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more than 80% up on the year before. ofjune, hitting 460,000 cars it s now well on its way to its goal of 1.8 million for 2023. the rise came after tesla cut prices in the us, uk and china, in a bid to boost sales and compete with rival manufacturers. jim holder is an automotives expert and joins me now. good to see you. it seems that cutting the price of something it means demand goes up. it is not rocket science, but it is the kind of elusive sales figures that tesla has been after for a while. absolutely. this is great news for tesla, after a very hard into last year, particularly in its new chinese market, where it has been trying to push sales. but of course, pushing prices down bush s margin is done, and i think what we are all looking for is whether they can maintain profitability now. for the car industry, that has traditionally been a huge problem. pushes margin down. it s caught everyone by surprise, but everyone is watching very closely now, but sales fi ....
far as intervention when it reaches that 145 147 handle. we wouldn t be surprised to see intervention. wouldn t be surprised to see intervention. ~ , ., ., ~ intervention. where you work in australia. intervention. where you work in australia, the intervention. where you work in australia, the central intervention. where you work in australia, the central bank - intervention. where you work in australia, the central bank is i australia, the central bank is meeting this week as well, it s a tricky balancing act for them isn t it? even with inflation and whether or not to raise interest rates, what are you expecting? interest rates, what are you meeting? expecting? wearing a 3796 operability expecting? wearing a 3796 operability of expecting? wearing a 3796 operability of another - expecting? wearing a 3796 i operability of another hiker. analysts have been proven wrong the last two months so we are at that which see a trifecta and they are proven wrong again ....
and over in china their indicator on manufacturing is also due out today. it covers small and medium sized companies which should give us insight into how china s public sector is doing. private sector. on tuesday australia s central bank will be meeting and investors will be watching to see if authorities will hold steady or hike the cost of borrowing because of inflation concerns. earlier, i spoke to peter maguire of xm.com and he said he expected to see movement from tokyo on the japanese yen. i think there would not be surprise. they have done it in the last matter of six or eight months as far as intervention when it approaches the 145 150 sort of handle, so, yes, we won t be surprised to see intervention sometime injuly. where you are, australia s central bank will be meeting this week as well. it is kind of a tricky balancing act for them, isn t it, dealing with inflation, whether or not to raise interest rates? what are you expecting? well, exactly right. i me ....
first it was saudi arabia which announced it was cutting its production by one million barrels per day from august. then russia said it was cutting its production by half a million barrels per day from august too. the cuts mean global supplies will be reduced by around 1.5%. let s go live now to our middle east business correspondent, sameer hashmi. it doesn t sound like a lot, 1.5%, but it could have big implications. explain how important these two players are. explain how important these two players are- explain how important these two -la ersare. , ., ~ ., players are. let s talk about saudi arabia, the players are. let s talk about saudi arabia, the largest players are. let s talk about saudi arabia, the largest export - players are. let s talk about saudi arabia, the largest export in - players are. let s talk about saudi arabia, the largest export in the l arabia, the largest export in the world. these cuts were announced last month and they were not announ ....
that follows the police killing of a teenager on tuesday. 16,000 police have again been deployed, but there have been fewer incidents nationwide than on previous nights. president macron said he supported the security forces but was also looking in detail at the events that led to the death of nahel. he was scheduled to meet with german chancellor olaf scholz today but cancelled his trip on saturday. joining me now is tomasz michalski, associate professor of economics at the hec business school in paris. tomasz, fewer arrests overnight. what is the situation likely you in paris? where i am, i am in the leafy suburbs of western paris, there is nothing happening that you can observe, anything. but having said that, the night has been, in different places, especially in areas where you have a lot of council housing, high rise towers and projects, that s where most of the writing takes place night has been calmer. and in the inner city, where you have shops that can be l ....