Author: Daniel snow

[ad_1] Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBCEuropean sales of Tesla vehicles plunged in April, as the U.S. electric carmaker continues to face reputational damage regionally and rising competition.Tesla sold 7,261 cars in Europe in April, down 49% year-on-year, according to the European Automobile Manufacturers’ Association (ACEA). That drop came even as overall battery electric car sales rose 34.1% annually in April.Tesla has faced brand damage over the past few months because of CEO Elon Musk’s political involvement with U.S. President Donald Trump, with protests erupting at Tesla dealerships across Europe in March.Tesla sales tanked…

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[ad_1] Diamond rings and bracelets on display in a show window in Antwerp, Belgium. (Photo by Yuriko Nakao/Getty Images)Yuriko Nakao | Getty Images News | Getty ImagesThey might be made of the hardest material on earth, but diamonds, with their complex supply chains and expensive price tag, are particularly fragile to U.S. President Donald Trump’s aggressive tariff agenda. The precious mineral is facing a baseline 10% import duty to the U.S. — a market accounting for over half of the global demand for polished diamonds. The sector is also bracing for additional duties should Trump’s 90-day pause come to an end with…

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