Tesla $TSLA (+3.69%) is now significantly increasing production and saw its shares rise by five percent in pre-market US trading. However, despite these encouraging production figures, Elon Musk's company is struggling with a serious decline in sales. This is not only due to challenges in the supply chain, but is also exacerbated by worldwide calls for a boycott due to his political views. Musk, who has financially supported US President Donald Trump in the past, is also meddling in European politics. Recently, there was a public dispute between Trump and Musk, which could further exacerbate the damage to Tesla's image. It remains to be seen whether the company can reverse the decline in sales and how the market will develop in the coming months.
In Germany, Rheinmetall has $RHM (-0.81%) has opened a new plant in Weeze, which is specially designed for the production of components for stealth bombers. These parts are supplied to the US company Northrop Grumman, which represents a significant partnership for the German defense contractor. Germany recently ordered 35 of the F-35 to replace the Bundeswehr's ageing Tornado fighter jets. In the midst of geopolitical tensions, particularly due to the war in Ukraine, Rheinmetall is focusing on expanding its portfolio. Artillery, tanks, ammunition and air defense systems remain central, but the company is also expanding into new technologies such as drones, satellites and aviation technology. These strategic moves, together with the cooperation with Northrop Grumman and Lockheed Martin, are seen as crucial to Rheinmetall's future competitiveness.
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