in berlin halted production. higher interest rates, which put up borrowing costs, are also taking a toll and it has an ageing line up of vehicles. but it is the chinese market that investors are most worried about. dan ives from wedbush securities blamed rising ev competition and a lingering price war for the challenges that the company faces in that market. the gloomy outlook, well, it s driven tesla s stock down roughly 30% since the start of this year. still one bright spot it looks poised to retake the title of largest ev maker in the world from chinese rival byd, which on monday said it had sold around 300,000 evs during the quarter. shares of donald trump s social media company plunged 21% on monday. the drop wiped out the gains from its debut last week. it comes after the company disclosed it recorded 58 million dollars in losses last year and admitted it would struggle to meet its financial liabilities going forward. let s turn to china now because later this mornin
suffered multiple setbacks. a fire at its gigafactory in berlin halted production. higher interest rates, which put up borrowing costs, are also taking a toll and it has an ageing line up of vehicles. but it is the chinese market that investors are most worried about. dan ives from wedbush securities blamed rising ev competition and a lingering price war for the challenges that the company faces in that market. the gloomy outlook, well, it s driven tesla s stock down roughly 30% since the start of this year. still one bright spot it looks poised to retake the title of largest ev maker in the world from chinese rival byd, which on monday said it had sold around 300,000 evs during the quarter. here are some of them might have, tesla and other makers of electric vehicles the senior minister in the indian government in charge of road transport has said that the country will have no diesel or petrol vehicles in the future. but the minister didn t give any timeframe for this an
in berlin halted production. higher interest rates, which put up borrowing costs, are also taking a toll and it has an ageing line up of vehicles. but it is the chinese market that investors are most worried about. dan ives from wedbush securities blamed rising ev competition and a lingering price war for the challenges that the company faces in that market. the gloomy outlook, well, it s driven tesla s stock down roughly 30% since the start of this year. still one bright spot it looks poised to retake the title of largest ev maker in the world from chinese rival byd, which on monday said it had sold around 300,000 evs during the quarter. they could be none of bright spot and that might help tesla and other makers of electric vehicles. senior minister in the indian government in charge of a transportation asset the country will have no diesel or petrol vehicles in the future. but the minister didn t give any timeframe to fulfil this ambitious target, the bbc explains how ch
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