more than 80% up on the year before. ofjune, hitting 460,000 cars it s now well on its way to its goal of 1.8 million for 2023. the rise came after tesla cut prices in the us, uk and china, in a bid to boost sales and compete with rival manufacturers. jim holder is an automotives expert and joins me now. good to see you. it seems that cutting the price of something it means demand goes up. it is not rocket science, but it is the kind of elusive sales figures that tesla has been after for a while. absolutely. this is great news for tesla, after a very hard into last year, particularly in its new chinese market, where it has been trying to push sales. but of course, pushing prices down bush s margin is done, and i think what we are all looking for is whether they can maintain profitability now. for the car industry, that has traditionally been a huge problem. pushes margin down. it s caught everyone by surprise, but everyone is watching very closely now, but sales figures
and over in china their indicator on manufacturing is also due out today. it covers small and medium sized companies which should give us insight into how china s public sector is doing. private sector. on tuesday australia s central bank will be meeting and investors will be watching to see if authorities will hold steady or hike the cost of borrowing because of inflation concerns. earlier, i spoke to peter maguire of xm.com and he said he expected to see movement from tokyo on the japanese yen. i think there would not be surprise. they have done it in the last matter of six or eight months as far as intervention when it approaches the 145 150 sort of handle, so, yes, we won t be surprised to see intervention sometime injuly. where you are, australia s central bank will be meeting this week as well. it is kind of a tricky balancing act for them, isn t it, dealing with inflation, whether or not to raise interest rates? what are you expecting? well, exactly right. i mean, yo
it covers small and medium sized companies which should give us insight into how china s public sector is doing. 0n china s public sector is doing. on tuesday australia central bank will be meeting and investors will be watching to see if authorities will hold steady or hike the cost of borrowing because of inflation concerns. earlier, ispoke borrowing because of inflation concerns. earlier, i spoke to peter maguire of xm.com and he said he expected to see movement from tokyo on the japanese yen. i movement from tokyo on the japanese yen- japanese yen. i think there would not japanese yen. i think there would not be japanese yen. i think there would not be surprised. - japanese yen. i think there i would not be surprised. they had done it in the last six or a months as far as intervention when it approaches the 145 150 sort of handle so we will not be surprised to seek intervention sometime injuly. australia central bank will be meeting this week as well. it is a tricky
and months of negotiation. and in fact, the deal was meant to expire today. they ve now got an entirely new deal which will carry them through for another nine months. and as you say, it s going to be about three billion usd, which is more than they were expecting if they d managed to negotiate the end of the last deal. so that is a relief. but at the same time, lots of analysts that i ve been speaking to have also emphasised the fact that this is reallyjust patching up just for now, it s a sticking plaster to be able to get pakistan through to the end of the year and the beginning of the next year. really crucially, at the moment, pakistan is expecting to have a general election here. now, this deal will mean that the current government can finish its term. a caretaker government can can take over. then there s an election. and then the new government, which in that election is expected to happen in october, can then start the whole process of negotiating the next deal. and
Uks City Of Culture. And matt has the weather. Good morning. The extended weekend will be a little bit on the cool side, with the clouds they are, and some rain here as well. There will bea some rain here as well. There will be a decent amount of dry and sunny weather to go with it. I will have your full easter forecast in around about 15 minutes. Good morning. First, our main story the us military have dropped the biggest Non Nuclear Weapon ever used in combat, in afghanistan. President trump described the mission, to destroy a series of Underground Caves thought to have been used by so called Islamic State, as a very Successful Mission. 0ur North America editor john sopel has more. This is the gbu as, also known as a moab, a massive 0rdnance air blast, or as it is more commonly known, the mother of all bombs. The largest Non Nuclear Weapon ever deployed. The target so called Islamic State in afghanistan. We targeted a system of tunnels and caves that isis fighters used to move around