News | Business
7 May 2025 17:45
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      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


    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
     07 May: Property prices have fallen across country for a second time this year
     07 May: Unemployment may not have ticked up - but it could be some time before it tracks down
     07 May: Businesses appear to be reducing full-time hires - at a time unemployment has stayed static
     07 May: Transpower is consulting on investing 1.4 billion dollars in the Cook Strait electricity cable
     07 May: The upcoming unemployment rate is expected to reflect a difficult period for the economy
     07 May: Mixed opinions on when unemployment will reach its peak
     07 May: Global dairy prices have skyrocketed
     Top Stories

    RUGBY RUGBY
    Blues lock Sam Darry's shoulder might still be injured but he's managed to put pen to paper on a three year extension More...

    BUSINESS BUSINESS
    Property prices have fallen across country for a second time this year More...


     Today's News

    		 Law and Order:
    Karen Webb's time as NSW police commissioner was not without controversy 17:37

     International:
    India bombs Pakistan and disputed Kashmir region — what happens next? 17:37

     Entertainment:
    Jennifer Aniston was at home when a man allegedly crashed into her gates 17:28

     Business:
    Property prices have fallen across country for a second time this year 17:27

     Basketball:
    Tall Blacks forward Reuben Te Rangi believes the Breakers' local vision under new ownership is a slam dunk for the national team 17:27

     Entertainment:
    J.K. Rowling has insisted she won't fire Paapa Essiedu from 'Harry Potter' over his support for the trans community 16:58

     Business:
    Unemployment may not have ticked up - but it could be some time before it tracks down 16:57

     Entertainment:
    Donald Trump has "no idea" where his vial Pope image came from 16:28

     International:
    Women are lonelier than ever. It's putting their health at risk 16:17

     Rugby:
    Blues lock Sam Darry's shoulder might still be injured but he's managed to put pen to paper on a three year extension 16:07

     News Search




    Power Search

    © 2025 New Zealand City Ltd