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Transcripts For BBCNEWS Asia Business Report 20240706



by more than 20% in this past quarter compared to the same time last year. it is a big number but not totally unexpected because the company has been slashing prices of its top selling vehicles over the past year. top-selling vehicles over the past year- top-selling vehicles over the ast ear. :: , ,, past year. bringing in 20% less income is past year. bringing in 20% less income is well, past year. bringing in 20% less income is well, not past year. bringing in 20% less income is well, not good. - past year. bringing in 20% less j income is well, not good. what helps the electric car maker however is that it warned wall street this was coming. so it didn t come as a complete surprise, giving tessa cut prices on its top selling cars several times last year. 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 tri ....

Price Cuts , Friction Show Signs Of Easing , Down Under , Marketing Expectations , Didn T , Car Maker , Wall Street , Borrowing Costs , Car Market , Profit Margins , Car Sector , Smaller Margins , Jaguar Land Rover , 90 Billion , 0 Billion , All Electric Range Rover , Electric Manufacturing Facility , 2025 Jaguar , Chip Maker Asm L , Semiconductor Companies , Covid I9 , Asian Correspondent , Semiconductor Industry , Supply Chain Problems , Stock Up , Semiconductor Shortages ,