In berlin halted production. Higher interest rates, which put up borrowing costs, are also taking a toll and it has an ageing line up of vehicles. But it is the Chinese Market that investors are most worried about. Dan ives from Wedbush Securities blamed rising Ev Competition and a lingering price war for the challenges that the Company Faces in that market. The gloomy outlook, well, its driven teslas stock down roughly 30 since the start of this year. Still one bright spot it looks poised to retake the title of largest ev maker in the world from chinese rival byd, which on monday said it had sold around 300,000 evs during the quarter. They could be none of bright spot and that might help tesla and other makers of electric vehicles. Senior minister in the Indian Government in charge of a Transportation Asset the country will have no diesel or petrol vehicles in the future. But the minister didnt give any timeframe to fulfil this ambitious target, the bbc explains how challenging it wou
Have a figure of 25 , a good 2 above what they said, ford said they would go over. They said their bottom line was 23 , so what more can you tell us about the deal . This has been a can you tell us about the deal . Ti 3 has been a Nightmare Strike can you tell us about the deal . Ti 1 has been a Nightmare Strike for ford and still aunties, and it rips the band aid off and 25 originally 40 was on the table, and knock it back to the factories and Start Building the electric vehicles, and this is a pivotal time and investors will like the structure of this deal given how bad it could have been. Bad it could have been. These are lea bad it could have been. These are legacy carmakers bad it could have been. These are legacy carmakers and bad it could have been. These are legacy carmakers and yes bad it could have been. These are legacy carmakers and yes there | bad it could have been. These are. Legacy carmakers and yes there is bad it could have been. These are i legacy carmakers and yes t
Welcome to bbc news. Lets turn to the main headlines. Police in maine in the us say at least 18 people were killed in a mass shooting in the town of lewiston. The gunman is still at large. In the first Charter Flight bringing Stranded Afghan Refugees Heads to the uk after a repatriation order. More on all of those stories in a moment, the lets round up the business news. Good afternoon. ~ round up the business news. Good afternoon. , ~ ,. ,. ,. , round up the business news. Good afternoon. , ~ ,. ,. ,. , afternoon. Thank you. Great to have ou with afternoon. Thank you. Great to have you with us afternoon. Thank you. Great to have you with us here afternoon. Thank you. Great to have you with us here for afternoon. Thank you. Great to have you with us here for a afternoon. Thank you. Great to have you with us here for a quick afternoon. Thank you. Great to have you with us here for a quick look afternoon. Thank you. Great to have you with us here for a quick look at l you with us here fo
Expected to remain the cost of their product, but the entrance of new products into the fields and at 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. This comes just ahead of the ev makers Quarterly Results tonight. Our Business Reporter david wadell takes a look at what to expect. It is proving to be a tricky period for tesla. Its shares have fallen by around 40 from the beginning of the year last week its big boss elon musk told its work was able to cut their numbers by 10 . That appliesjob losses in their numbers by 10 . That applies job losses in the region of 40,000. In recent days, mr musk spent a planned trip to india this week. He was due to meet the Prime Minister Narendra Modi and revealed plans to enter the south asian market. On his social media platform, x, mr musk and they order that