Elon Musk’s companies are waiting for his steering

In it The first week away from the so -called US government Department of Government EfficiencyElon Musk sees positive activity in his companies. Its startup Tefup Neuralink announced financing for $ 650 million, and its TESLA electric vehicles received 213% compared to the Norway Sales.

Of course, the encouraging Tesla’s numbers in Norway are strangers against the background Omites on sale in Europe. And the causal connection between these pink events and Musk’s departure is insignificant. The Starlink Financing Round and the Norway Sales Tesla sales occurred while Musk was still full of hands with a white home. So they could happen to a small one – either by its leadership or contribution.

But both results are a reminder of why so many musk fans: his company, in principle, successful. Tesla still has a market capitalization over $ 1 trillion, and Musk is looking Estimate more than 120 billion dollars For their startup artificial intelligence XAI – on the contrary, rivals are embarrassed and anthropic search seek an assessment at 14 billion dollars and 61.5 billion dollarsAccordingly.

While Musk’s firms still deserve the attention of investors, they, like the promised Tesla, is a complete function of self-government, not quite autonomous. They need permanent – and ideally “Super focused” – Hand to guide them on the way forward.

Muted start by June
American shares posted modest income on MondayThe first trading day of June. A S&P 500 Extended 0.41%, Dow Jones Industrial Medium rose by 0.08% and Nasdaq Composite increased by 0.67%. Asian-Pacific markets rose on Tuesday. Hong Kong Hang the Index scored 1.17%while in Japan Nikkei 225 I gained 0.07% at 2 pm Singapore.

China’s Factory Activities in May falls sharply
CAIXIN/S&P Global Management’s CAIXIN/S&P Global Management index decreased to 48.3 in May since 50.4 in April, which means Chinese factory activity declined last month. Reading dramatically missed Reuters 50.6 and became the most steady decrease since 2022. The new export sensor has fallen to the lowest level since July 2023, said Kaxin, which indicates that foreign demand is slowing down from the tariffs for us.

Steel tariffs will hike to US prices
A 50% tariff on imports of steel that US President Donald Trump announced on Friday Freedom Pisho metal prices in AmericaAccording to analysts. “Already the price of steel in the United States is higher than anywhere else, and this is a pure importer that should have volumes. All that it does is raise prices there,” Josh Spoor, head of CNBC, said on Monday.

Neuralink raised $ 650 million
Neuralink Elon Musk closed 650 million USDThe Brain Tech Startup announced on Monday. Ark Investers Fund, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners and other firms participated in the round, the press release said. Neuralink builds brain-computer interface, a system that translates brain signals into teams for external technology.

Sales Tesla in Norway jump
TeslaSelling new cars in Norway In May 213% to 2600 According to the official one, according to the official data. The increase was mainly due to the sales of the updated model of the firm Y Compact Sport Utility. What exposes the trend of decline across Europe – industry groups on Monday noted that much lower sales in May’s new Tesla cars in Spain, Portugal, Denmark and Sweden.

(Pro) Tourist costs as a bell
In February, while a luxury brand Manicler He still warmed up in the shine of the star 20% rise in the rally since January, the Jill Parkinson Foundation manager took a conflicting step: he dispersed. Parkinson’s caution was not related to analysts’ reports or traditional financial modeling Costs of international tourists.

In China, the “great American” burger is made of Australian beef

American agricultural products disappear from Chinese stores and restaurants and losing positions to other imports.

In his restaurant in BeijingGeng Xiaoyun offered a special chicken-baked “Fennoteater”, as they are called in China-imported from America.

“American chicken legs are so beautiful,” the gene said. “They are spongy to make them wonderful. Chinese (chicken) legs are just not so good.”

Given the price of 30% since March, the Kunyuan restaurant owner had to pull out the Chinese delicacy from the menu.