Tesla Expands Robotaxi Service to Dallas and Houston
Tesla has expanded its robotaxi service to Dallas and Houston, Texas, as announced on April 18, 2026. This rollout follows the launch of the service in Austin last year and marks the company's third operational city in Texas, where it now offers unsupervised autonomous rides. Initial service areas in Dallas and Houston are limited to specific neighborhoods, with crowdsourced data indicating only one vehicle operating in each new market.
Saudi Arabia's PIF may withdraw support for LIV Golf
Saudi Arabia's Public Investment Fund (PIF), which has invested over $5 billion in LIV Golf since its launch in 2022, is reportedly considering withdrawing its financial support, raising concerns about the league's future. LIV Golf CEO Scott O'Neil confirmed that funding is secured only through the current season, while PIF's recent strategy announcement did not mention sports investments, prompting speculation about the implications for other sports backed by the fund. The potential withdrawal comes despite PIF's substantial assets of $900 billion.
Wall Street Securitizes US Oil Deals Amid Investor Demand
Wall Street is increasingly securitizing deals in the US oil sector, responding to strong investor demand for unique debt instruments backed by cash flows. This trend comes as US stock indices reached new records following Iran's announcement that the Strait of Hormuz is open for non-Iranian commercial vessels, easing energy supply concerns. WTI crude futures fell over 10% to below $84 per barrel, reflecting optimism about the easing of global energy supply disruptions.