Automotive
Tesla’s U.S. market share dropped to a near eight-year low in August as buyers chose electric vehicles from a growing stable of rivals over the aging lineup offered by CEO Elon Musk’s company. Reuters. Tesla is down 13% YTD.
Detroit’s Carmakers to Save Billions in Trump Emissions Rollback. Bloomberg.
Technology
Microsoft‘s cloud business driven by AI demand is growing at a rapid pace. “Management shared that Azure is now a $75 billion business, after exhibiting 39% year-over-year revenue growth last quarter. It expects 37% growth next quarter. That makes it roughly 50% larger than Google Cloud, but growing faster. And its massive backlog means it can continue outpacing the competition in the future.” The Motley Fool.