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The economic shock hitting the housing market is getting bigger—6% mortgage rates look close
fortune.com/2022/06/11/housing-market-is-once-again-watching-mortgage-rates-spike/
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The economic shock hitting the housing market is getting bigger—6% mortgage rates look close
fortune.com/2022/06/11/housing-market-is-once-again-watching-mortgage-rates-spike/
Stock Market Today: Dow, S&P Live Updates for April 19: A selloff in the world’s largest technology companies hit stocks, with the industry that has powered the ...
bloomberg.com/news/articles/2024-04-18/stock-market-today-dow-s-p-live-updates
ECB Rate-Setters Agree on June Cut But Not Much Else Beyond: There’s one thing European Central Bank officials seem to agree on — that a first cut in interest ...
bloomberg.com/news/articles/2024-04-19/ecb-rate-setters-agree-on-june-cut-but-not-much-else-beyond
Bloomberg Evening Briefing: Wall Street Ends the Week in a ‘Tech Wreck’: Get caught up.
bloomberg.com/news/newsletters/2024-04-19/bloomberg-evening-briefing-wall-street-ends-the-week-in-a-tech-wreck
Israel Credit Rating Downgraded by S&P on Heightened Geopolitical Risk: Israel was downgraded by S&P Global Ratings, which joined Moody’s Investors Service ...
bloomberg.com/news/articles/2024-04-18/s-p-downgrades-israel-rating-on-heightened-geopolitical-risk
Biden’s Hot Economy Stokes Currency Fears for the Rest of World: As Joe Biden this week hailed America’s booming economy as the strongest in the world during a ...
bloomberg.com/news/articles/2024-04-19/biden-s-hot-economy-stokes-currency-fears-for-the-rest-of-world
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Macklem Sees Little Impact of Canada Budget on Fiscal Track: Bank of Canada Governor Tiff Macklem said Prime Minister Justin Trudeau’s recent budget did not ...
bloomberg.com/news/articles/2024-04-19/macklem-sees-little-impact-of-canada-budget-on-fiscal-track
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Investment Opportunities With Hot Inflation, Higher-for-Longer Interest Rates: Rising prices and high interest rates are frustrating investors ...
bloomberg.com/news/articles/2024-04-19/investment-opportunities-with-hot-inflation-higher-for-longer-interest-rates
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Wall Street Bonus Rules Return to Regulatory Agenda in Third Try: US financial watchdogs plan to take another crack at regulating Wall Street executives’ pay — ...
bloomberg.com/news/articles/2024-04-19/wall-street-bonus-rules-return-to-regulatory-agenda-in-third-try
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Latin America Sees Low-Rate Dreams Crumble, Political Woes Rise: The region that led the world into a promising cycle of interest rate cuts is warning that ...
bloomberg.com/news/articles/2024-04-19/latin-america-sees-low-rate-dreams-crumble-political-woes-rise
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Biden Trade Chief Sees Conclusion of China Tariff Review ‘Soon’: President Joe Biden’s trade chief said that she expects a conclusion on a review of tariffs on ...
bloomberg.com/news/articles/2024-04-19/biden-trade-chief-sees-conclusion-of-china-tariff-review-soon
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Wall Street Fires Up Deals for Preferred Shares With Fed on Hold: Fading hopes that the Federal Reserve will soon cut rates are prompting US banks to re-evaluate ...
bloomberg.com/news/articles/2024-04-19/wall-street-fires-up-deals-for-preferred-shares-with-fed-on-hold
Netflix (NFLX) Stock Falls as Weak Revenue Forecast Overshadow Subscriber Adds: Netflix Inc. shares tumbled the most in two years on Friday as a weak forecast ...
bloomberg.com/news/articles/2024-04-18/netflix-adds-9-33-million-customers-crushing-street-forecasts
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Electric cars, solar panels and wind turbines: dispute over China's overcapacity: Is China flooding the world with cheap solar panels, wind turbines or electric ...
nzz.ch/meinung/chinas-exporte-das-westliche-jammern-ist-scheinheilig-ld.1826559
Economists Boost US GDP Forecasts, See Fed Rates Higher for Longer: Economists once again upgraded their forecasts for US growth, spending and employment ...
trib.al/uJmLexO
Marijuana Stocks Gain Momentum on Cannabis Reform Hopes: Investors have been diving into cheap pot stocks in hopes that a change in US policy will unlock major ...
bloomberg.com/news/articles/2024-04-19/marijuana-stocks-gain-momentum-as-cannabis-reform-hopes-linger
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TDR Capital Nears Deal to Buy Billionaire’s Stake in UK’s Asda: TDR Capital is closing in on a deal to buy gas-station billionaire Zuber Issa’s stake in Asda as ...
bloomberg.com/news/articles/2024-04-19/tdr-capital-nears-deal-to-buy-billionaire-s-stake-in-uk-s-asda
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African Critical Minerals Output Could Reach $2 Trillion by 2050: Sub-Saharan Africa could produce almost $2 trillion of metals required for the energy ...
bloomberg.com/news/articles/2024-04-19/african-critical-minerals-output-could-reach-2-trillion-by-2050
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Electric Cars in Norway May Push Diesel Rivals Off Top by 2026: Norway, the pioneer in abandoning combustion-engine automobiles, may see electric cars become the ...
bloomberg.com/news/articles/2024-04-19/electric-cars-in-norway-may-push-diesel-rivals-off-top-by-2026
BofA Strategists Say Rates Jitters Are Fueling Stock Outflows: Investors are pulling money out of equities as a strong US economy and sticky inflation fuel ...
trib.al/AUNi4Ap
Hudson Bay Closes $800 Million Fund to Bet on Special Situations: Hudson Bay Capital Management has raised over $800 million to invest in so-called special ...
bloomberg.com/news/articles/2024-04-19/hudson-bay-closes-800-million-fund-to-bet-on-special-situations
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Bond Funds Dangling 5% Yields Lure Cash Back to Active Managers: Bond powerhouses including Pacific Investment Management Co., BlackRock Inc ...
bloomberg.com/news/articles/2024-04-19/bond-funds-dangling-5-yields-lure-cash-back-to-active-managers
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Israel-Iran: Another Mideast Shock for Markets: The revenge cycle shows no sign of letting up. Now, Tehran will weigh the level of escalation.
bloomberg.com/opinion/articles/2024-04-19/israel-iran-another-mideast-shock-for-markets
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Oil Poses More Risks for Yen (JPY USD) as Japan Depends on Energy Imports: As if the yen doesn’t have enough reasons to weaken, risks are emerging that higher ...
bloomberg.com/news/articles/2024-04-19/oil-poses-more-risks-for-yen-as-japan-depends-on-energy-imports
Fed Interest-Rate Cut Is Not Likely Until End of Year, Raphael Bostic Reiterates: Federal Reserve Bank of Atlanta President Raphael Bostic said he’s comfortable ...
bloomberg.com/news/articles/2024-04-18/bostic-says-fed-can-be-patient-cut-not-likely-until-end-of-year
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Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
TSMC Outlook Beats Estimates as AI Demand Helps Propel Business: Taiwan Semiconductor Manufacturing Co. expects revenue to rise as much as about 30% this quarter ...
bloomberg.com/news/articles/2024-04-18/tsmc-posts-first-profit-growth-in-a-year-after-global-ai-boom
U.K. Retail Sector Posts Weaker March Sales Than Expected: Total U.K. sales volumes were no higher in March than in February, a weaker reading than had been ...
on.wsj.com/4d0KgGJ
Moody’s Reduces Outlooks on Direct Lending Funds Managed by BlackRock, Oaktree: Moody’s Ratings this week gave private credit investors greater reason for ...
bloomberg.com/news/articles/2024-04-18/three-private-credit-funds-get-moody-s-warning-on-problem-loans
IMF Financial Stability Report: Basis-Trade Section Calls Out Funds’ Bond Wagers: A small group of funds has accumulated such large short wagers in the Treasury ...
bloomberg.com/news/articles/2024-04-18/huge-bond-wagers-make-some-hedge-funds-too-big-to-fail-imf-says
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Japan Consumer Prices Rose at Slightly Slower Pace in March: Japan’s consumer prices rose at a slightly slower pace in March due to lower energy prices but ...
on.wsj.com/3JnRU0g
Micron to Get $6.1 Billion in CHIPS Act Funding for Plants in New York and Idaho: The new fab to be built near Syracuse, N.Y., could create 50,000 jobs ...
barrons.com/articles/micron-technology-chips-act-funding-3d683fec
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Why so Many People Seem to Be Taking Adderall These Days: The forces behind this booming drug use.
bloomberg.com/news/articles/2024-04-18/why-so-many-people-seem-to-be-taking-adderall-these-days
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US Imposes Fresh Sanctions on Iran Over Israel Drone Barrage: The Biden administration imposed fresh sanctions on Iran over its April 13 strike on Israel ...
bloomberg.com/news/articles/2024-04-18/us-imposes-fresh-sanctions-on-iran-over-israel-drone-barrage
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Quick Glance: Israeli Push for Sanctions Against Iran Amid ‘Diplomatic Offensive’
- Israel has launched a “diplomatic offensive” against Iran, urging sanctions against the Islamic republic.
- Israeli Foreign Minister Israel Katz has called on 32 countries to impose sanctions on Tehran as Israel considers a military response to Iran’s attack.
- Israeli military sources reported intercepting 99 percent of aerial threats with assistance from the United States and allies, causing only minor damage.
- Tensions are high as Israel ponders its reaction to Saturday's attack while Germany calls for new sanctions related to Iran's drone supply to Russia for use in Ukraine.
US elections: Conservative revolution expected if Trump wins: In a "PRO Global" series, the NZZ wants to show what consequences a second US presidency of Donald ...
nzz.ch/pro-global/falls-donald-trump-gewinnt-ist-die-weltordnung-bedroht-ld.1825041
IMF Says Growth’s Secret Sauce Is American Catch-Up: Data from its latest World Economic Outlook suggest that the more a country’s product and labor markets ...
bloomberg.com/opinion/articles/2024-04-18/imf-says-growth-s-secret-sauce-is-american-catch-up
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Solar Groups Lobby Biden to Head Off Trade Case Over Import Tariffs: Solar developers are lobbying the Biden administration to bolster support for domestic ...
bloomberg.com/news/articles/2024-04-18/solar-groups-lobby-biden-to-head-off-sector-roiling-trade-case
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China Outweighs G-7 as Leading Driver of Global Economic Growth: China will be the top contributor to global growth over the next five years ...
bloomberg.com/news/articles/2024-04-18/china-outweighs-g-7-as-leading-driver-of-global-economic-growth
Average mortgage holder spending record $2,800 on monthly payments: The median monthly mortgage payment jumped 11% in the past year due to surging interest rates ...
businessinsider.com/mortgage-payments-housing-market-interest-rates-house-prices-sales-2024-4
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
Yuan (CNY USD) Usage Making Larger Share of International Payments, Swift Says: The Chinese yuan is accounting for a growing share of international payments ...
bloomberg.com/news/articles/2024-04-18/yuan-usage-extends-global-climb-as-euro-share-slips-swift-says
Shopper sparks outrage after 'paying $7 for a single apple:' 'What economy are we all f--king living in?'
nypost.com/2024/04/18/lifestyle/shopper-sparks-outrage-after-paying-7-for-a-single-apple/
Quick Glance: Outrage Stirred by Expensive Apple Purchase
- A Boston influencer sparked outrage by sharing that she paid $7 for a single apple at Whole Foods.
- The video clip, shared by the woman under the username @via..li, has since been deleted from her own account.
- Despite Whole Foods listing the Organic Sugarbee Apple at $3.99 per pound in most Boston zip codes, prices may vary at different outlets.
- The TikTokker claimed the apple cost $7, causing outrage among viewers, although some expressed doubts about her story.
Home Sales in March Had Biggest Decline in 16 Months: Sales of previously owned homes decreased 4.3% from the prior month to a seasonally adjusted annual rate of ...
on.wsj.com/3Q8Iqdf
A $9.5 Trillion ESG Investor Group Wants Private Market Reforms: Global ESG investors with $9.5 trillion under management say it’s time to demand more ...
bloomberg.com/news/articles/2024-04-18/a-9-5-trillion-esg-investor-group-wants-private-market-reforms
Summers: Another Trump term would bring ‘inflationary spiral,’ big deficits: Former Treasury Secretary Larry Summers warned Wednesday that a second Trump ...
thehill.com/homenews/campaign/4601150-summers-trump-term-inflationary-spiral/
Ayala’s ACEN to Spend $15 Billion to Quadruple Power Capacity: ACEN Corp., the energy unit of Philippine conglomerate Ayala Corp., expects to spend $15 billion ...
bloomberg.com/news/articles/2024-04-18/ayala-s-acen-to-spend-15-billion-to-quadruple-power-capacity
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EU to Discuss Paradigm Shift at Competitiveness Summit: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the ...
bloomberg.com/news/newsletters/2024-04-18/eu-to-discuss-paradigm-shift-at-competitiveness-summit
Banxico’s Espinosa Says It’s Too Soon for a Long Easing Cycle: Mexico central bank Deputy Governor Irene Espinosa on Wednesday said it’s too soon to talk about a ...
bloomberg.com/news/articles/2024-04-17/banxico-s-espinosa-says-it-s-too-soon-for-a-long-easing-cycle
Today’s American Dream Is Renting, Not Buying. This Expert Agrees: Some people rent because they can't afford to buy a home. Others do it simply because ...
cnet.com/personal-finance/mortgages/advice/todays-american-dream-is-renting-not-buying-this-expert-agrees/
Share Your Experience With Moving, Mortgage Rates In The US: Surveys show Americans are reluctant to move these days. Have you decided recently on a move ...
bloomberg.com/news/articles/2024-04-18/share-your-experience-with-moving-mortgage-rates-in-the-us
The U.S. housing market’s biggest headaches, in five charts: ‘The U.S. housing market is on a different planet than the rest of the world,’ IMF director says
marketwatch.com/story/the-u-s-housing-markets-biggest-headaches-in-five-charts-922d1fc7
Alpine Income Property Trust, Inc. (PINE) Q1 2024 Earnings Call Transcript: Alpine Income Property Trust, Inc. (NYSE:NYSE:PINE) Q1 2024 Earnings Conference Call ...
seekingalpha.com/article/4684763-alpine-income-property-trust-inc-pine-q1-2024-earnings-call-transcript
How mounting US debt could trigger the next financial crisis: The US debt is skyrocketing to levels not seen since World War II. Here's how this looming ...
businessinsider.com/debt-crisis-us-economy-federal-reserve-mortgages-credit-bubble-2024-4
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Home Renovations Boom Thanks to Higher US Mortgage Rates: Homeowners are staying put, and remodeling everything from bathrooms to kitchens.
bloomberg.com/news/features/2024-04-19/home-renovations-boom-thanks-to-higher-us-mortgage-rates
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Millennial buys duplex as first home, rental income helps pay mortgage: Dominique Raroha bought a duplex for her first home instead of a traditional apartment or ...
businessinsider.com/millennial-buys-duplex-first-home-rental-income-helps-pay-mortgage-2024-4
Hong Kong police officer found guilty of fraud over HK$26 million in mortgages: A Hong Kong court has found a senior police officer guilty of fraudulently ...
scmp.com/news/hong-kong/law-and-crime/article/3259706/hong-kong-police-officer-found-guilty-fraud-over-hk26-million-mortgages
Martin Lewis warns millions of UK drivers of £1,000 fines for annoying £14 rule: The Money Saving Expert founder has warned that 3.6 million UK motorists are at ...
chroniclelive.co.uk/news/cost-of-living/martin-lewis-warns-millions-uk-29024276
How to track your rent payments in Miami — which could lead to a mortgage to buy a home
miamiherald.com/news/business/real-estate-news/article287761160.html
Everything you need to know about closing a bank account in Italy: There are multiple reasons why you may want to close a bank account in Italy ...
thelocal.it/20240419/everything-you-need-to-know-about-closing-a-bank-account-in-italy
The Conners: Dan and Roseanne's Mortgage on the House Still Not Paid?: 'The Conners' Season 6, Episode 8 established that Dan is close to paying off ...
tvline.com/recaps/the-conners-dan-roseanne-house-mortgage-explained-1235201861/
Mortgage Rates Pass 7% for First Time in 2024: The average 30-year fixed mortgage rate this week was 7.1%, according to Freddie Mac.
barrons.com/articles/mortgage-rates-pass-7-percent-a68234b4
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The struggle to choose the right mortgage: As interest rates stay higher for longer, those looking to refinance face some difficult choices
on.ft.com/3JpEv7V
Revolut Ireland chief: ‘We are far better than AIB, Bank of Ireland and PTSB’: Maurice Murphy, Revolut’s country lead for Ireland, said he expected Ireland to ...
businesspost.ie/tech-news/revolut-ireland-chief-we-can-be-a-knight-in-shining-armour-for-the-mortgage-market/
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Economy Struggling With High Interest Rates and Stubborn Inflation: Reports out Thursday showed home sales declined and the economy facing some tailwinds.
usnews.com/news/economy/articles/2024-04-18/economy-struggling-with-high-interest-rates-and-stubborn-inflation
Where did South Florida homebuyers go? Sales fall by double digits in March: Miami-Dade and Broward saw an annual total home sales drop of about 15% in March ...
miamiherald.com/news/business/real-estate-news/article287773070.html
How to push for the lowest mortgage rates in a high interest rate world: Mortgage experts say it’s important to do research and negotiate on rates as there’s ...
theglobeandmail.com/investing/personal-finance/article-how-to-push-for-the-lowest-mortgage-rates-in-a-high-interest-rate/
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Mortgage rates hit five-month high, pushing monthly payment close to $3,000 for average-priced home
marketwatch.com/story/mortgage-rates-hit-highest-level-since-november-2023-33a5a659
My mortgage is so high, I’ve been forced to move to our holiday home in Portugal: When we decided to renovate a little house in a quiet village ...
inews.co.uk/inews-lifestyle/mortgage-forced-move-holiday-home-portugal-3012032
Youngkin wants to keep talking on skill games: Gov. Glenn Youngkin still has concerns about legislation to legalize skill games. He thinks an answer could come ...
richmond.com/news/state-regional/government-politics/youngkin-virginia-general-assembly-skill-games/article_cdf4ec72-fda4-11ee-a64a-8762cd3e005c.html
Equifax Stock Tumbles on Weaker Mortgage Demand. Wall Street Is Still Optimistic.
barrons.com/articles/equifax-stock-tumbles-mortgage-optimistic-a0812fd5
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Martin Lewis fan clears mortgage ten years early thanks to 'payment' rule: Mr Lewis' handy tip and trick helped a mortgage holder clear their debt a ...
birminghammail.co.uk/news/cost-of-living/martin-lewis-fan-clears-mortgage-29018079
UK rental costs rise at record 9.2% : Official figures highlight impact of higher borrowing costs on landlords and tenants
ft.com/content/5ec2740e-5c23-4440-a798-fc5198745d50
27 cities where home prices are soaring despite high mortgage rates: Homebuyers are still facing affordability issues since prices and mortgage rates are ...
businessinsider.com/real-estate-housing-market-home-prices-mortgage-rates-home-affordability-2024-4
My mother-in-law has difficulty paying off $72,000 on her home. What can we do?: ‘She can barely make her mortgage payment as all her income goes towards the ...
marketwatch.com/story/my-mother-in-law-75-has-difficulty-paying-off-her-52-000-mortgage-and-20-000-heloc-should-she-sell-her-home-or-take-out-a-reverse-mortgage-8d7a9e00
UK house prices reveal another month of growth: Where is best place to buy?: The average price of a home in the UK was £281,000 as of February ...
euronews.com/business/2024/04/18/uk-house-prices-reveal-another-month-of-growth-where-is-best-place-to-buy
Fire Sale On MBS, I'm Locking In Up To 15% Yields: The latest inflation numbers put pressure on the Fed to maintain high interest rates ...
seekingalpha.com/article/4684100-fire-sale-on-mbs-im-locking-in-up-to-15-percent-yields
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California Sees Surge in Homeowners Trying to Sell Their Houses: Listings are up in the state amid price increases, according to the California Association of ...
newsweek.com/california-sees-surge-homeowners-trying-sell-their-houses-1891502
Sustaining single-digit mortgage amid tough economic conditions: Monetary Policy Committee retained the Central Bank Rate at 13.0 per cent ...
standardmedia.co.ke/real-estate/article/2001493417/sustaining-single-digit-mortgage-amid-tough-economic-conditions
Equifax sees second-quarter revenue below estimates as rates remain high: Credit ratings firm Equifax forecast on Wednesday its second-quarter revenue below ...
reuters.com/business/finance/equifax-sees-second-quarter-revenue-below-estimates-rates-remain-high-2024-04-17/
Oxford shuts down institute run by Elon Musk-backed philosopher: Nick Bostrom’s Future of Humanity Institute closed this week in what Swedish-born philosopher ...
theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes
Tesla Recalls Cybertruck Over Faulty Accelerator Pedal—Its Worst Flaw Yet: Tesla has issued a voluntary recall for nearly 4,000 Cybertrucks because the ...
wired.com/story/cybertruck-recall-accelerator-pad-tesla/
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
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