The Daily Editor

An EU parliamentary think-tank is exploring whether exchange traded funds could be used to boost the fortunes of European defence companies.

Kjeld van Wieringen,

 » Read more about: EU think-tank looks to ETFs to boost regional defence companies  »

• Tesla’s stock fell by 28% in Elon Musk’s first full month as an adviser in the White House under President Donald Trump, the biggest decline since December 2022
• The electric vehicle firm recorded a further 3% decline in the stock on Monday, bringing the company’s market capitalisation down to roughly $915 billion (KSh 118.5 trillion)
• One of the main causes of the drop was lower average selling prices for its Model 3,

 » Read more about: Elon Musk’s First Month as Trump's Adviser Marked by Tesla’s Steepest Decline Since 2022  »

President Trump told Congress Tuesday he expects “a little disturbance” as he broadens his trade war, less than a day after imposing 25% tariffs on goods from Canada and Mexico.

The president vowed to impose “reciprocal tariffs” on countries around the globe starting on April 2.

“Whatever they tariff us,

 » Read more about: Trump Foresees ‘A Little Disturbance’ as He Vows to Expand Trade War in Speech to Congress  »

Published: March 4, 2025 at 8:13 a.m. ET

 » Read more about: Nvidia’s stock is doing things not seen in nearly a decade — and that’s good news  »