June 2025– Major Issues in South Korea 1. Politics | 2. Economy & Industry | 3. Culture | 1. Politics – Final Stretch of Presidential Race & Constitutional Reform Proposals With the early presidential election set for June 3, the political landscape in South Korea is filled with tension. The main contenders, Lee Jae-myung (Democratic Party) and Kim Moon-soo (People Power Party), are intensifying nationwide campaigns. Lee proposed a constitutional amendment that mandates National Assembly approval within 24 hours if martial law is declared by the president. This reflects concerns over potential abuse of emergency powers and seeks to strengthen democratic oversight. Meanwhile, Starbucks Korea made headlines for banning customers from using presidential candidate names on name stickers, citing the need for political neutrality inside stores. This unusual move by a private company reflects growing public sensitivity during the election period. 2. Economy &...
Why Is Tesla Stock Surging in 2025? The Robotaxi Boom Explained 👉 한글로 보기 (Click here for Korean version) [Company Overview] Tesla (NASDAQ: TSLA) is a leading electric vehicle and clean energy company, driven by visionary CEO Elon Musk. In 2025, its business focus has shifted heavily towards autonomous vehicles and AI-powered services. [Recent Stock Performance] From February to May 2025, Tesla stock surged from around $200 to nearly $360 , a remarkable 89% increase. This jump came despite weak European sales, driven largely by the announcement of its upcoming Robotaxi launch. [Key Catalysts] Robotaxi Launch: Tesla is launching its autonomous ride-hailing service on June 12, 2025. This marks a critical shift from EV manufacturing to AI-driven transportation platforms. Endorsements: Nvidia CEO Jensen Huang stated Tesla's Robotaxi network could be the “next trillion-dollar platform.” ARK Invest echoed this with a bold $2,600 price target by 2029. [Investor S...