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Industry

Tesla\'s Q2 results buoyed by Model Y, oil prices and incentives

Tesla delivered 480,126 vehicles in the second quarter of 2026, up 25 percent from a year earlier, ending a two-year decline in quarterly deliveries. The total beat market expectations and exceeded even the most optimistic forecasts. Deliveries outpaced production as the company drew down inventory, while energy storage deployments rose to 13.5 GWh. The article cites higher oil prices linked to the Iran war, easier year-on-year comparisons, and large U.S. incentives as key factors.

Crypto

Bitcoin hits 2026 low then rebounds; will weak U.S. stocks trigger further declines?

Bitcoin slid 9% over three days to its lowest level so far in 2026 before edging back to around $59,500. It triggered more than $1 billion in liquidations as it retested $58,000, Cointelegraph reported. The decline coincided with U.S.-listed spot Bitcoin ETF outflows, an options expiry skewed to puts and widening unrealised losses at Strategy. Analysts said a rebound would need drivers beyond supportive equity markets.

Crypto

Bitcoin wavers on stronger dollar, fears of further slide below $59,000

Bitcoin slid as low as $59,060 on June 24, approaching its 2026 low range again. Market sentiment weakened amid a stronger U.S. dollar, net outflows from spot bitcoin exchange-traded funds and a slowdown in Strategy’s buying pace. Investors also focused on expectations that interest rates could stay high for longer. Data showed U.S. M2 money supply rose to $23.05 trillion in May from $22.8 trillion a month earlier.