Despite its strong position in the EV market, Tesla is only the fourteenth largest auto manufacturer.

Oil prices are extending their decline amid rising expectations that OPEC+ will increase its output at a time of growing concern over higher supply.

Although the JOLTS data is lagging, it remains a key indicator for the Federal Reserve and aligns with the softening demand reflected in recent downward payroll revisions.

The Pound Sterling trades broadly stable against its peers after BoE members' speeches before the Treasury Committee.