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BBCNEWS Asia Business Report June 4, 2024 00:31:00

Results missed market expectations. delayed results, a missed market expectations. teslas income and earnings fell by more than 20% in this past quarter compared to the same time last year. it is a big number, but not totally unexpected because the company has been slashing prices of its top selling vehicles over the past year. samira hussain has more from new york. bringing in 20% less income is, well, not good. what helps the electric car maker, however, is that it warned wall street this was ...
Market Expectations Didn T Car Maker Samira Hussain New York Wall Street

BBCNEWS World Business Report June 4, 2024 04:41:00

To the us now, where electric car maker tesla says profits fell by almost a quarter in the past three months. tesla is selling many more cars, deliveries were up by around a third as the move to zero—emissions driving gathers pace. but its also facing much more competition as rival car companies roll out their own electric models. and that is forcing it to cut prices as our correspondent samira hussain reports from new york. bringing in 20% less income is not good, what helps the electric car ...
Rival Car Companies Electric Car Maker Car Maker Samira Hussain New York Didn T

BBCNEWS Asia Business Report June 4, 2024 23:32:00

Gotten smaller.— margins on each car sold have gotten smaller. lets stay with the car sector _ gotten smaller. lets stay with the car sector because - gotten smaller. lets stay with the car sector because jaguarl the car sector because jaguar land rover are investing $90 billion to ramp up its production. the investment will be made over a quarter of five years in the plan includes churning the hail would plant to the uk into in all electric manufacturing facility. the british luxury car maker...
Car Sector Smaller Margins Jaguar Land Rover 90 Billion 0 Billion Car Maker

BBCNEWS Asia Business Report June 4, 2024 23:31:00

By more than 20% in this past quarter compared to the same time last year. it is a big number but not totally unexpected because the company has been slashing prices of its top—selling vehicles over the past year. top-selling vehicles over the past year-— top-selling vehicles over the ast ear. �* :: , ,, past year. bringing in 20% less income is _ past year. bringing in 20% less income is well, _ past year. bringing in 20% less income is well, not _ past year. bringing in 20% less income i...
Didn T Car Maker Wall Street Borrowing Costs Price Cuts Car Market

BBCNEWS Asia Business Report June 4, 2024 00:33:00

Traders would be worrying about that rhetoric. an? traders would be worrying about that rhetoric.— that rhetoric. any bright spot in our that rhetoric. any bright spot in your view? _ that rhetoric. any bright spot in your view? i _ that rhetoric. any bright spot in your view? i think - that rhetoric. any bright spot in your view? i think there i in your view? i think there are. i think— in your view? i think there are. i think we _ in your view? i think there are. i think we still- in your ...
Rate Cycle Jay Powell Peter Mwai Elon Musk Speaking Signs Car Maker

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BBCNEWS World Business Report June 4, 2024 13:40:00

Toyota is planning to launch ten new battery powered cars over the next three years. the worlds biggest car—maker has been criticised for being too slow in embracing electric vehicles. it and its luxury brand lexus have just three models and sold fewer than 25,000 last year. back here in the uk, millions of new banknotes featuring the image of king charles are being made and the bbc has been given exclusive access to the printing process. the portrait is the only change to existing designs of ...
Car Maker Printing Process Bank Of England Cost Of Living Correspondent Kevin Peachey 6 Million

BBCNEWS Talking Business June 4, 2024 00:43:00

The problem is, the uk is equally conditioned by the international rules—based system, and so we already have the eu actually bring in the uk consultations, and the wto, because of its low carbon subsidies, so the uk has as much to worry about by these rules as any other country and again, the uk hasnt got the resources that the us has. in terms of the industry, maybe it is more about new tech rather than focusing on electric vehicles and solar panels, which are already mature industries, mayb...
European Union United States Hasn T Electric Vehicles Solar Panels Camela Dower

BBCNEWS Talking Business June 4, 2024 02:44:00

Carbon subsidies so the uk has as much to worry about by these rules as any other country and again, the uk hasnt got the resources that the us has so in terms of the industry, maybe it is more about new tech rather than focusing on electric vehicles and solar panels which are already mature industries, maybe we need to think even further ahead of the game and look at hydrogen and further on because it does seem to be a waste of time to try to catch up with china. thank you so much. really good ...
United States Hasn T Electric Vehicles Car Maker Wayne Griffiths Let S Talk

BBCNEWS Talking Business June 4, 2024 01:32:00

And we will assess the impact on business with wayne griffith the big boss of the car—maker say yet which has just announced an electric car battery plant in spain. and later in the programme, the man behind the cinema magic. i will speak to the boss of visual effects giant frame store, sir william sergeant. i will ask him about working on the worlds biggest movies and what the future holds forfilm, tv and gaming. wherever you arejoining me from around the world, once again, a big hello and wa...
Car Maker Big Boss Dwayne Griffith William Sergeant Car Battery Plant Visual Effects

BBCNEWS Talking Business June 4, 2024 01:44:00

And the wto because of its low carbon subsidies so the uk has as much to worry about by these rules as any other country and again, the uk hasnt got the resources that the us has so in terms of the industry, maybe it is more about new tech rather than focusing on electric vehicles and solar panels which are already mature industries, maybe we need to think even further ahead of the game and look at hydrogen and further on because it does seem to be a waste of time to try to catch up with china. ...
Hasn T Electric Vehicles Car Maker

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