Tesla debuted a slightly cheaper version of its Model Y crossover and Model 3 sedan on Tuesday.
Why it matters: The announcement apparently disappointed investors who were eager to see what the company had in store after it teased a product reveal.
Almost one in five U.S. homes — worth around $8 trillion — are at severe or extreme risk from hurricane wind damage, according to a Realtor.com analysis.
The analysis also found that roughly 6.1% of homes (worth around $3.4 trillion) are at severe or extreme risk of flood damage and 5.6% ($3.2 trillion) from fire.
Why it matters: Climate change is intensifying extreme weather — hiking home insurance premiums in especially storm-prone areas and driving some insurers to retreat.
Flights at major U.S. airports were delayed amid staffing issues on Monday night, hours after Transportation Secretary Sean Duffy reported an uptick in air traffic controllers calling in sick since the government shutdown began.
Why it matters: The disruptions were affecting airports in the Los Angeles-area, Newark and Denver. But there are concerns the situation could escalate like during the 2019 shutdown, when severe strains on U.S. air travel helped push President Trump to end it after 35 days.
President Trump announced the U.S. will take a 10% stake in Canadian minerals explorer Trilogy Metals and ordered the approval of a permit for a mining road in northwest Alaska.
Why it matters: Interior Secretary Doug Burgum told reporters the moves will unlock "all of the minerals that we need to win the AI arms race against China," which dominates in the processing of metals.
China's low-emissions tech exports hit fresh records in August on the strength of surging EV and battery shipments, data from the climate think tank Ember shows.
Why it matters: It's the latest sign of what some analysts call emerging divides between "electro-states" and "petro-states" — with White House policy solidifying U.S. placement in the latter camp.
