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  Chip Giant AMD Warns: US Government's Export Restrictions on China Will Increase Additional Costs by $800 Million

• 【SMM Hot Rolled & Cold Rolled Production Schedule】—— Maintenance Decreased & Moderate Profits, April Hot Rolled Production Schedule Increased as Expected!

  According to the latest SMM tracking, the planned HRC commodity material production of 39 mainstream steel mills in April totaled 13.9629 million mt, an increase of 296,100 mt or 2.2% compared to the actual HRC commodity material production in March. On a daily average basis, with one fewer day in April than in March, the planned HRC commodity material production in April was 465,400 mt/day, an increase of 24,600 mt or 5.6% compared to the actual daily average HRC commodity material production in March.

• "Anti-Musk" sentiment surged! Tesla lost ground in California: EV market share fell below 50%.

  Anti-Musk" Sentiment Surges! Tesla Loses California: EV Market Share Drops Below 50% ① In California, the stronghold of the US EV market, as the "anti-Musk" sentiment continues to rise, Tesla's sales in the state have sharply declined, losing its dominant position in the state's EV market. ② According to the latest data, Tesla's Q1 registrations in California fell by 15.1% YoY, and its EV market share in the state dropped from 55.5% to 43.9% compared to the same period last year. (Cailian Press)

• Did the Tariff Stick Hit Its Own Foot? America's Largest Aluminum Producer Complains: Losses in Q1 Already Reached $20 Million

• An internal report from Tesla leaked: The star project Cybercab was collectively opposed by executives.