Democrats won control of the US House and Senate in the 2026 midterm elections held on 3 November. The party flipped seven Senate seats, including Maine, where Democrat Troy Jackson defeated incumbent Republican Susan Collins. Democrats also secured full control of state governments in Arizona, Michigan, Minnesota, Nevada, Pennsylvania and Wisconsin, and flipped at least 11 state legislative chambers. In Texas, Democrat Gina Hinojosa defeated Republican Governor Greg Abbott. House Minority Leader Hakeem Jeffries is expected to become Speaker. Election results are reported as a referendum on President Trump's performance.
Tesla
3 stories since 31 October 2026, newest first
5 November 2026
Democrats took control of both houses of Congress in the US midterm elections held on 3 Nov 2026, ending Republican control. Trump admitted part of the electoral defeat was linked to the Iran war, which has cost US taxpayers over $47 billion and killed more than 20 US servicemembers. Gas prices rose 40% because of the conflict. Trump has said he may use his veto power for a month or two before negotiating with Democratic leaders, and he has declined to rule out resuming strikes on Iran.
31 October 2026
Rivian reported third-quarter revenue of 2.155 billion dollars on 29 Oct, up 38 percent from a year earlier and above the 1.99 billion dollars analysts expected. Software and subscription services contributed 605 million dollars, up 45 percent. The company delivered 19,248 vehicles in the quarter, about 45 percent more than a year earlier, and now expects 2026 deliveries of 67,000 to 70,000. Its adjusted loss per share was 48 cents, narrower than the 62 cents expected, according to LSEG estimates. Shares rose about 7 percent in after-hours trading.