Hello. Good to have you with us. I am sally bundock. Lets now dissect the top business stories. We start in the us where tesla has revealed the biggest slump in earnings in more than a decade as the road gets increasingly rocky for the electric car industry. Tesla made profits of 1. 1 billion in the first three months of the year. Thats a fall of 55 on this time last year. Revenues were 9 lower and both numbers were worse than investors had been expecting. But tesla shares which have taken a pounding this year jumped around 11 in after hours trade after the company promised quicker progress on new more affordable models. From new york, heres erin delmore. Its been a rocky road fit for this year. High Interest Rate that taking a bite out of consumer Purchasing Power and pushing big purchases out of reach. Competition with china especially over electric vehicle maker byd is heating up. Sales have been falling and so has its stock. It up. Sales have been falling and so has its stock. So h
Could save some sort of real catastrophe here. Could save some sort of real catastrophe here. Thats what i ho ed catastrophe here. Thats what i heped for catastrophe here. Thats what i hoped for. Definitely catastrophe here. Thats what i hoped for. Definitely the catastrophe here. Thats what i hoped for. Definitely the sensej hoped for. Definitely the sense that this is a huge moment. I want to ask, with all of this in mind, you and i have spoken in mind, you and i have spoken in the past about the prospects for a longer ceasefire for a hostage deal, you are mentioning qatar. What do you think that all of this means for any prospects of either of those two options . I for any prospects of either of those two options . For any prospects of either of those two options . I think you have to compartmentalise those two options . I think you have to compartmentalise this which is what the saudis and qatari is angela aliens are doing now, lets compartmentalise this. You have this thing with h
where talks on the deal have been taking place, support for a return to stormont. i think everybody from an economic standpoint would like stormont back, and that way the money will be released to the services that need them, such as education and the health service. money isn t being allocated to the areas that needed it. so absolutely. so it s a bit of a vacuum. yes, yes. we are almost two years - without a devolved government and it matters to people, - because it feels like there s no one in charge, no one in control, - no one there to make decisions. schools are not functioning some days. hospitals are not functioning any day as they should. there are massive problems across the entire public sector. two commentators on the perils of a power vacuum and, from a leading unionist newspaper, strong forces suggest a return to stormont. i think there are two things that are pushing jeffrey donaldson and his party back into stormont. the first is ideological. they believe in de