriers are lifted.

Apple's Declining Sales in Global Smartphone Market

Apple faces declining sales globally except in Europe, with a 10% drop in iPhone sales in the first three months of 2024. The company attributes the decline to supply disruptions due to the Coronavirus pandemic but remains optimistic for a rebound with upcoming product launches and AI investments.

China's Excess Capacity in Clean Energy Products

Treasury Secretary Janet Yellen warns about China's excess capacity in clean energy products, affecting global market prices and hurting American firms. Yellen plans to address this issue during her upcoming visit to China.