LI Li Auto delivered 41,053 vehicles in March pushing cumulative sales past 1.6M units. XPEV XPeng shipped 27,415 units up 80% over February. The Chinese EV makers posted explosive growth as domestic demand accelerated.
TSLA Tesla registrations surged across Europe in March. France jumped 203% year over year. Norway climbed 178%. Denmark rose 143% and Sweden gained 96%. The regional momentum contrasted sharply with safety headlines hitting legacy automakers.
NTSB found F Ford's BlueCruise driver assistance system at fault for two fatal collisions. The safety ruling triggered fresh scrutiny of autonomous driving tech across the industry. Tesla remained implicated in the broader investigation despite European sales strength.
Eurozone manufacturing PMI hit 51.6 versus 51.4 estimates. Germany posted 52.2 beating 51.7 forecasts. UK came in at 51.0 slightly below expectations. France held flat at 50.0. The data showed resilience despite lingering Iran war effects.
Dollar dropped on de-escalation hopes after Trump signaled potential Iran war exit. Oil prices seesawed around $100 in volatile trading. Brent surged 60% in March marking its biggest monthly gain since 1988. Gold ticked higher as safe haven flows reversed.
AAPL Apple faced backlash from Telegram CEO Pavel Durov for removing VPN apps in Russia. MSFT Microsoft announced $5.5B Singapore investment by 2029 expanding Asian cloud infrastructure.
NCNO nCino jumped 19% after hours on earnings. SpaceX lined up 21 banks for mega IPO code-named Project Apex per Reuters exclusive.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
