Page 49 - Car Maker News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Results missed market expectations. delayed results, a missed market expectations. tesla's 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 coming, so it didn't come as a complete surprise given tesla cut prices on its top selling cars sev...

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 it's 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 maker is that it warned wall street this was coming, so didn't come as a complete surprise, given t...

Gotten smaller.— margins on each car sold have gotten smaller. let's stay with the car sector _ gotten smaller. let's stay with the car sector because - gotten smaller. let's 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 is also planning for a new all electric range rover that will be due in 2025. jaguar land is own...

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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 view? i think there are. i think we still have l are. i think we still have earning season in the st...