Axios

Tropical Storm Bertha made landfall around 2pm Wednesday in St. Bernard Parish.

Why it matters: The worst of the storm stayed offshore, and Louisiana officials called the preparation work a good "dry run" for the rest of hurricane season.

Long before companies like Waymo, Tesla or Uber announce robotaxi deployments, they're competing behind the scenes to lock up the best sites for AV maintenance depots and charging hubs.

Why it matters: Deploying a fleet in a new city is the easy part. Building out the necessary infrastructure to support it can take three years or more, and requires plenty of capital.

Tesla's second-quarter earnings report will provide insights into the state of the core business — but it's the company's future that investors will be focused on more than ever.

Why it matters: After the SpaceX IPO, investors are watching closely for any signs that Elon Musk plans to merge Tesla with SpaceX or keep it independent.

• "The stock is increasingly being valued on robotaxi and humanoid developments rather than core auto fundamentals — with a potential SpaceX acquisition adding a premium to our valuation," wrote Tom Narayan, global autos lead equity analyst at RBC Capital Markets.

The Trump administration said Monday that it will impose an additional 50% tariff on certain Canadian goods — including hockey sticks, wine and cement — accusing Canada of discriminating against U.S. exports.

Why it matters: The move ratchets up tensions in an increasingly bitter trade dispute between two of the world's closest economic partners.