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27 Apr 2025 6:35
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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


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     Top Stories

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    Hurricanes coach Clark Laidlaw feels the referees are struggling to accurately officiate scrums ahead of tonight's Super Rugby Pacific visit to the Brumbies in Canberra More...

    BUSINESS BUSINESS
    Monash IVF responds to ASX after baby bungle share price drop More...


     Today's News

    		 International:
    Donald Trump, Volodymyr Zelenskyy meet at Pope's funeral in first meeting since Oval Office argument 6:16

     Accident and Emergency:
    A single-vehicle crash at Ocean View Speedway in Whanganui yesterday evening has left one person with serious injuries 4:46

     Living & Travel:
    Donald Trump, Prince William and thousands of faithful: Key moments from Pope Francis's funeral 4:36

     Auckland:
    The on-ramp to Auckland's State Highway One is closed at Tristram Ave due because of a single vehicle crash 21:17

     International:
    What happens in Crimea since Russia's invasion and why is it contested? 20:57

     Environment:
    Hurricanes coach Clark Laidlaw feels the referees are struggling to accurately officiate scrums ahead of tonight's Super Rugby Pacific visit to the Brumbies in Canberra 18:57

     Environment:
    High expectations of midfielders Riley Higgins and Billy Proctor, who'll start together for the Hurricanes for the first time this season tonight against the Brumbies in Canberra 18:37

     Law and Order:
    Police are investigating a house fire in Wairoa last night 18:07

     Basketball:
    All three game threes in today's first-round NBA playoffs went the way of the home teams 17:27

     International:
    Nepal introduces new safety rules for Mt Everest, but guides question their effectiveness 17:07

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