Its been tough several months for elon musk s firm its been struggling with falling sales because of intense competition from its chinese rivals. Well have some analysis shortly but first, heres our Business Correspondent erin delmore. Its been a rocky road for tesla this year. Interest rates are taking a bite out of Purchasing Power and pushing big purchases out of reach, competition with china especially rival vehicle maker byob is heating up, sales are falling and so is teslas stock. Its fallen more than 40 this year, the company is cutting prices and announced lay off, then on tuesday it reported its First Quarter earnings. Missing expectations on earning and revenue. The company is anticipating lower deliveries this year compared to 2023 but investors have one bright spot to look to come announced it speeding up the launch of a lower priced vehicle from affordable models could be a boon for cash strapped consumers, and a hit worldwide like china and india. Teslas shares soared in
Its a very high powered vacuum thats able to facilitate removing debris quicker than if we had to do it by hand. They also used plywood to disperse weight and ensure the sides of the area within a confined space. Rescuers were working by noon with the help of paramedic and cassie, a human search and rescue detection canine. It became clear it would be a recovery mission. This person was trapped under a lot of weight with no oxygen for over two hours. Public works spokesperson Rachel Gordon says the project was a San Francisco Public Utilities commission sewer upgrade project being managed by San Francisco public works. The individual trapped was a private contractor. She did not know the name of the contracting company. Well be here as long as we have to be here. We want to make sure that we know exactly what happened. We want to make sure that Something Like this doesnt happen again. We never want a construct, an accident. Safety is our number one priority. The medical examiner arrive
Approved would and the popular Social Media Platform if its chinese owner does not divest Ownership Stake in the app. The senators are currently voting on a number of bills including one that could potentially stop tiktok. The Senate Committee has passed that bill after months of stalemate. Joe biden has previously said that if it reaches his desk, he will sign it. But it may not be so simple. Carl tobias is a Law Professor at the University Of Richmond in virginia. He says a prolonged legal battle to challenge the order will take place. All of the outlets are reporting that the company intends to sue, challenging congress legislation after the president signs it, and will make First Amendment arguments on behalf of consumers. And it would go to the federal Appeals Court in the district of columbia, and then probably be appealed by whoever lost to the United States supreme court. That could take about two years, but if they sue, so thats the situation that we have now. How realistic is
Its been tough several months for elon musk s firm, its been struggling with falling sales because of intense competition from its chinese rivals. Well have some analysis shortly but first, heres our Business Correspondent erin delmore. Its been a rocky road for tesla this its been a rocky road for tesla this year. Its been a rocky road for tesla this year. Interest its been a rocky road for tesla this year. Interest rates are taking a bite out of Purchasing Power and pushing big purchases out of reach, competition with china especially rival vehicle maker byob is heating up, sales are falling and so is teslas stock. Its fallen more than 40 this year, the company is cutting prices and announced lay off, then on tuesday it reported its First Quarter earnings. The company is anticipating lower deliveries this year compared to 2023 but investors have one bright spot to look to come announced it speeding up the launch of a lower priced vehicle from affordable models models could be a boon
Our country was elected as the new head of this group. Mr. Amir abdulahi, after transferring the presidency of the assembly of the Islamic Republic of iran , in a speech, reminded the commitment of the Islamic Republic of iran to multilateralism and the role of multilateral institutions in understanding between countries to overcome problems. Global and also creating opportunities for growth and development, the minister of Foreign Affairs of asia considered the cradle of ancient civilizations and cultures to consider multilateral cooperation as a tool to activate the Great Potential of this continent. More powerful through new and emerging technologies announced that the forum was chaired by bahrain for the past 2 years. 35 Asian Countries are members of the asian cooperation dialogue forum, which was established two decades ago with the slogan of dialogue, and the headquarters of this group is in kuwait. And egypt on the sidelines of the United Nations General Assembly meeting and cl