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27 Apr 2025 14:33
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      Home > News > Business

    Tesla's first-quarter profits have fallen by more than two-thirds amid a backlash against Elon Musk's electric car company that has hurt sales and sent its stock plunging

    Tesla's first-quarter profits have fallen by more than two-thirds amid a backlash against Elon Musk's electric car company that has hurt sales and sent its stock plunging

    23 April 2025
    Tesla says quarterly profits fell by 70 per cent to to $US409 million, or 12 cents a share, as Q1 revenue fell nine per cent to $US19.3 billion.

    The company's struggles to sell cars to consumers angry over Musk's leadership of a federal government jobs-cutting group that has divided the country and sparked protests.

    © 2025 Newstalk ZB, NZCity


     Other Business News
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     Today's News

    		 International:
    Fifty years after the Vietnam War, bombs and landmines still cover an area 'the size of Tasmania' 14:17

     Business:
    The Government says it will need more money to achieve 10-thousand public electric vehicle chargers by 2030 14:07

     Business:
    The Government's switching grants for electric vehicle charging stations, with an interest-free loan scheme 14:07

     Environment:
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     Basketball:
    A last-second Aaron Gordon dunk has propelled the Nuggets to a heart-stopping 101-99 win over the Clippers in their first round NBA Finals match in Los Angeles 13:27

     Law and Order:
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     Law and Order:
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     Health & Safety:
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     Health & Safety:
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