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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

U.S. CLARITY Act passage this year in doubt as bipartisan clash intensifies

A bipartisan clash is growing again over the U.S. Senate’s crypto market structure bill known as the CLARITY Act. Senator Cynthia Lummis rejected criticism from Senator Elizabeth Warren that the bill would create anti-money laundering loopholes, saying it includes more than 16 safeguards to block illicit flows. Warren said hostile foreign actors move billions through crypto networks and warned the bill could worsen the problem. Banks and other groups have also raised concerns over exemptions and competition issues.

Crypto

49,000 bitcoin flow into exchanges bolsters $61,000 support

Bitcoin exchange inflows jumped to about 49,000 bitcoin in a day, renewing concerns about higher market volatility. CryptoQuant said rising inflows across bitcoin, ether and altcoins have repeatedly appeared ahead of directional price moves. Average deposit size doubled to 2 bitcoin, suggesting whales and institutions are moving coins to exchanges. Bitcoin dipped to $59,520 on July 2 before rebounding above $61,000, with CryptoQuant citing $60,000 as key support.