00:00 Speaker A
Tesla, that stock rising following a social post from CEO Elon Musk. Musk posting on X that the company’s Austin, Texas Robotaxi fleet should roughly double next month.
00:13 Speaker A
This comes after Musk’s social post over the weekend where he touted Tesla’s AI chips saying the company will build chips at higher volumes than all other AI chips combined.
00:22 Speaker A
And the Pentagon reportedly concluding that Alibaba, Baidu and BYD should be added to a list of companies that aid the Chinese military. However, it is not clear whether the companies have been formally included in the Pentagon’s list.
00:36 Speaker A
According to Bloomberg, the suggestion was in a letter to Congress sent roughly three weeks before Donald Trump and Xi Jinping agreed to a broad trade truce.
00:49 Speaker A
And lastly, shares of Deere, they’re dropping after its fourth quarter results. company topping earnings estimates, but its outlook falling short of expectations. This comes as uncertainty continues to surround the timing for recovery in the US farm economy.
01:03 Speaker A
CEO John May saying in a statement that looking ahead, they believe 2026 will mark the bottom of the large ag cycle.