Apple is offering its headset, the vision pro, 3,500 us and that is 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 and last week its big boss elon musk told its workforce he would cut their numbers by 10 . That impliesjob losses in the region of 40,000. In recent days, mr musk postponed a planned trip to india this week. He was due to meet the Prime Minister Narendra Modi and reveal plans to enter the south asian market. On his social media platform, x, m
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. It also lowered the price of its premium driver all this comes just ahead of the ev maker s Quarterly Results tonight. 0ur Business Reporter david wadell takes a look at what to expect. Its proving to be a tricky period for tesla. Its shares have fallen by around 40 since the beginning of the year. And last week its big boss, elon musk, told us workforce he would cut their numbers by 10 . That impliesjob losses in the region of 14,000. In recent days, mr musk postponed a planned trip to india. This week, he was due to meet the prime minister, Narendra Modi and reveal plans to enter the south asian market. On his own social media platform, x, mr musk revealed that unfortunately very heavy tesla obligations require the visit to india be delayed, but he
That this is a politically motivated witch hunt orchestrated by president biden. These are all biden trials. This is done as election interference. Everybody knows it. Im here instead of being able to be in pennsylvania and georgia and lots of other places campaigning, and its very unfair. Inside the court, we see a man accustomed to being in charge now not in control. Forced to sit and listen to the prosecutions allegations, whether he likes it or not, with the jury carefully watching his reactions. The story of the porn star Stormy Daniels is central to the case. The prosecution said that paying her 130,000 in hush money was election fraud, pure and simple, orchestrated by donald trump. The court will hear evidence from trumps former fixer, now sworn enemy, Michael Cohen. Hell describe making that payment on mr trumps instructions. The defence will brand him an admitted liar and convicted criminal, whos now obsessed with his former boss. Mr cohen was earlier involved in paying off a
Of its choosing. Oil prices are particularly volatile, given the regions role in producing a commodity so vital to the functioning of the Global Economy. Well, oil prices have actually been falling and thats because many traders think the risk of escalation is already factored in to the price. The American Bank citigroup though is warning that if there is more direct conflict between the two, oil prices could soar above 100 a barrel. And its likely that all of this will dominate the agenda for central bankers and Finance Ministers who are gathering this week in washington dc for the annual International Montary fund and world bank meetings. Ahead of that, the head of the imf Kristalina Georgieva has been warning the Global Economy faces a sluggish and disappointing decade amid all the uncertainty. Any impact, as small as it might be, is not desirable in an economy with high uncertainty. And inflation still not being brought down to target, very simple, oil prices go up, inflation goes
good morning, it is 11:00 a.m. eastern, i m josé diaz-balart. we begin in new york city where tensions are flaring inside the courtroom as former president donald trump has taken the stand in the $250 million civil trial that threatens his sprawling business empire. the case centered around accusations that trump along with his two adult sons inflated various trump assets to get more favorable rates from banks and insurers. trump and his children have denied any wrongdoing, and while trump just took the stand about an hour ago, the judge already accused the former president of treating this appearance like a political rally. the judge has urged trump s lawyers a number of times to control their client. let s go right to nbc s vaughn hillyard outside the courthouse. vaughn. reporter: good morning, jose. donald trump just leaving here the courtroom for a morning break after a contentious first 90 minutes of donald trump on the stand and under oath, facing questions from the