UAE SAYS CLAIMS REGARDING RESIDENCY STATUS OF IRANIANS IN THE GULF COUNTRY ARE 'INACCURATE'

Tesla Inc. reported first-quarter deliveries of 358,023 vehicles, missing expectations of about 372,160 and marking a second straight miss. It was one of the company’s weakest quarters in years amid a tougher EV market. Deliveries rose 6.3% from a year earlier despite prior disruptions and backlash against CEO Elon Musk. Shares fell 3.6% premarket, extending a 15% decline this year and a 22% drop from December’s peak.

The Ministry of Commerce, along with other agencies, is increasing frozen pork reserves to stabilize the market. It will continue monitoring market trends and manage reserves to ensure stability, according to statement from the ministry.