Now on bbc news, all the latest Business News live from singapore. As kaeslers as ka eslers latest as kaeslers latest earnings shift into high gear we look at china and india leading asias ambitions for Electric Cars. Teslas latest. And the dow pushes past 22,000 mark. Will the rally extends to asia. Kickstand to asia 7 will the rally extends to asia. Kickstand to asia . Welcome to Asia Business report. I am Sharanjit Leyl business report. I am Sharanjit Leyl. We begin with the auto sector. Electric Car Maker Temper tesla just reported revenues of more than 2 billion for the april june quarter, more than doubling. The electric car maker burnt through more than 1 billion in that quarter, ramping up production for its mass market model three, released last week. There are about half a million pre orders for the model three. Asia has its own ambitions when it comes to Electric Cars. China has mandated 8 of all vehicles sold the new energy cars by 2019. India has vowed to make all ca is 20
The breakthrough could help eradicate inherited diseases, but critics fear it could lead to the creation of so called designer babies. And now it is time to join Sally Bundock for World Business report. Charged up sales surge at tesla, but can it stay number one in electric cars as rivals plug into the business . Plus Hard Labourfor nissan as workers in mississippi vote on the right to form a union after a ill year battle. Welcome to World Business report. Im Sally Bundock. It is good to have you with us. Also coming up, the dow closes above 22,000 For The First Time. Well get the latest from the asian markets. But first we start in california with electric car maker, tesla. Investors have been taking a huge gamble on the company, betting its the future of the car industry, and pushing its share price ever higher. Late last night, we got its latest set of results, and they havent disappointed. Lets show you why. In the three months to the end ofjune it made revenues of 2. 8 billion. Th