Now playing Next Business Tesla gets green light to expand German plant after revision to plans Approval to expand its first European plant was given after Tesla revised its original proposals following anger at the proposed felling of more than 100 hectares of trees. 17/05/2024
Now playing Next Tech News Elon Musk predicts human intelligence 'will be 1%' when AI takes over Elon Musk gave his thoughts on AI's impact, space exploration, and Starlink during the 27th annual Global Conference organised by the Milken Insitute. 10/05/2024
Now playing Next Markets Weekly markets round-up: Optimism high on interest rate cut hopes Major European indices have notched up all-time highs, with the FTSE 100 reaching a fresh record following signals from the Bank of England (BoE) indicating an impending rate cut. 10/05/2024
Now playing Next Markets Weekly markets recap: Mixed trends as investors digest company results Global markets this week have shown a mixed trend as investors delved into a diverse array of macroeconomic developments and company quarterly earnings. 03/05/2024
Now playing Next Business Apple preview: Key metrics to watch for in upcoming earnings report Apple is poised to release its earnings for Q2 fiscal year 2024 after the US market closes on 2 May. Investors will be watching for key metrics that shape its stock trajectory. 01/05/2024
Now playing Next Business Tesla founder Musk visits China during Beijing auto show Musk is viewed in China as a favourable contrast to the stern statements from US officials, particularly during the recent visit by US Secretary of State Antony Blinken. 29/04/2024
Now playing Next Markets Markets rebound: Easing geopolitical tension brings recovery European stock markets have bounced back after a three-week losing streak, bolstered by eased geopolitical tensions and robust corporate earnings. Meanwhile, Wall Street is also set for a positive week, with performance influenced by the outcomes of major tech company results. 26/04/2024
Now playing Next Markets Tesla's stock surges on optimism for Musk's affordable car line-up Tesla's shares surged by more than 10% despite a miss on the first-quarter earnings estimates as CEO Elon Musk signalled that the cheaper version of electric vehicles (EV) would arrive earlier than expected. 24/04/2024
Now playing Next Markets Tesla: What opportunities will Q1 earnings provide for its shares? Tesla's shares have seen a fall of nearly 30% in the first quarter because of growth bottlenecks. As analysts revise down estimates of Q1 earnings, an upside surprise may present a chance to rebound. Conversely, a miss on the expectation may exacerbate the downward pressure. 23/04/2024
Now playing Next Business Tesla cuts cost of electric vehicles globally, including in Europe Shortly after announcing thousands of jobs are to go, Tesla reveals it is cutting the price of its electric vehicles around the world, including in Europe. 22/04/2024
Now playing Next Markets Markets report: Stocks rebound as fears ease over Middle East conflict Stocks were seen on the rebound as investors showed relief that a wider conflict in the Middle East might be averted. Gold and the dollar eased back as crude oil prices slipped following Iran's Friday comments that it is not looking to retaliate after Israel's reported drone attack. 22/04/2024
Now playing Next Mobility Tesla recalls nearly 4,000 Cybertrucks due to accelerator pedal fault Tesla has recalled nearly 4,000 of its 2024 Cybertrucks after a fault was discovered with the accelerator pedal. 20/04/2024
Now playing Next Markets Markets round-up: Escalating Middle East tensions deepen weekly slump Global markets are poised for a third consecutive weekly decline as tensions rise in the Middle East. Investors are flocking to safe-haven assets, especially gold and silver, amplifying their surge as a safety destination. 19/04/2024
Now playing Next Business Tesla cuts 10% of its workforce in global efficiency drive Tesla's drastic layoffs may be a response to changes needed in the wake of the disappointing last quarterly delivery report. 15/04/2024
Now playing Next Business Europe's Tesla fans fear brakes put on plans for cheaper electric car European Tesla enthusiasts may have to resign themselves to paying for the company's existing models, as more rumours emerge of the company abandoning its plans for a cheaper electric vehicle. 09/04/2024
Now playing Next Mobility Tesla settles lawsuit over man's death in crash involving Autopilot The family of a Silicon Valley engineer filed a wrongful death lawsuit after a Tesla crash occurred in California in 2018. 09/04/2024
Now playing Next Tech News Brazilian judge investigates Elon Musk over disinformation Alexandre de Moraes, a judge from the Brazilian Supreme Court included Elon Musk in an ongoing investigation over the dissemination of fake news. 08/04/2024