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we start here in the uk where investors are now betting the cost of borrowing will have to keep rising because inflation remains stubbornly high. that s despite a pledge by the government to bring it down, and a barrage of interest rate rises by the bank of england attempting to get it under control. just a few weeks ago, we were assuming that after 11 increases in a row, the bank would not have to raise rates much further. but on wednesday, there was a major rethink on financial markets, which are now pricing in three more rises this year, with rates hitting 5%. here s why. prices in the uk are still rising much too fast, with inflation at 10.1% in the year to march. that s a bit less than the 10.4% recorded in in february, but was still much higher than expected. economists were predicting inflation would fall into single figures. one of the biggest factors the soaring cost of food and drink. it s up over 19% in the past year. it s the fastest rise in 45 years a ....
if they get there in time. this is not just a professional failing, this is a failing of basic humanity towards another individual. memphis braces for fallout over the fatal nonstop beating of a black man by police with video set to be released any day now. what s going on now with george santos? the man just listed as treasurer for santos campaign says he doesn t even work for the congressman. all right. here we go. welcome to our viewers in the united states and around the world. i m christine romans. we begin with a potential game changer in russia s campaign with a big if. president biden announces to send 31 abrams tanks to ukraine after germany said it will deliver 14 leopard 2 tanks from its own supply. the challenge now getting the tanks to the battlefield in time to make a difference. we ve got to make sure we re helping the ukrainians plan and prepare for the fighting we think they re going to be facing in the spring and summer months as the weather ....
guests were shown videos of the truck resisting a hail of bullets racing a sports car in sharp contrast to what happened two years ago where stuff was thrown at the window and the window broke. pulling huge loads before the first customers got to drive their purchases away. one us magazine has called the project musk s adolescent video game fantasy . but tesla hopes the cybertruck with its controversial design will grab attention in an increasingly crowded market for electric vehicles amid a tough consumer environment. michelle fleury has more. the road he hasn t been easy. the last time elon musk took to the stage to promote the electric car company s cybertruck, its windows ended up being smashed. for two years later, as the company starts delivering the futuristic product to buyers, the problem has been fixed with customers there in person at the tesla factory in austin, texas to collect their cybertrucks and elon musk put on a show to mark this historic m ....
Is elon musk and tesla is acknowledged to be a groundbreaking terms of innovation notjust with ev but space, and aviation, but right now elon musk is a fractional ceo, he is running multiple multibillion dollar global businesses at the same time and tesla investors in the us are clearly concerned there is a lack of focus on execution right at the top, number one. number two, the company has talked about betting some of its future growth on diversifying revenue streams we need to continue to see accelerated growth in those revenue lines for that to gain traction as part of the tesla story. traction as part of the tesla sto . , ., ~ traction as part of the tesla sto . ~ ., , story. do you think what is required story. do you think what is required at story. do you think what is required at tesla - story. do you think what is required at tesla is - story. do you think what is required at tesla is for - required at tesla is for someone else to take the helm, i don t mean elon musk lea ....
Cuts. they made a poker move in terms of cutting prices. seems like it s paying off significantly. bulls are going to like this. prices and musk saying that s going to spur that s spurring demand. gross margin falling 5% from a year ago and down from last quarter. can tesla produce 2 million cars as promised and maintain margins? look, i think that s going to be a tight wire act. i do believe that they are starting to cap at 1.8 million potentially could be the delivery number. that s what the street wanted to see, set realistic expectations. i believe demand, the trajectory is what you would expect. the margins, they re essentially sacrificing near term amounts to do. it s been a bizarre few months musk gave some confidence on this tesla story. yeah. ....