QtrendsTesla crash into Texas home triggers federal probe
A Tesla Model 3 crashed into a Texas home, killing a 76-year-old resident, prompting a federal investigation by U.S. authorities. The incident has drawn attention to ongoing safety concerns around Tesla's autonomous driving features. The National Highway Traffic Safety Administration is leading the probe alongside local law enforcement.
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US opens probe of fatal Tesla crash into Texas home
(Nikkei Asia)
Chinese electric vehicle manufacturers, led by brands like Zeekr, are increasingly targeting Europe's luxury car segment. Zeekr executives say Chinese carmakers have a competitive edge in meeting demand for high-end electric vehicles. The push signals a broader shift in the global automotive landscape as Chinese EVs gain quality recognition worldwide.
Iran has renewed claims of closing the Strait of Hormuz, though few ships were using the waterway even before the announcement. The buildup of marine growth on vessels—150,000 square feet of barnacles and sea gunk—highlights the prolonged disruption. The strait's future remains uncertain even as some ships cautiously resume transit.
Alan Greenspan, who led the U.S. Federal Reserve for nearly two decades, has died at 100 at his home in Washington. His tenure shaped modern monetary policy and was marked by both acclaim and later criticism after the 2008 financial crisis. Tributes and retrospectives are pouring in from across the political and financial spectrum.
Markets and media are reexamining Alan Greenspan's legacy, from the 'Greenspan put' that protected markets to accusations of contributing to the 2008 financial crisis. Once celebrated as the greatest central banker in history, his reputation was later tarnished by the worst financial crisis since the Great Depression. The debate over whether he was a maestro or a meddler continues.