Different price points could threaten to give apple a run for its money. Meanwhile, teslas shares hit a 15 month low in the Monday Trading Session on wall street, after the Company Announced price cuts for its cars in several key markets. It also lowered the price of its premium driver all this comes just ahead of the ev maker s Quarterly Results tonight. 0ur Business Reporter david wadell takes a look at what to expect. Its proving to be a tricky period for tesla. Its shares have fallen by around 40 since the beginning of the year. And last week its big boss, elon musk, told us workforce he would cut their numbers by 10 . That impliesjob losses in the region of 14,000. In recent days, mr musk postponed a planned trip to india. This week, he was due to meet the prime minister, Narendra Modi and reveal plans to enter the south asian market. On his own social media platform, x, mr musk revealed that unfortunately very heavy tesla obligations require the visit to india be delayed, but he
Its high Interest Rates. North America Business correspondent Erin Delmorejoins Me now. Good to see you. Put a bit of contact around the numbers for us. Sure, so this is not the Inflation Report a lot of people were looking for because remember, we saw hotter than expected Inflation Injanuary and february today we see that data again in march. And not only is it higher than expected, but we are seeing this trend upwards. And thats not what the fed wants to see when they talk about Cutting Confederates Interest Rates this year. The expectation when wrapping up year. The expectation when wrapping up 2023 was we could see as many as three Interest Rates cuts this year, as soon asjune. But when you see inflation is sticky and persistent as we see in the data, that becomes harder to envision, and indeed when this came out at 8 30am est today, you saw the expectations for that june Interest Rates cut drop. find june Interest Rates cut drop. And how does that june Interest Rates cut drop. An
in france in the first round of parliamentary elections. the election, called to widespread surprise by president emmanuel macron, has thrown french politics into disarray. support for the anti immigration and eurosceptic national rally party has surged despite president macron s pledges to stop its rise. the far right national rally is widely expected to come in first place. in the 577 member national assembly, pa rliament s lower house. but it remains unclear if the party will secure an outright majority. the shape of the new parliament will become clear after the second round of voting onjuly 7. i am joined by prof jonah levy, vice chair of the department of political science, specialising in french and west european politics at the university of california, berkeley. thank you forjoining us. first of all, remind us, why did president emmanuel macron call this snap election? this snap election? president emmanuel this snap election? president emmanuel macron this snap
officials are calling this an act of terror. what do you make no just from the details act of terror. what do you make no just from the details we have and that these are taxpayer in russia? obviously there is a taxpayer in russia? obviously there is a lot taxpayer in russia? obviously there is a lot we taxpayer in russia? obviously there is a lot we do taxpayer in russia? obviously there is a lot we do not - taxpayer in russia? obviously there is a lot we do not know, but it fits a pattern of attacks we have seen, including last year by jihadists attacks we have seen, including last year byjihadists linked to the islamic state, which is probably the islamic state khorasan, which is in central asia, and has carried out attacks in moscow and this attacks in moscow and this attack is close to their home territory. attack is close to their home territo . ~ attack is close to their home territory- territory. we know the sites that are targeted, territory. we know the s