📊 Tesla Faces California Sales Ban

December 18, 2025

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

🏦 CEO testifies on deposit insurance reform
🔋 Major energy storage project advances in Texas
🛢️ Oil and gas production stable despite price concerns
⚡ GOP Rep warns of energy grid challenges
🚗 Tesla faces sales halt in California over Autopilot
🎁 +8 more stories you might like
🏦 Community Banking Leader Advocates for Targeted Deposit Insurance Reform Link
  • Jill Castilla, CEO of Citizens Bank of Edmond, testified before Congress on deposit insurance reform.
  • Castilla emphasized the need for data-driven reform to boost confidence without burdening community banks.
  • Her testimony highlighted the role of community banks in supporting local economies during financial instability.
🔋 Peregrine Energy Advances Large-Scale Battery Storage Project in Texas Link
  • Peregrine Energy Solutions partners with Wärtsilä and WHC to advance a 500 MWh energy storage project near Dallas.
  • The Mallard project aims to enhance grid reliability and support renewable energy integration in Texas.
  • A Fortune 500 company has entered a tolling agreement to utilize the project's energy storage capabilities.
🛢 Dallas Fed Survey: Oil Production Stable Amid Price Concerns Link
  • Oil and gas production in Texas, Louisiana, and New Mexico remained stable in Q4 despite price uncertainties.
  • The survey highlighted concerns over weak oil prices and geopolitical instability affecting the sector.
  • Executives from large firms anticipate modest AI-driven cost reductions in future oil production.
⚡ Rep. Gabe Evans Warns of Energy Grid Vulnerabilities Link
  • Rep. Gabe Evans criticized aggressive green mandates in Colorado for risking energy reliability and affordability.
  • Evans emphasized the need for a balanced approach to energy policy to ensure national security.
  • The State Planning for Reliability and Affordability Act aims to strengthen grid reliability and lower costs.
🚗 Tesla Faces Potential Sales Suspension in California Over Autopilot Claims Link
  • California DMV threatens to suspend Tesla's sales license over misleading Autopilot marketing claims.
  • The suspension could significantly impact Tesla's operations in its largest US market for electric vehicles.
  • Tesla argues its advertising is protected free speech and disputes the DMV's interpretation of its marketing.

Other news & articles you might like

  • 💼 San Jose sees more tech and biotech layoffs (Link)
  • 📊 Progressive reports November 2025 results (Link)
  • 📉 Steel Dynamics issues Q4 earnings guidance (Link)
  • 📉 Nucor announces Q4 2025 earnings guidance (Link)
  • 🌞 Pivot Energy secures $225M for solar projects (Link)
  • 🌞 Texas expands clean tech with new solar plant (Link)
  • ⚖️ Firefly Aerospace investors may lead class action (Link)
  • 📈 Sibanye Stillwater gains as debt declines (Link)

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