The Fed's Logan said Fed chair Kevin Warsh, like former chair Powell, has shown deep dedication to the Federal Reserve.

PBOC conducted CNY 626 billion of 7-day reverse repos today; bids and allotments both CNY 626 billion. Operation rate 1.40%, unchanged.

Tesla said on its official Weibo it has upgraded home‑charger installation standards, requiring PVC conduit of GY305 or higher, phasing out light thin‑wall pipe and setting at least medium‑strength as the entry standard. Price moves: third‑generation home‑charger service pack (single‑phase) cut by 601 yuan to 4,599 yuan; third‑generation single‑phase bare pedestal reduced by 200 yuan to 2,599 yuan. Eighteen installation add‑on fees—including wall penetrations, posts/protection boxes, installation and grounding‑rod work—were also reduced, averaging about a 37% cut.