company s income and earnings both fell by more than 20% in the past quarter compared to the past quarter compared to the same period last year. it is a big number but not totally unexpected because the company been slashing prices of its top selling cars over the past year. more from new york. bringing in 20% less income is well, not good, what has helped the electric car maker is that it warned wall street this was coming. so it didn t come as a complete surprise, given tesla cut prices on its top selling cars several times last year, and in fact did it again this week. tesla is grappling with higher borrowing costs for consumers, slowing demand for their cars and so much more competition in the electric car market. the price cuts did the trick, the company saw a 36% jump trick, the company saw a 36% jump in deliveries, but the price cuts also mean that the profit margins on each car sold have gotten smaller. staying with the car sector because jaguar land rover is investin
At least eight are dead, dozens injured. Now the truck driver accused of dui and facing charges. Just out, the First Ntsb Report on that baltimore bridge collapse. What happened on that ship before impact . President biden announcing sweeping new tariffs on chinas goods, including raising the tax on their electric cars to 100 . Nbc news investigates the battle between the church and a library in a place known as the hometown of superman. And superstar Caitlin Clark making her pro debut as the new wnba season tips off. Announcer this is ester h. Nbc nightly news with lester holt. Good evening and welcome. The gloves came off today in the criminal trial of donald trump, as the defense got its chance to question former trump lawyer and fixer Michael Cohen. Trump attorney todd blanche confronting cohen with his history of lies, peppering him with questions designed to expose potential holes in his credibility, painting him as a disgruntled former Employee Bent on revenge. Cohen is a key wi
Another legal setback for hunter biden as the judge rules his federal Gun Crimes Trial will proceed as scheduled. A big primary for voters in maryland and West Virginia as republicans speak gain control of the u. S. Senate and Secretary Of State Antony Blinken visits ukraine as the u. S. Sends in more weapons. Rain showers for donald trump start the crossexamination of the key witness in the former president s criminal case. That trial of course centers on 34 case against counts on falsifying Business Records for a payment to an Adult Film Actress who alleged a sexual encounter with mr. Trump ahead of the 2016 election. This is the first ever criminal prosecution of an expresident. Former Trump Attorney and selfdescribed fixer Michael Cohen was immediately grilled on crossexamination about his often profane social media posts. Concerning his former boss after prosecutors on direct tried to link the former president to that payment and the record of it. Correspondent nate foy is outside
Confronting him about his own social media attacks on mr. Trump. The tense questions coming after cohen detailed a 2017 white house meeting when mr. Trump allegedly agreed to reimburse him for the Hush Money Payment to Stormy Daniels. The jury seeing the checks. Also, the Pressure Cohen says he felt from the former president not to flip on him, and how cohen says his family finally convinced him to turn on his old boss. Also tonight, the Horrifying Crash in florida. A Bus Carrying Farm workers colliding with a pickup. At least eight are dead, dozens injured. Now the truck driver accused of dui and facing charges. Just out, the First Ntsb Report on the baltimore bridge collapse. What happened on that ship before impact. President biden announcing sweeping new tariffs on chinas goods, including raising the tax on their electric cars to 100 . Nbc news investigates the battle between the church and a library in a place known as the hometown of superman. And superstar Caitlin Clark making h
Just the opposite. Also tonight, Kevin Mccarthys Government Shutdown is now just three days away with little hope he can get control of his chaos caucus in time to avert disaster. Democratic house leader Hakeem Jeffries joins me. But we begin with Breaking News tonight. Judge tanya chutkan, presiding over Donald Trumps federal election interference case, has rejected trumps request for her to recuse herself in the case. Judge chutkans thorough rebuke that he should be prosecuted and imprisoned. Its trumps second defeat by a judge in just two days. Yesterdays ruling by a new york judge, an attorney general Latitia James civil lawsuit against trump undercut one of his most consequential myths, the lie that trump was in real life the character that he played on tv for 14 seasons on the apprentice. Billionaire, successful Real Estate Developer, a wise businessman. But the truth was, and still is, that the twiceimpeached, four times indicted, civilly liable for sexual abuse former president