Author: WTX News

The WTX News Teams works around the clock to deliver, breaking news and news Briefings to you on a daily basis. It is our opinion that sometimes you need information, not speculation so we try to cut through the bull**** and give you that in your Daily News Briefing.

Tesla Stock Tumbles Below Key Level As Chinese Demand Crashes China orders for Tesla vehicles reportedly nearly halved in May, sending Tesla stock tumbling. That could be good news for EV rivals Nio, Xpeng and Li Auto. Tesla orders nearly halved in May vs. April, the Information reported, citing internal data. That comes amid weeks of consumer complaints about Tesla safety and its response to criticism, heavily covered in state media. In April, Tesla deliveries in China excluding exports fell by two thirds vs. March to 11,671, according to trade group data. China has accounted for the bulk of Tesla’s…

Read More

European Union (EU) government reached a deal with the EU Parliament on Tuesday over new rules that will force large multinational companies to disclose how much revenue and tax they pay in the 27-nation bloc and how much they pay in countries considered tax havens by the EU. This has been an ongoing war since the last crisis when the likes of Amazon, Microsoft, Google, Facebook and others were exposed for paying ridiculously low amounts of tax. Many critics have criticised it as a half-measure and corruption in the EU parliament for bowing down to the tech giants. EU agrees…

Read More

Scotland national team continued their Euro 2021 preparations in a positive fashion, despite Memphis Depay’s late free-kick denying them victory over the Netherlands in Portugal. Shorn of seven players due to Covid-19 precautions, Steve Clarke’s side defied any early concerns when Jack Hendry drilled in to cap a fine start. Depay swept home a composed first-time shot to level, then arced in a stunning set-piece in the final moments after substitute Kevin Nisbet scored with his first touch to restore Scotland’s lead. Scotland national team is spirited  FT: Netherlands 2-2 Scotland Scotland head coach Clarke goes on to praise the spirit…

Read More