La vendita allo scoperto per Magnite dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Magnite. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Magnite (NASDAQ:MGNI) Azioni, Report sulle vendite allo scoperto

MAGNITE INC

Magnite

Magnite Inc is one of the supply-side platform providers, or SSP, in online advertising. The firm generate its revenue from the programmatic sale of CTV ad inventory, from mobile online sites and apps, and the remaining from websites accessed via computer.

Macro Economic Events

News

Econ #s

Economics

France Harmonised Index of Consumer Prices (MoM) For June 0.4% Vs. 0.4% Est.; -0.2% Prior

France Consumer Price Index (MoM) For June 0.4% Vs. 0.3% Est.; -0.1% Prior

PAAS

Reported Earlier, MAG Silver Corp. Shareholders Approve Acquisition By Pan American; TSX And NYSE Listings To Be Delisted Post-Closing

Reported Earlier, Toronto-Dominion Bank To Issue AUD 30M Fixed-to-Floating Subordinated Debentures Via London Branch For Tier 2 Capital Use

HAFN

Hafnia Secures Seven-Year $715M Loan Facility With 11-Bank Syndicate To Refinance Debt And Strengthen Growth Positioning

Faraday Future Intelligent Electric Inc. - Class A Common Stock

FFAI

Reported Earlier, Faraday Future Teams With Stockperks To Reward Investors With FX Super One Perks, Launches 7-Day Countdown To Global Reveal Event

President&nbsp;Donald Trump&nbsp;has hinted at a significant announcement regarding the United States&#8217; stance on Russia, amid the ongoing conflict with Ukraine.
What Happened: Trump expressed his disappointment with Russia&#8217;s actions in Ukraine. He hinted at a major announcement on Russia, scheduled for Monday, without providing further details, in an <a href="https://www.nbcnews.com/politics/donald-trump/trump-tariffs-inflation-hasbro-ukraine-patriot-missiles-nato-russia-rcna218125">interview</a> with&nbsp;NBC News.
"I'm disappointed in Russia&#8230;.I think I'll have a major statement to make on Russia on Monday," stated Trump without elaborating on details.
Trump also disclosed a new agreement between the U.S., NATO, and Ukraine for the supply&nbsp;of U.S. weapons to Ukraine. Under this deal, NATO will purchase the weapons from the U.S. and then provide them to Ukraine, covering the full cost.
It remains unclear whether Trump&#8217;s statement alludes to a recent proposal in which some NATO members might buy U.S.-made weapons for Ukraine, thereby shifting the financial burden away from the United States. This week, Trump resumed U.S. weapons shipments to Ukraine after a delay by the Defense Department earlier this month.
Trump has openly criticized Russian President Vladimir Putin. Nevertheless, Russia launched a deadly missile strike on Kyiv on Wednesday, defying his warnings. See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46327959/xrp-spikes-3-is-a-breakout-imminent" target="_blank" rel="noreferrer noopener">XRP Spikes 3%: Is A Breakout Imminent?</a>
Why It Matters: Secretary of State Marco Rubio on Thursday expressed the United States&#8217; frustration over the lack of progress in ending the war in Ukraine during a meeting with Russian counterpart Sergei Lavrov in Malaysia, reported Reuters.
The meeting took place amid intensified Russian attacks in Ukraine and growing public frustration from Trump towards Putin. Rubio and Lavrov discussed potential new approaches to end the conflict, which Rubio plans to relay to Trump.
Meanwhile, Trump is also considering supporting a bill that would impose steep sanctions on Russia, including 500% tariffs on nations that buy Russian oil, gas, uranium, or other exports. The Trump administration has been engaging with the U.S. Senate on this bill, indicating a potential escalation in the U.S.&#8217;s response to the ongoing conflict.
Separate reports indicate that China has <a href="https://www.benzinga.com/news/politics/25/07/46268640/china-expresses-concern-to-eu-over-russias-potential-defeat-in-ukraine-conflict-amid-fears-that-trump-would-do-this-report">expressed concern</a> to the EU that if Russia stands to lose in the Ukraine war, Trump might shift his entire focus to Beijing and its affairs. According to some, although China is not directly involved in the war, its ongoing nature may benefit Beijing's strategic interests as long as the U.S. stays involved in Ukraine.
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46310210/us-tech-russian-weapons-how-our-chips-power-putins-war">US Tech, Russian Weapons: How Our Chips Power Putin&#8217;s War</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Trump To Make A 'Major Statement' On Russia On Monday Amid Escalating Ukraine Conflict: 'I'm Disappointed...'

CIVB

Reported Earlier, Civista Bancshares Prices $70M Public Offering Of 3,294,120 Common Shares At $21.25 Each, With Option To Upsize To $80.5M

Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google division will heavily discount cloud computing services for the U.S. government as the Trump administration pressures technology giants to slash prices on lucrative federal contracts worth more than $20 billion annually.
What Happened: The agreement follows Oracle Corp.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) precedent-setting deal that included 75% discounts on some software contracts and substantial reductions on cloud computing services. A senior General Services Administration official <a href="https://www.ft.com/content/f4b6e155-8f2e-4486-8811-aaaa6158228a">told</a> the Financial Times that Google&#8217;s cloud contract is likely &#8220;to land in a similar spot,&#8221; with finalization expected within weeks.
Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Azure and Amazon.com Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Amazon Web Services are expected to follow with equivalent discounts, though negotiations remain less advanced than with Google, according to the GSA official. &#8220;Every single of those companies is totally bought in, they understand the mission,&#8221; the official said. &#8220;We will get there with all four players.&#8221;
The four cloud providers account for the bulk of the government&#8217;s annual $20 billion cloud services spending. President Donald Trump&#8216;s administration is attempting to slash IT procurement costs as part of the Department of Government Efficiency initiative, previously led by Elon Musk.
See Also: <a href="https://www.benzinga.com/markets/tech/25/07/46359669/teslas-annual-shareholder-meeting-set-for-november-6th-dan-ives-says-elon-musks-pay-package-in-the-spotlight">Tesla&#8217;s Annual Shareholder Meeting Set For November 6th, Dan Ives Says Elon Musk&#8217;s $56 Billion Pay Package &#8216;Will Be The Focus&#8217;</a>
Why It Matters: Oracle&#8217;s recent agreements could <a href="https://www.benzinga.com/markets/equities/25/07/46335864/oracle-stock-gains-as-30-billion-ai-cloud-deals-mark-pivotal-moment-in-race-against-rivals-jefferies-calls-it-a-hyperscale-leap-amid-trump-backed-stargate-push">generate over $30 billion in yearly revenue by fiscal 2028</a>, according to regulatory filings. Jefferies analysts called the deals a &#8220;pivotal moment&#8221; in Oracle&#8217;s transition to hyperscale cloud status, positioning the company to double its remaining performance obligations while accelerating revenue growth.
Tech leaders, including Meta Platforms Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Mark Zuckerberg and Google&#8217;s Sundar Pichai have courted Trump, <a href="https://www.benzinga.com/government/regulations/25/01/43085323/trump-sworn-in-as-47th-president-declares-golden-age-of-america-begins-right-now">appearing at his inauguration</a> and ending diversity programs. Amazon&#8217;s Jeff Bezos has <a href="https://www.benzinga.com/markets/tech/25/06/46107959/jeff-bezos-and-blue-origin-engaged-with-trump-administration-for-government-contracts-amid-elon-musks-rift-with-the-president-report">worked to rebuild relationships</a> after Trump&#8217;s first term saw AWS lose the $10 billion Joint Enterprise Defense Infrastructure contract to Microsoft in 2019.
Oracle founder Larry Ellison has formed close ties with Trump, participating in TikTok <a href="https://www.benzinga.com/tech/25/01/43118289/trump-open-to-elon-musk-or-larry-ellison-buying-tiktok-calls-us-permit-key-to-1-trillion-valuation">acquisition talks and the $100 billion</a> Stargate AI data center project alongside OpenAI.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46359878/cathie-wood-continues-to-back-tesla-as-investors-panic-amid-elon-musks-return-to-politics-calls-robotaxi-bet-a-trillion-dollar-opportunity">Cathie Wood Continues To Back Tesla As Investors Panic Amid Elon Musk&#8217;s Return To Politics: Calls Robotaxi Bet A Trillion-Dollar Opportunity</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: JHVEPhoto / Shutterstock.com

Politics

ADBE

AMZN

GOOG

GOOGL

MSFT

ORCL

Trump Pushes Google, Amazon, Microsoft To Cut Cloud Prices: $20 Billion IT Budget On Chopping Block As Oracle Sets Precedent: Report

Macro strategist&nbsp;Raoul Pal&nbsp;predicted &#8220;insane&#8221; demand for the blockchain space on Thursday, foreseeing cryptocurrency becoming a $100 trillion asset class over the next 6-8 years.
What Happened:&nbsp;In an X post, Pal emphasized the untapped demand for blockchain space from traditional finance and the potential of the stablecoin space <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45604556/scott-bessent-forecasts-stablecoins-increasing-appetite-for-us-treasuries-by-trillions-promises-highest-regulatory-standards-for-dollar-pegged-cryptos">to unlock trillions in value</a>.
&#8220;I don&#8217;t think anyone realizes the insane demand for block space coming from TradFi&#8230; stablecoins TAM is in the many $ trillions and volumes a massive multiple of that&#8230;. and that&#8217;s just the start,&#8221; the former&nbsp;Goldman Sachs&nbsp;executive said.
Pal also said that the impending demand from <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46290395/why-tokenization-could-outgrow-bitcoin-cryptos-biggest-success-story">Web2 to Web3 conversion</a> would further drive up demand for blockchain rails.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I don&#39;t think anyone realizes the insane demand for block space coming from TradFi&#8230; stablecoins TAM is in the many $ trillions and volumes a massive multiple of that&#8230;. and that&#39;s just the start. Oh, and that doesn&#39;t include the Web3 demand from web2 conversion that will…
&mdash; Raoul Pal (@RaoulGMI) <a href="https://twitter.com/RaoulGMI/status/1943436867996676133?ref_src=twsrc%5Etfw">July 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46278850/bonk-surges-58-in-7-days-why-is-it-outperforming-dogecoin-shiba-inu" target="_blank" rel="noreferrer noopener">Bonk Surges 58% In 7 Days: Why Is It Outperforming Dogecoin, Shiba Inu?</a>
Pal labeled cryptocurrency as the &#8220;biggest macro trade&#8221; and projected the space to be worth $100 trillion in the next 6 to 8 years.
Why It Matters:&nbsp;Narratives surrounding stablecoins and asset tokenization have been gaining traction lately. 
Treasury Secretary&nbsp;Scott Bessent said previously that stablecoins will unlock <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45604556/scott-bessent-forecasts-stablecoins-increasing-appetite-for-us-treasuries-by-trillions-promises-highest-regulatory-standards-for-dollar-pegged-cryptos">trillions of dollars in demand for U.S. treasuries</a> in the near future. Similarly, Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) launched <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46186180/raoul-pal-says-robinhood-letting-users-trade-openai-spacex-through-blockchain-is-democratization-of-finance-end-of-public-vs-private-markets-has-begun">tokenized stock offerings</a>&nbsp;last month, allowing users to gain exposure to U.S. private companies such as&nbsp;SpaceX&nbsp;and&nbsp;OpenAI.
Pal&#8217;s forecast aligns with his previous statements on the future of cryptocurrency. In May, he suggested that crypto was entering <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45495547/bitcoin-pulls-back-but-raoul-pal-says-were-entering-phase-2-of-the-banana-zone">&#8220;Phase 2 of the Banana Zone,&#8221;</a> a period where liquidity increases and prices accelerate after initial consolidation. This phase, according to Pal, represents the last leg of Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) bull run.&nbsp;
Price Action:&nbsp;Bitcoin soared 6% in the last 24 hours to top $118,000 for the first time, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. The total cryptocurrency market capitalization rose 6.17% to $3.68 trillion.
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46348745/crypto-users-prioritize-investment-education-over-consumption-nexo-report-finds">Crypto Users Prioritize Investment, Education Over Consumption, Nexo Report Finds</a></li>
</ul>
Photo Courtesy: sundaemorning on Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

HOOD

Raoul Pal Says No One Realizes 'Insane' Incoming Demand For Blockspace, Predicts Crypto Will Become $100 Trillion Asset Within A Decade As Bitcoin Smashes $118,000

Former Secretary of State John Kerry says fellow Democrats let the U.S.–Mexico border fall "under siege," conceding in an interview that "Trump was right" about the need to enforce immigration laws.
What Happened: Speaking <a href="https://www.bbc.com/news/articles/cr4wk52rwqpo">with</a> BBC correspondent James Naughtie, the 2004 Democratic presidential nominee said he had warned former President Joe Biden that the party had "missed&#8221; on the issue of immigration for years.
"The first thing any president should say … is, &#8216;without a border protected, you don't have a nation,'" Kerry added, lamenting that Biden was not heard often enough promising strict enforcement.
Kerry's remarks come as illegal border crossings have plunged to near-record lows during President Donald Trump's second term. U.S. Customs and Border Protection <a href="https://www.cbp.gov/newsroom/national-media-release/cbp-releases-march-2025-monthly-update">logged</a> just 7,181 Southwest apprehensions in March, a 95% drop from a year earlier under Biden. The agency reported zero migrant <a href="https://www.cbp.gov/newsroom/national-media-release/cbp-releases-may-2025-monthly-update">releases</a> in May after Trump ended most asylum processing.
See Also: <a href="https://www.benzinga.com/news/politics/25/07/46360429/mike-pence-says-trumps-tariff-escalations-with-us-allies-are-like-dismissing-your-front-line-in-a-football-game">Mike Pence Says Trump&#8217;s Tariff Escalations With US Allies Are Like &#8216;Dismissing Your Front Line In A Football Game&#8217;</a>
Asked if Trump would seize on the comments as vindication, Kerry replied, "He was right. The problem is we all should have been right."
Why It Matters: The former climate envoy said Democrats' hesitation opened a political advantage for the Republicans.
Republicans defend the crackdowns as integral to <a href="https://www.benzinga.com/news/politics/25/07/46284121/trumps-45-billion-immigration-policy-supercharges-profits-for-private-prisons-under-big-beautiful-bill">Trump's $45 billion detention surge</a> authorized in the "One Big Beautiful Bill," which also expanded private-prison profits. Democrats counter that aggressive tactics mirror the family-separation furor of Trump's first term and say Biden's <a href="https://www.benzinga.com/government/24/06/39144853/biden-to-sign-executive-order-to-limit-asylum-seekers-crossing-us-mexico-border-report">tougher stance</a> late in his presidency was already cutting crossings.
Kerry's unusually blunt critique highlights a widening Democratic anxiety that immigration remains Trump's strongest issue heading into the 2026 midterms.
Photo Courtesy: Alexandros Michailidis on Shutterstock.com
Read Next: 
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<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46359200/brazil-hits-back-at-trumps-tariff-letter-lula-says-if-hes-going-to-charge-us-50-wee-going-to-charge-him-50">Brazil Hits Back At Trump&#8217;s Tariff Letter, Lula Says If &#8216;He&#8217;s Going To Charge Us 50, We&#8217;e Going To Charge Him 50&#8217;</a></li>
</ul>

John Kerry Says 'Trump Was Right' About The Border And It Was Joe Biden That 'Missed' On Immigration Issue

HIVE

HIVE Digital Technologies Surpasses 12 EH/s, Reaches $250M Annual Run Rate As Paraguay Buildout Gains Speed And Mining Margins Expand

U.K. Trade Balance Non-EU For May -9.32B Vs. -8.65B Prior

MP Materials Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MP#NYSE">MP</a>) witnessed a surge of 2.59% in after-hours trading on Thursday, after closing the regular session at $45.23, marking a gain of 50.63%.
What Happened: The U.S. government has decided to <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46348805/rare-earths-stocks-are-moving-higher-thursday-whats-going-on">invest</a> in MP Materials, making it the company&#8217;s largest shareholder. This development has caused the company&#8217;s stock to soar by over 50.62% in regular hours trading. With a 2.59% increase, the stock climbed to $46.40 in <a href="https://www.google.com/finance/quote/MP:NYSE?sa=X&amp;ved=2ahUKEwinnIfZhLSOAxUXSmwGHdZzIJ8Q3ecFegQINxAb">after-hours trading</a>.
See Also: <a href="https://benzinga.com/crypto/25/07/46315623/anthony-scaramucci-once-slammed-dogecoin-other-memecoins-as-distraction-from-the-purity-of-bitcoin-this-is-the-stuff-that-would-aggravate-warren-buffett">Anthony Scaramucci Once Slammed Dogecoin, Other Memecoins As &#8216;Distraction&#8217; From The Purity Of Bitcoin — This Is The Stuff That Would Aggravate Warren Buffett &#8211; Grayscale Bitcoin Mini Trust (BTC) Com</a>
The investment is part of a major deal between MP Materials and the U.S. government, aimed at reducing the <a href="https://www.benzinga.com/government/25/07/46338071/mp-materials-strikes-billion-deal-with-pentagon-to-build-us-rare-earth-magnet-supply-chain">country&#8217;s reliance on China</a> for rare earths. The deal is expected to have an impact on the global rare earths market.
MP Materials is the only rare earths producer in the U.S., and the investment is seen as a strategic move to strengthen the country&#8217;s position in the rare earths industry.
Why It Matters: The U.S. government&#8217;s decision to invest in MP Materials comes as part of a series of events that have significantly impacted the <a href="https://www.benzinga.com/news/politics/25/06/45943773/us-china-trade-truce-offers-no-relief-for-defense-supply-chains-as-china-links-rare-earths-to-chip-export-curbs-report">rare earths market</a>.
Earlier in July, MP Materials <a href="https://www.benzinga.com/news/contracts/25/07/46340107/mp-materials-gets-pentagon-boost-as-us-battles-china-for-rare-earths">entered into a public-private partnership</a> with the U.S. Department of Defense to accelerate the build-out of a U.S. rare earth magnet supply chain. This move was a response to a critical vulnerability in the U.S. supply chain, caused by <a href="https://www.benzinga.com/markets/equities/25/07/46214341/china-showed-its-death-grip-on-rare-earths-during-trump-tariff-war-but-craig-shapiro-says-this-2-billion-plan-will-secure-us-supply-heres-how">China&#8217;s decision</a> to restrict the export of rare earths and related magnets.
MP Materials&#8217; <a href="https://www.benzinga.com/news/contracts/25/07/46340107/mp-materials-gets-pentagon-boost-as-us-battles-china-for-rare-earths">stock surged over 40%</a> on the day of the partnership announcement, and the company has since been on an upward trajectory.
These developments have put the spotlight on the rare earths industry and its strategic importance in global trade and security.
Price Action: According to <a href="https://www.benzinga.com/quote/mp">Benzinga Pro</a> data, MP stock closed at 50.62% higher at $45.23 per share.
Benzinga Edge Stock Rankings shows MP Materials Corp has Momentum in the 95th percentile. Here is<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> how the stock fares </a>on other parameters.
Read Next: <a href="https://benzinga.com/crypto/25/07/46267419/dogecoin-shoots-up-over-6-as-elon-musk-launches-america-party-large-transactions-spike">Dogecoin Shoots Up Over 6% As Elon Musk Launches America Party, Large Transactions Spike &#8211; Benzinga</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: T.Dallas on Shutterstock.com

Equities

Emerging Markets

Market-Moving Exclusives

After-Hours Center

General

MP Materials Trending On Pentagon Partnership — Stock Spikes After Hours

Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) India entry could finally be kicking into motion as the company will open the doors to its first showroom in the country.
Check out the current price of <a href="https://benzinga.com/quote/tsla" target="_blank" rel="noreferrer noopener">TSLA stock here</a>.
What Happened: The EV giant "will officially open its first showroom in India this upcoming Tuesday, July 15th!" said influencer Sawyer Merritt in a post on social media platform X on Thursday.
The showroom will be located in India's financial capital, Mumbai, the influencer said in the post.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">NEWS: Tesla will officially open its first showroom in India this upcoming Tuesday July 15th! The showroom is located in Mumbai. <a href="https://t.co/G0RXdgd3VK">pic.twitter.com/G0RXdgd3VK</a>
&mdash; Sawyer Merritt (@SawyerMerritt) <a href="https://twitter.com/SawyerMerritt/status/1943528575732203701?ref_src=twsrc%5Etfw">July 11, 2025</a></blockquote>
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Why It Matters: The move comes as Tesla was eyeing an entry into the Indian market for a while, but was faced with regulatory hurdles and high duties levied on luxury EV imports into the country. However, the Indian government slashed import duties from 110% to 15% on EVs priced above $35,000 in what is a boost for Musk's India ambitions. A Tesla Model Y was also <a href="https://www.benzinga.com/tech/25/04/44833951/elon-musk-led-teslas-model-y-spotted-testing-in-mumbai-ahead-of-india-debut">spotted testing in Mumbai</a>.
The company was also hiring for <a href="https://www.benzinga.com/tech/25/02/43805175/elon-musks-tesla-prepares-for-india-expansion-engineer-confirms-hiring-push-we-are-looking-for-motivated-talent-to-help-us">multiple roles in India</a> ahead of the launch. "Tesla is growing – we are looking for motivated talent to help us launch in India," Manish Bansal, an Indian origin engineer working for the company, had shared on LinkedIn.
However, the company's India <a href="https://www.benzinga.com/markets/equities/25/05/45310618/teslas-india-country-head-resigns-as-elon-musk-led-company-finalizes-launch-plans-in-worlds-third-largest-auto-market-report">head recently stepped down</a> from his role this year. Prasanth Menon, who headed the company's operations in India for four years, was instrumental in Tesla's first retail leases in Mumbai and the capital, New Delhi.
Tesla offers poor Momentum and Value, while scoring well on the Growth metric and offering satisfactory Quality. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46359669/teslas-annual-shareholder-meeting-set-for-november-6th-dan-ives-says-elon-musks-pay-package-in-the-spotlight">Tesla&#8217;s Annual Shareholder Meeting Set For November 6th, Dan Ives Says Elon Musk&#8217;s $56 Billion Pay Package &#8216;Will Be The Focus&#8217;</a></li>
</ul>
Photo courtesy: Trygve Finkelsen on Shutterstock.com

Tech

TSLA

Elon Musk-led Tesla's India Entry Kicks Off With First Showroom In Mumbai: Launch Set For July 15

U.K. Trade Balance For May -21.69B Vs. -21.10B Est.; -22.42B (Revised) Prior

Former Vice President Mike Pence says President Donald Trump's escalating tariff war risks "dismissing your front line in a football game" by alienating U.S. allies just as Washington tries to force economic concessions from Beijing.
What Happened: In a Bloomberg Television <a href="https://www.bloomberg.com/news/videos/2025-07-10/mike-pence-on-trump-tariffs-powell-israel-ukraine-video">interview</a>, Pence said Trump "is driving toward a long-term change in industrial policy" built on "permanent unilateral tariff barriers" that he, as a free-market conservative,&#8221; cannot support.
Pence then invoked former Senate Banking Chair Phil Gramm's analogy, "By going after all of your the free nations that you&#8217;re trading with at the same time that you&#8217;re trying to bring China farther along into opening markets&#8230;, he said, it&#8217;s like it&#8217;s like dismissing your front line in a football game and expecting that you&#8217;re going to take on the other side."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">"By going after all of the free nations that you&#39;re trading with, at the same time that you&#39;re trying to bring China farther along and opening markets and ending years of trade abuses, it&#39;s like dismissing your front line," <a href="https://twitter.com/Mike_Pence?ref_src=twsrc%5Etfw">@Mike_Pence</a> tells us. <a href="https://t.co/ilCJEXpqOW">pic.twitter.com/ilCJEXpqOW</a>
&mdash; annmarie hordern (@annmarie) <a href="https://twitter.com/annmarie/status/1943397557855522979?ref_src=twsrc%5Etfw">July 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Pence argued the U.S. needs Japan, South Korea, Australia and the European Union "to continue to bring the kind of economic pressure on China that I believe is all President Xi and the Chinese Communist Party will respect."
See Also: <a href="https://www.benzinga.com/news/politics/25/07/46359496/elizabeth-warren-says-crypto-industry-wants-trump-to-boost-their-products-just-like-he-was-hawking-elon-musks-cars">Elizabeth Warren Says Crypto Industry Wants Trump To Boost Their Products Just Like He Was &#8216;Hawking&#8217; Elon Musk&#8217;s Cars</a>
He pointed to 2020's "phase-one" accord, saying Beijing negotiated only after Washington hit $250 billion in imports with duties.
Still, Pence endorses targeted pressure. "Free trade with free nations should be the backstop," he said, insisting coordinated allied action proved effective before and can again. The Trump campaign defends the duties as leverage to <a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46338641/ray-dalio-says-trumps-tariffs-are-theoretical-warns-they-may-not-bring-manufacturing-back-to-us">repatriate manufacturing</a> and shrink trade gaps, but Pence remains unconvinced.
Why It Matters: The former vice president's critique comes as Trump readies a new round of tariffs that could <a href="https://www.benzinga.com/news/politics/25/07/46263399/trump-says-us-will-raise-tariffs-to-up-to-70-as-july-9-deadline-looms">reach 70% on certain imports</a>, a shift Pence warns would ultimately harm the American economy and consumers.
Pence's break with his onetime running mate has grown sharper. In May, he <a href="https://edition.cnn.com/2025/05/05/politics/january-6-pence-trump-tariffs-russia">told</a> CNN the tariff agenda "may cost U.S. families $3,200 a year." The Daily Beast later quoted him as <a href="https://www.thedailybeast.com/pence-promises-americans-will-pay-for-trumps-tariff-chaos/">saying</a> Americans, not foreign suppliers, "will pay" for "tariff chaos." 
Pence also urged Congress to <a href="https://www.benzinga.com/25/05/45687265/trumps-former-vp-mike-pence-urges-congress-to-take-immediate-steps-to-reclaim-its-constitutional-authority-on-tariffs">reclaim its constitutional power</a> to levy tariffs, arguing that President Trump cannot legally impose blanket import duties without legislative approval.
Photo Courtesy: The Old Major on Shutterstock.com
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Mike Pence Says Trump's Tariff Escalations With US Allies Are Like 'Dismissing Your Front Line In A Football Game'

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