54 h. ago Tesla Signals Caution, Says It Will Revisit 2025 Growth Outlook

Tesla Inc. backed away from an earlier view for 2025 sales growth and pledged to revisit its outlook next quarter, a sign that tariffs, an aging vehicle lineup and the backlash against Chief Executive Officer Elon Musk are having an impact on the electric-vehicle maker.

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55 h. ago Tesla Q1 profit falls sharply as it fights backlash tied to Musk’s role in Trump administration

NEW YORK (AP) — Tesla’s first-quarter profits plunged by more than two-thirds amid a backlash against Elon Musk’s electric car company that has hurt sales and sent its stock plunging. The Austin, Texas, company said Tuesday that quarterly profits fell by 70% to to $409 million, or 12 cents a share. That’s far below analyst […]

Politics

55 h. ago Tesla sees 70% drop in Q1 profits amid backlash against Musk

The disappointing results come as the company is fighting a backlash due to Elon Musk’s leadership of a federal government jobs-cutting group that has sparked angry protests.

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61 h. ago Tesla, hammered by protests and plummeting sales, to report 1st quarter performance

Tesla reports first-quarter financial results after the bell Tuesday with the electric vehicle maker coping with sluggish sales and fallout from its CEO’s prominent role in the Trump administration. Wall Street expects Tesla to report a profit of 41 cents per share, down slightly from the year-ago quarter. Sales are estimated at $21.3 billion, on […]

Culture

9 d. ago Here's how much home prices in Canada are expected to drop in 2025

Following an uptick in home prices in 2024, British Columbia could be among the parts of Canada to see a potential decline in housing prices in 2025.According to a recent forecast by TD Bank's economists, average home prices in B.C. will fall by 4.1 per cent in 2025, before rising by 2.7 per cent in 2026. This comes after a 1.7 per cent increase in home prices in 2024.This will be the country's second-largest dip in home prices, following the forecast for Ontario: a decrease of 6.4 per cent in 2025, and a subsequent increase of 2.2 per cent in 2026. Last year, home prices in Ontario went up marginally, by 0.3 per cent.As for the number of home sales in B.C., the volume of transactions is expected to decrease by 0.8 per cent, before rallying by a staggering 14.7 per cent in 2026. Similarly, Ontario will see a 7.6 per cent drop in home sales in 2025, followed by a 16.9 per cent increase in 2026, the bank's experts say."This reflects muted demand conditions in both [B.C. and Ontar...

Economics

3 w. ago Tesla sales fall 13 per cent in Q1 after backlash against Elon Musk

China's BYD is set to unseat Tesla as the top global EV seller for the first time this year with a 15.7 per cent market share, ahead of Tesla's 15.3 per cent.

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