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Company retains its position as the top electric vehicle maker but shares weaken

Plus, Bluebell shuts down its activist hedge fund and an exodus plagues the London Stock Exchange

Carmaker threatened by cheaper Chinese brands, falling demand and even Elon Musk’s ‘toxic’ personality

Also in this newsletter: Trump powers ahead, audio deepfakes, snooping on remote workers

Howard Lutnick has defended the stablecoin company which has been used by gangs and US adversaries

Houston’s main utility struggles to restore service two days after storm pushed millions of households offline

Blazes driven by strong winds and unseasonably dry and warm conditions

Lone Star State’s new business court aims to be a challenger in corporate law

The FT’s Myles McCormick looks at how a fluctuating power supply, combined with the state’s low-regulation, business-friendly energy market have created ideal conditions to build battery storage sites

A series of exhibitions highlights artists from the 1960s to today