Amplify Energy (AMPY) has entered into a definitive merger agreement with privately held Juniper Capital to combine with certain Juniper portfolio companies which own substantial oil-weighted producing assets and significant leasehold interests in the DJ and Powder River Basins.

Oil and natural gas player Amplify Energy Corp (AMPY) shares declined over 9% on Wednesday after the company announced a merger agreement with Juniper Capital, a Texas-based energy investment firm. The deal seeks to merge Amplify with certain Juniper portfolio companies that own substantial oil-weighted producing assets and significant leasehold interests in the DJ and Powder River Basins.

The Tesla Model Y collected 50,000 orders on its debut day, the Chinese media reports, but it is still lagging far behind the Cybertruck

The new Tesla Model Y ‘Juniper’ will be built in California, Shanghai, Texas, and Berlin. The updated EV takes design inspiration from the Cybertruck and Cybercab lineup. Chinese reports state the updated Model Y has already racked up 50,

The company's Gigafactory in Brandenburg (near the country's capital in Berlin) started building the facelifted electric crossover today.