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Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected

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3 days ago

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abc13.com – AP – 2024-07-03 00:23:01

SUMMARY: Tesla’s global sales declined for the second consecutive quarter despite price reductions and low-interest financing offers, indicating weak demand for its electric vehicles. The company sold 443,956 vehicles from April to June, a 4.8% drop from the same period last year. Despite this, sales exceeded analysts’ expectations, pushing Tesla’s stock up by 10%. The EV market shows slowing growth, with Tesla facing significant competition. Most sales were from the cheaper Models 3 and Y. Analysts believe the worst may be over for Tesla, though model aging, price cuts, and Musk’s contentious actions have impacted the brand’s appeal. Tesla plans a new robotaxi reveal in August.

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Texas’ coastal emergency leaders watching Beryl closely in anticipation of tropical storm hitting Texas coast

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2 hours ago

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July 5, 2024

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abc13.com – Nick Natario – 2024-07-05 18:40:30

SUMMARY: Coastal communities in Texas, particularly and Matagorda County, are preparing for the impacts of Tropical Storm Beryl, expected early next week. Emergency leaders have activated preparation plans, anticipating strong rip currents, storm surges, flooding, and potential power outages. Despite not expecting an evacuation order, residents and tourists are urged to stay aware and prepared, especially with the influx of holiday visitors. Cruise lines like Carnival and Royal Caribbean are monitoring the situation and may adjust itineraries. Travel experts emphasize the importance of flexibility and having travel insurance during hurricane season for those in affected areas.

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Texas News

Houston western wear store, Pinto Ranch, reopens under new management after abrupt closure in June

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3 hours ago

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July 5, 2024

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abc13.com – Mycah Hatfield – 2024-07-05 17:07:44

SUMMARY: Pinto Ranch, a beloved western wear store in Houston, reopened after a sudden closure in June. The store, operating for two decades, re-welcomed customers to its Houston and Dallas locations. Former owner Guido Caranti sold the business to preserve it. COO Lamar McCubbin expressed excitement about the reopening, acknowledging past uncertainties. Customers found the store unexpectedly closed on June 17, with orders canceled without explanation after a June 7 sale announcement. The new owners plan promotional events and exclusive discounts to attract customers. Follow updates from reporter Mycah Hatfield on social media.

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Texas News

Man finishes decades-long project, a history book about Texas sheriffs, as wife’s dying wish

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5 hours ago

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July 5, 2024

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www.kxan.com – Brianna Hollis – 2024-07-05 15:09:05

SUMMARY: Ronnie Erwin, alongside his late wife Lynn, spent over 25 years compiling “Stars Over Texas,” a book detailing the history of every sheriff's office in Texas. They gathered information from libraries, archives, museums, and sheriff's offices. When Lynn was diagnosed with a terminal illness, her dying wish was for Ronnie to complete the book alone. Ronnie fulfilled her wish and now shares the book with sheriffs across Texas, dedicating it to Lynn. The Sheriffs' Association of Texas has also established the Lynn M. Erwin Memorial Award, set to be presented in July.

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