Consumer Tech News (May 26-May 30): Germany May Impose 10% Online Platform Tax, Tesla's European Sales Slump & More

Benzinga
2025.06.01 17:25
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Germany is considering a 10% tax on major online platforms, potentially escalating trade tensions with the U.S. Tesla's sales in Europe fell 49% year-over-year in April, while JioHotstar gained 230 million subscribers in three months. Apple faces tariff threats but maintains an Overweight rating from JPMorgan. Nvidia's CEO believes Tesla's humanoid robot could lead to mass adoption. General Motors plans to invest $888 million in its Tonawanda facility. The legal battle between OpenAI and Elon Musk intensifies as OpenAI accuses Musk of fraud.