WSJ The Wall Street Journal July 3 Full Review WSJ - Tesla Crashes, AI Threatens Half of Jobs, Trump vs Media, Trade Reshuffles

Wall Street Journal July 3rd delivers explosive coverage documenting simultaneous  upheavals across technology, employment, politics, and global trade reshaping the  economic landscape.  Tesla's Historic Collapse: Tesla suffers worst sales performance in company history  with Q2 global vehicle sales plummeting 13.5% year-over-year. CEO Elon Musk  abandons core auto business, pivoting entirely toward robotaxis and humanoid robots,  claiming potential $5-10 trillion market value increase. Analysts project 10% revenue  decline and 20% profit drop for Q2. Electric vehicle tax credits face elimination, supply  chains disrupted by trade disputes, core management team experiencing exodus. Musk  freezes $25,000 Model 2 development, focusing on steering wheel-less "Cybercab"  despite uncertain timeline.  AI Employment Revolution Accelerates: Ford CEO Jim Farley predicts AI will "replace  half of America's white-collar workers." JPMorgan Chase, Amazon CEOs echo similar  projections. Anthropic CEO forecasts 50% of entry-level jobs disappearing within 1-5  years, potentially driving US unemployment to 10-20%. Companies implementing  automated software, AI, and robotics for lean operations. Programmers, designers,  product managers, lawyers, data scientists all facing displacement. IBM CEO reports AI  already replaced hundreds of HR employees while hiring more programmers and  salespeople.  Media-Politics Collision Intensifies: Paramount Global agrees to $16 million  settlement with Trump over "60 Minutes" interview lawsuit, donating funds to Trump  Presidential Library. Settlement includes no apology but requires future interview  transcript releases. Trump threatens CNN lawsuits, calling coverage "completely illegal,"  hints at forcing journalist source disclosure. Columbia University acting president faces  resignation calls over Jewish board member criticism emails. Trump administration  cancels $400 million federal funding to Columbia, proposes consent decree for federal  oversight.  Global Trade Reconfiguration: US-Vietnam tariff agreement reached: American goods  enter Vietnam duty-free, Vietnamese goods face 20% US tariffs (down from threatened  46%). Deal addresses transshipment concerns, particularly Chinese goods routing  through Vietnam. US halts critical "Patriot" interceptor missile deliveries to Ukraine,  dealing "severe blow" to air defense capabilities against Russian strikes. Pentagon  assessment indicates Iran nuclear program setback extends two years from US facility  strikes, more conservative than Trump's "destruction" claims.  Corporate Transformation Wave: Microsoft announces 9,000 additional layoffs,  bringing two-month total to 15,000 employees, primarily affecting gaming division.  Ripple applies for national bank charter, joining crypto companies seeking mainstream  financial entry. Alibaba launches $6.98 billion stimulus program targeting Chinese  consumers. Del Monte Foods files bankruptcy as canned food demand declines post pandemic surge.  Investment Landscape Evolution: Vanguard enters private markets, partnering with  Blackstone to offer retail investors private equity access through 401(k) plans. Activist  investor Starboard builds 9%+ Tripadvisor stake after company rejected multiple  acquisition offers. JPMorgan passes Fed stress tests, approves $50 billion stock buyback  program and dividend increases.  Policy-Social Transformation: House Republicans struggle to advance Trump  domestic policy bill with narrow 220-212 majority, controversy centers on Medicaid cuts  and social safety net reductions. Federal judge blocks Trump's asylum ban for illegal  border crossers, potentially threatening immigration crackdown effectiveness. California  relaxes landmark environmental law to accelerate housing construction, exempting  urban center projects from lengthy reviews.  Market Performance: Tech stocks drive S&P 500 and Nasdaq to record highs, gaining  0.5% and 0.9% respectively. Dow slightly down 0.02%. UK bonds sold off on fiscal  concerns, pound crashes 1% to $1.36 on abandoned welfare cut plans. Oil rises $2 to  $67.45, gold gains $11.30 to $3,348.