00:00Tesla's monthly European sales slashed by almost half in April. The electric car giant sold just
00:06over 7,000 vehicles, a dramatic drop from about 14,000 a year earlier. This is the overall EV
00:13market increased by 34% in the same time frame. It's no secret the company has taken a hit
00:18recently, critics citing CEO Elon Musk's active role in the government as one reason. However,
00:24outdated vehicle lineup and increasing competition from China have also played a role.
00:30In a significant move for the cryptocurrency and fintech sector, stablecoin giant Circle
00:36Internet Group has filed for an IPO on the New York Stock Exchange. The company, which will trade
00:41under the ticker CRCL, is looking to raise up to $250 million. Shares are expected to price between
00:48$24 and $26 a piece. Circle is the issuer behind the widely used USDC stablecoin. This could be
00:56considered the highest anticipated crypto IPO since Coinbase's launch back in 2021.
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