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england boss as inflation remains stubbornly high. and turning over a new leaf. just a quarter of uk kids say they read every day. what can be done to help the industry stop this decline? let's run through the business news now. tesla has been making its annual presentation to investors in the us. the car maker has been promising details of the much cheaper next generation vehicle. we didn't get that but we got a sweeping vision from elon musk, the world's richest man again, of a future world economy powered by renewable electricity and vast amounts of battery storage that could repl...

♪ just after 8 in the morning in the united states, it is 1:00 p.m. here in london. i'm don lemon. thanks so much for joining us. we're following the pomp and pageantry in the united kingdom as king charles iii is officially proclaimed the new king of england and head of the commonwealth. a second proclamation of king charles has been read out from the royal exchange. it's all part of a shift in power in the united kingdom, the end of one reign and the beginning of the next. >> the prince charles philip arthur george is now by the death of our late sovereign of happy memory, beco...

The share price got it? the low-cost vehicle. is that why the share price got it? the get hit on this _ the share price got it? the get hit on this because _ the share price got it? the get hit on this because to - the share price got it? the get hit on this because to go - the share price got it? the get hit on this because to go to i hit on this because to go to the masses, they have 3 million, 4 million plus vehicles per year and you need a cheaper car. that is the holy grail for tesla. the foundation is there, they own the market in terms of electric vehicles. but ultimately investors want...

Utilities are primarily hardening the grid through increasing the amount of storage that you have. batteries are being installed. several thousand megawatts of batteries are being installed. and the importance there is that you actually have a lot of install capacity during the day. if you'll notice, those urging people to conserve energy occurs from 4:00 p.m. in the afternoon to 9:00 p.m. at night. and when you get towards sunset, the solar energy systems don't produce as much. and you have to have other systems throttle up. if you can store energy during the daylight hours where there's plen...