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
support. i m michael smerconish in philadelphia. monday america celebrates the third ever federal holiday of juneteenth, commemorating the emancipation of enslaved african americans. as we do, the consensus among legal scholars is the supreme court will soon be ending affirmative action, at least in the context of college admissions. does that mean it achieved its purpose or we re abandoning the underlying premise? a pair of cases have been argued. we ll soon know the results. one involves harvard, the other the university of north carolina. the conventional wisdom is that race-conscious admissions will end. currently race is permitted to be a factor, meaning one factor among many to be considered as schools seek to create a diverse student body. kwoet quote teas, however, are unconstitutional. that s the bottom line after the supreme court has taken up several cases involve ing affirmative action over time. justice sandra day o connor wrote we expect 25 years from now the us
investor sing green and 2023. a well, they will be popping more champagne and the new year. hello, edward lawrence and for neil cavuto and this is a special edition of your world. a special edition with stocks with all three major aggregates surrogate with rate hikes from the fed and price hikes that had customers scrambling but with inflation grueling and a rate cut possibly coming, let s ask at the new year s money panel purely months and from portfolio wealth advisors and casper from chief market strategist and stone x, which i love that name by the way. let s start with you. where does the market go in 2024? let s will look where earnings are going. after all the estimates drop down, we still have about depending on the u.s., 10% earnings growth going into next year. so if you take away where it is now come if we can grow with another 10% of them i think we can get well into the 5,000, and maybe the end of next year. but i think we will see more up next year. just r
used to. the fork to farm summit, the prime minister at meeting stakeholders, cheaper cuts, needs must and they will be discussing how we improve food security and production. we ve also got new figues from which? that put food inflation for april at over i7% the consumer group says prices ofjuice, chocolate, water, fish, chilled ready meals and cheese are continuing to rise. the british retail consortium saying it is confident that supermarkets are doing all they can to keep food prices low. get in touch with us this morning. food prices, reality or rip off? here is the news from karishma patel. thank you. the latest figures show the number of people not working due to long term illness is at a record high. the office for national statistics also found wages are rising at their fastest rate for 20 years but that those increases are being outstripped by inflation. vodafone is to cut 11,000 jobs over the next three years which is about a tenth of its workforce. this w
viewers joining us here in the united states and all around the world. you are watching cnn newsroom and i m rosemary church. just ahead, it s victory day in russia. with the kremlin ready to display its military might, even as some regions are scaling back events, due to security concerns over the war in ukraine. a search for answers in allen, texas, as investigators try to piece together a motive for saturday s mass shooting. we re learning new details about how the rampage unfolded. plus, president joe biden will meet with congressional leadership in the coming hours, in hopes of ending the debt ceiling standoff. live from cnn center, this is cnn newsroom, with rosemary church. at this hour, russia is kicking off celebrations for victory day. a national holiday marking the defeat germany in world war ii. several regions in russia have scaled back events, amid security concerns and a lack of military equipment to display. we are expecting remarks from president vlad