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results missed market expectations. delayed results, a missed market expectations. tesla s income and earnings fell 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. samira hussain has more from new york. bringing in 20% less 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 given tesla cut prices on its top selling cars several times last year and in fact did it again this week. now, tesla is grappling with higher borrowing costs for consumers, slowing demand for their cars and so much more competition in the electric car market. so the price cuts did the trick. the company saw a 36% jump in deliveries, but the price cuts also mean that the profit margins on each card sold have gotten smaller. let s ....
company s income and earnings both fell by more than 20% in the past quarter compared to the past quarter compared to the same period last year. it is a big number but not totally unexpected because the company been slashing prices of its top selling cars over the past year. more from new york. bringing in 20% less income is well, not good, what has helped the electric car maker is that it warned wall street this was coming. so it didn t come as a complete surprise, given tesla cut prices on its top selling cars several times last year, and 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 trick, the company saw a 36% jump trick, the company saw a 36% jump in deliveries, but the price cuts also mean that the profit margins on each car sold have gotten smaller. staying with the car sector because jaguar land rover is in ....
of the country s most influential aboriginal leaders, yunupingu, who has died at the age of 7a. hello and welcome. let s look at some of the main stories in the uk. uk passport office workers are staging five weeks of industrial action over pay, pensions and job security. union reps say walking out now will cause maximum disruption, because people will be trying to renew their passports in time for summer travel. the british government has called the industrial action disappointing and says it s working to manage the impact it may have. our employment correspondent zoe conway reports. it s at this time of year that the passport service is at its busiest as people get their passports renewed in time for the summer. the pcs union says it s going on strike now to cause maximum disruption. 1,900 civil servants are directly involved in issuing passports. the union says more than 1,500 of them will go on strike. the union says there needs to be a dramatic improvement on las ....
finland s conservative leader petteri orpo wins a nail biting three way election race, defeating prime minister sanna marin. hello and welcome. i m ben thompson. russia s investigators have detained a 26 year old woman, darya trepova, in connection with the murder of the pro war blogger vladen tatarsky, who was killed by a bomb in st petersburg on sunday. media reports said the explosion occurred shortly after he had been given a statuette by a woman at an event in a cafe. russia s security service has accused ukraine of being behind the blast, but ukrainian officials have denied this. a short time ago russia s anti terrorism committee said it believes the attack was planned by ukrainian secret services, jointly with people cooperating with jailed opposition leader alexei navalny s anti corru ption foundation. our correspondent will vernon in moscow has more. i m just seeing a short statement that has come in from the russian investigative committee, which is russia s ....
our other main news this lunchtime. intense security as the man convicted of murdering liverpool schoolgirl olivia pratt korbel arrives at court for sentencing. a 26 year old woman is detained after the killing of a military blogger who supported russia s war in ukraine. and remembering mobile phones the size of bricks it s 50 years today since the first call was made on one. coming up on the bbc news channel: sacking season in full flow. chesley and leicester s search for a new manager and way after saying goodbye to brendan rodgers and graham potter. good afternoon and welcome to the bbc news at one. schools in england are facing more strike action after members of britain s biggest teaching union overwhelmingly rejected a government pay offer. 98% of national education union members who voted turned down a one off thousand pound payment on top of a wage rise. the union s leaders described the offer as insulting , while the government called it fair and reasonable ....