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Transcripts for BBCNEWS Asia Business Report 20240604 01:33:15 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
International footprint. this will provide an element of air cover to help keep it fresh with new programmes, new shows, new movies while things play out in hollywood. but make no mistake, it will impact the company. and now let s focus on tesla, because the us electric vehicle maker has also just released its quarterly results, and its shares are also slightly in the red in after hours trading. the company s report card showed tesla s profit margins were squeezed by chief executive elon musk s decision to double down on a price war with rival auto makers. earlier, i spoke to digital economy expert arun sunda rajan, who expressed doubts about this strategy of cutting prices. they didn t come as a big surprise, but there is certainly cause for concern. this feels like a price war with new long term strategy to raise margins if tesla ....