Tesla has Wall Street worried about how many cars it just sold
Tesla's sales may decline due to reduced demand for electric vehicles and higher interest rates.
Analysts estimate a decrease in vehicle deliveries for the quarter, signaling potential challenges for the company.
Elon Musk's directives, including mandatory test drives for a driver-assistance feature, might have impacted Tesla's sales in the final week of March. [ more ]
California EV sales are falling. Is it just temporary, or a threat to state climate goals?
Electric vehicle sales in California have dropped significantly for the first time in over a decade, raising concerns about the state's ability to meet its climate goals. Tesla sales in California fell 10% in the final quarter of 2023.
High vehicle prices, unreliable charging networks, and consumer frustrations may be contributing to the decline in EV sales in California. [ more ]
Apple Reports Decline in Sales and Profit Amid iPhone Struggles in China
Apple faced challenges with declining sales, especially in China, due to competition from Huawei and other big tech companies performing better financially. [ more ]
B&Q owner sees profits tumble and warns over earnings for the year ahead
Kingfisher's annual profits slumped by more than 25%, with a significant drop in pre-tax profits to 568 million.
The group is overhauling its French arm, focusing on improving performance by restructuring stores and cutting down on underperforming locations. [ more ]