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Inflation is exposing a major divide in the US economy according to Citi Retailing and Hardlines Analyst Steven Zaccone, He joins Bloomberg Open Interest to explain why wealthy consumers keep spending while lower-income shoppers struggle with rising gas and living costs. From Walmart and BJ's to Williams-Sonoma and AutoZone, we look at the retail winners and losers in today's "K-shaped" economy.

Connexion Mobility (ASX:CXZ) entered into a definitive agreement to acquire 100% of the assets of Hallam Road Automotive.

MaxiPARTS (ASX:MXI) issued a trading update, reporting that global geopolitical headwinds have slowed recent activity.

US Ambassador to the EU Andrew Puzder says President Donald Trump could go ahead with a 25% tariff on European cars and trucks "relatively soon" if there is no progress on the bloc's ratification of a a trade deal that the two sides initially reached last July. Puzder talks with Bloomberg's Oliver Crook in Brussels.

Ford CFO Sherry House discusses first-quarter earnings, SUV and pick-up truck sales amid higher gas prices and the automaker's full-year outlook on "Bloomberg The Close."

Ross Gerber, co-founder and CEO of Gerber Kawasaki Wealth and Investment Management, says consumers have to be "crazy" to not want to drive an electric vehicle as oil prices surge while reacting to Tesla's latest earnings report on "Bloomberg The Close."

The Westly Group founder Steve Westly, a former Tesla board member, reacts to Tesla's first-quarter earnings that beat Wall Street's estimates on "Bloomberg The Close."

Rivian's new R2 model has begun rolling off the manufacturing floor in Normal, Illinois, despite damage to the factory from a tornado over the weekend. The smaller, more affordable SUV is seen as crucial to driving profitability for the electric vehicle maker. Rivian CEO RJ Scaringe joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Renault CEO Francois Provost discusses the company's engineering transformation and plans for the Indian market. "Now it's time to boost up again outside Europe," Provost tells Bloomberg. "India is my first priority," he adds. The carmaker CEO also discusses engineering transformation, which he calls the company's "biggest challenge." He speaks with Bloomberg's Alisha Sachdev.

Rolls-Royce's CEO Chris Brownridge reveals how an ultra-limited luxury car is really about something deeper than wealth: exclusive experiences, extreme personalization, and a new era of luxury where scarcity and storytelling matter just as much as the vehicle itself. Project Nightingale is estimated to cost $3.5 million, and only 100 will be made.