Author: Press Room

Elon Musk’s reliance on selling regulatory credits to boost Tesla’s bottom line is coming to an end as the U.S. government eliminates subsidies and fines related to fuel economy standards. Tesla has amassed an amazing $11.8 billion from the sales of regulatory credits to carmakers. InsideEVs reports that Elon Musk’s Tesla has long relied on selling regulatory credits to other automakers to bolster its earnings. Over the past decade, the company has amassed a staggering $11.8 billion in revenue from these sales. However, with recent changes in U.S. legislation, this lucrative revenue stream is set to dry up, forcing Musk to…

The Israeli government announced Monday that it was expelling Australia’s diplomatic representatives to the Palestinian Authority, who live in Israel, in response to Australia’s ban on a visit by an Israeli politician. As Breitbart News reported, Australia decided to revoke the visa of Simcha Rothman, a senior right-wing member of the Israeli Knesset, who was due to visit as a show of solidarity with the local Jewish community. Rothman’s views are conservative, but well within the mainstream of Israeli politics. The Australian government cited his support for winning the war, his belief in exerting Israeli sovereignty over disputed territories, and…

Brazil’s socialist president, Luiz Inacio Lula da Silva, declared Brazil is “open for business” at the opening ceremony for a Chinese automobile plant in Sao Paulo on Friday. “Count on the Brazilian government. Whoever wants to leave, leave. Whoever wants to come, we welcome you with open arms,” Lula said. Lula seemed to be alluding to automakers Ford and Mercedes choosing to reduce their operations in Brazil over the past few years. Mercedes shuttered its modest factory in Sao Paulo in 2020, ostensibly due to reduced demand because of the coronavirus pandemic. Ford pulled out of northeastern Brazil the following…

Friday, during his weekly appearance on PBS’s “NewsHour,” New York Times columnist David Brooks said President Donald Trump was using “mustard gas on our democracy” by advocating for redistricting in Texas. Brooks said, “Let’s do a little ethical experiment here. You are in World War I, the Germans used mustard gas on civilians, and it helps them. Do you then decide, OK, we’re going to use mustard gas on civilians? What Trump ordered Abbott to do in Texas is mustard gas on our democracy. Some people would feel, OK, that was terrible, we have to fight back, it’s horrible, but…

Beijing’s rapid military modernization fuels debate, but closer scrutiny reveals a more complex and nuanced defense strategy Over the past two decades, China has made remarkable progress in the development of its defense and military capabilities.Once heavily dependent on military imports and foreign technologies, Beijing has gradually moved toward self-sufficiency. This shift is evident in recent technological breakthroughs across multiple domains, including the domestic production of advanced fighter aircraft, frigates, aircraft carriers, hypersonic missiles, and unmanned systems. At the same time, China has articulated a distinct vision for the future of warfare, one that emphasizes artificial intelligence (AI), autonomous systems,…

General Keith Kellogg, who is currently serving as President Trump’s special envoy to Ukraine, hosted a meeting with Ukrainian President Volodymyr Zelensky on Monday ahead of Zelensky’s meeting with President Trump. President Trump and Zelensky are set to discuss a potential deal to end the war between Ukraine and Russia, following Trump’s meeting with Russian President Vladimir Putin, where the two came to an agreement to secure peace, pending Ukraine and NATO cooperation. As The Gateway Pundit reported earlier, Zelensky is expected to wear a suit during his meeting with Trump at the White House. ‘WEAR A SUIT!’: Zelensky Expected…

For years, Rohan Oza made millions for celebrities—including Jennifer Aniston and 50 Cent—on beverage deals. Then in May the ‘Shark Tank’ veteran brokered the blockbuster sale of the prebiotic soda Poppi to Pepsi. And he’s not done yet. Sitting in his Manhattan office, where hot pink, purple and orange cans of his soda brand Poppi are tacked to the wall like artwork, Rohan Oza explains how, for the past 20 years, he’s been searching for the perfect soft drink. “Americans are looking for the brands of tomorrow,” says the 53-year-old Oza, cofounder of Los Angeles–based private equity firm Cavu Consumer…

A semi-truck transporting eight Tesla EVs caught fire on the 5 Freeway in Los Angeles, leading to extensive road closures and significant traffic disruptions on Saturday evening. The Los Angeles Fire Department has not disclosed the cause of the inferno that required a massive team of firefighters to put out. KTLA reports that a semi-truck carrying a load of Tesla vehicles became engulfed in flames on the southbound lanes of the 5 Freeway in Sylmar, a suburban neighborhood of Los Angeles, at about 5:30 p.m. on Saturday. The Los Angeles Fire Department (LAFD) swiftly responded to the scene to combat…

Ukrainian President Volodymyr Zelensky highlighted a wave of Russian drone strikes on four regions of his country on Monday, hours before he is expected to meet with American President Donald Trump to broker a peace agreement with Russian strongman Vladimir Putin. Putin met with Trump personally on Friday, flying into Alaska for a private engagement that lasted about three hours. The engagement did not result in any publicly known substantive commitments on Putin’s part to stop the full-scale invasion of Ukraine, which he launched in February 2022, or return any of the land Russia has colonized in Ukraine since 2014. Both…

Texas Attorney General Ken Paxton on Breitbart News Saturday said that Sen. John Cornyn (R-TX) is nothing but a “Washington insider” who has been in the Senate for 23 years and has pushed gun control, “insinuated” amnesty, and chided President Donald Trump’s plans for a border wall. Paxton spoke to Breitbart News Saturday host Matthew Boyle as the state attorney general hopes to primary Cornyn. He chided Cornyn for running for a fifth term in the U.S. Senate. Paxton said, “He’s been in office since I’ve been in college and I’m 62 years old. He’s been in the Senate for 23 years,…