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Tesla: Tesla's profit fell 55%, adding to concerns about its strategy

Tesla's Q1 profit plummeted 55% to $1.1B, revenue down 9% to $21.3B. Layoffs of 14,000 employees amid 8.5% sales drop. Musk focuses on autonomous driving, Robotaxi, as share price surged in extended trading.

China , Elon-musk , Tesla , Profit , Sales , Electric-vehicles , Investors ,

Apple announces event on May 7 amid reports of launch of new iPads

Apple will hold an event on May 7, the company said on Tuesday, amid reports that it would roll out the long-anticipated revamped versions of iPad Pro and iPad Air next month.

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Ipsen Q1 Total-sales Up 13.3% At CER; Confirms 2024 Financial Guidance

Ipsen (IPSEY) posted sales of 822.4 million euros for the first quarter of 2024, up 13.3% at CER, or 10.9% as reported, driven by the 16.2% increase in sales of the growth platforms and the increased contributions from new medicines, while Somatuline sales declined by 1.

David-loew , Sales , Arnings , Uidance , Psen ,

KG Mobility launches renovated hybrid assembly line

PYEONGTAEK, Gyeonggi Province - KG Mobility's much-touted new assembly line that can produce both internal combustion and electric vehicles shows the direction the company is pursuing on the production side, as both remain popular at the current stage of the industry's paradigm shift.

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Croda backs FY profit guidance even as Q1 sales decline

Croda backed its full-year profit guidance on Wednesday despite a decline in first-quarter sales, as it hailed an "encouraging" start to the year for the consumer care business.

United-states , America , Steve-foots , Life-sciences , Croda , Backs , Profit , Guidance , Even , Sales , Decline , Category-all

Reckitt on track to deliver FY targets as Q1 LFL sales rise

Consumer goods giant Reckitt Benckiser said on Wednesday that it was on track to deliver its full-year revenue and profit targets as it posted a rise in first-quarter like-for-like net sales.

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Homeplus' Instant Delivery service well-received by consumers

Homeplus is promoting its Instant Delivery service for orders made in close proximity to its 310 local stores nationwide as the superstore chain has recently seen a rise in demand for its express delivery services, which sees products delivered in less than an hour, according to the company, Monday.

China , Chinese , Homeplus-expres-instant-delivery , Instant-delivery , Homeplus-expres , Homeplus-express , Sales , Delivery , Percent , Shopping , Homeplus

Despite huge discounts, EV sales are still not picking up: Report

According to reports, carmakers are unable to attract customers despite offering huge discounts on their electric vehicles. This has resulted in a rise in EV inventory, pushing dealers & carmakers

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Polaris Q1 Net Income Declines, Reiterates 2024 Sales, Adjusted Earnings Guidance

Polaris Inc. (PII) reported that its first quarter net income attributable to Polaris declined to $3.8 million from $113.4 million, last year. Earnings per share was $0.

United-states , Switzerland , China , Swiss , Nasdaq-stock-exchange , Primal-kitchen-avocado-oil , L-primal-kitchen-avocado-oil , Tesla-inc , Drug-administration , Sales , Arnings

Restaurant News Release - Restaurant News and Press Release Distribution

Restaurant News Release is in the business of restaurant news. We provide restaurants, large and small, chain and independents, an outlet for their latest news, deals, promotions, financials, investor information and more. - Part 1695

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