The chairman of South Korea's Samsung Electronics Jay Y. Lee departed on Tuesday to Washington for a business trip, a company spokesperson said, a day after unveiling a $16.5 billion deal to supply chips made in Texas to Tesla.

Dow Jones futures rose modestly Sunday night, along with S&P 500 futures and Nasdaq futures. The U.S. and European Union reached a trade deal Sunday while a China trade truce reportedly will be extended.

This suit has been brewing for some time. The state DMV started investigating Tesla for possible misleading advertising in 2021 and then sent an official inquiry to the automaker roughly a year later.

Tesla may have ended 2024 as the EV market leader, but 2025 has been less kind to the brand. After years of near-uninterrupted growth, Tesla is tanking its US sales. The once-unshakable demand for its core models – especially the Model 3 and Model Y – is softening as the competition catches up in

The Dow Jones index rose after surprise economic data. Tesla stock rallied on new plans to launch its robotaxi service.

From Japan finally getting a deal with Donald Trump on trade, to why times are getting ever tougher for Tesla, we round up the big stories in business and finance over the week to July 25. Julian Satterthwaite reports.

The Dow Jones Industrial Average drops 0.7 per cent to 44,693.91. Read more at straitstimes.com. Read more at straitstimes.com.

In case discounts and credits aren’t enough to convince people to get behind the wheel of a Cybertruck, there’s another incentive on offer. All Cybertrucks that are leased from Tesla’s current inventory now come standard with a 20-inch Cyber Wheel upgrade as standard, complete with all-terrain tires.