Ukraine Faces Pressure to Introduce VAT on Low-Value Imports to Secure IMF Funding 
Trump Urges Iran to Call for Talks as War Stalemate Disrupts Oil Markets 
U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds 
Gold Prices Fall as Strong Dollar and Rising Oil Prices Pressure Markets 
Dollar Strengthens as US-Iran Tensions and Central Bank Decisions Drive Currency Markets 
US Sanctions Target Iran’s Shadow Banking Network and Terror Financing 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
BOJ Holds Interest Rates at 0.75% as Policymakers Signal Growing Inflation Concerns 
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case 
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback 
U.S. and EU Strengthen Critical Minerals Partnership to Reduce China Dependence 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
Tesla has canceled the Plaid Plus version of the Model S, the most expensive variant of its flagship sedan, for being just too good, according to CEO Elon Musk.
“Plaid+ is canceled. No need, as Plaid is just so good.” Musk twitted.
The tri-motor Plaid Plus was supposed to deliver 1,100 horsepower, 520 miles of range on a fully charged battery, and acceleration from 0 to 60 mph in less than two seconds.
Like other North American automakers, Tesla has been grappling with a computer chip shortage and other supply chain issues.
In March, the price of the Plaid Plus was increased by $10,000 to bring it to about $150,000. By the last week of May, Tesla removed the option to order the Model S Plaid Plus variant from its website.
The remaining high-end version of the Model S Plaid will cost around $119,900 and feature a 390-mile range battery, with 1,020 horsepower and acceleration from 0 to 60 miles per hour in two seconds, among other features.
Tesla has been grappling with supply chain issues especially a computer chip shortage, just like other automakers.
It was forced to remove radar sensors and lumbar support from the front passenger seats in its lower-priced Model 3 sedan and Model Y crossover for customers in North America.
Tesla did not produce any of its higher-priced Model S or Model X vehicles in the first quarter, even though Musk had said production was underway in the fourth quarter of last year.
